v3.26.1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Ordinary Shares [Member]
Common Stock [Member]
High Voting Shares [Member]
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2024 1,409,885 40,000 0        
Balance at Dec. 31, 2024 $ 30 $ 21 $ 0 $ 322,476 $ (347,012) $ (1,212) $ (25,697)
Issuance of Ordinary Shares in connection with December 2024 reverse share split (in shares) 36            
Net (loss) / income $ 0 0 0 0 7,802 0 7,802
Other comprehensive income, foreign currency translation adjustment $ 0 $ 0 $ 0 0 0 1,738 1,738
Balance (in shares) at Mar. 31, 2025 1,409,921 40,000 0        
Balance at Mar. 31, 2025 $ 30 $ 21 $ 0 322,476 (339,210) 526 (16,157)
Balance (in shares) at Dec. 31, 2024 1,409,885 40,000 0        
Balance at Dec. 31, 2024 $ 30 $ 21 $ 0 322,476 (347,012) (1,212) (25,697)
Net (loss) / income             8,778
Other comprehensive income, foreign currency translation adjustment             (1,234)
Balance (in shares) at Jun. 30, 2025 1,409,921 40,000 0        
Balance at Jun. 30, 2025 $ 30 $ 21 $ 0 322,476 (339,734) (1,248) (18,455)
Cumulative Translation Adjustment, Net of Tax, Period Increase (Decrease)             0
Balance (in shares) at Mar. 31, 2025 1,409,921 40,000 0        
Balance at Mar. 31, 2025 $ 30 $ 21 $ 0 322,476 (339,210) 526 (16,157)
Net (loss) / income 0 0 0 0 (524) 0 (524)
Other comprehensive income, foreign currency translation adjustment $ 0 $ 0 $ 0 0 0 (1,774) (1,774)
Balance (in shares) at Jun. 30, 2025 1,409,921 40,000 0        
Balance at Jun. 30, 2025 $ 30 $ 21 $ 0 322,476 (339,734) (1,248) (18,455)
Balance (in shares) at Dec. 31, 2025 1,424,834 40,000 1,401        
Balance at Dec. 31, 2025 $ 14 $ 10 $ 456 342,084 (333,390) (9,300) (126)
Net (loss) / income 0     0 (2,015) 0 (2,015)
Other comprehensive income, foreign currency translation adjustment $ 0     0 0 243 243
Balance (in shares) at Mar. 31, 2026 1,424,834 40,000 1,401        
Balance at Mar. 31, 2026 $ 14 $ 10 $ 456 343,504 (335,405) (9,057) (478)
Issuance of pre-funded warrant       1,420 0 0 1,420
Balance (in shares) at Dec. 31, 2025 1,424,834 40,000 1,401        
Balance at Dec. 31, 2025 $ 14 $ 10 $ 456 342,084 (333,390) (9,300) (126)
Net (loss) / income             (5,792)
Other comprehensive income, foreign currency translation adjustment             1,707
Balance (in shares) at Jun. 30, 2026 1,424,834 40,000 1,401        
Balance at Jun. 30, 2026 $ 14 $ 10 $ 456 343,504 (339,182) (7,593) (2,791)
Issuance of pre-funded warrant             1,964
Cumulative Translation Adjustment, Net of Tax, Period Increase (Decrease)             1,223
Balance (in shares) at Mar. 31, 2026 1,424,834 40,000 1,401        
Balance at Mar. 31, 2026 $ 14 $ 10 $ 456 343,504 (335,405) (9,057) (478)
Net (loss) / income $ 0     0 (3,777) 0 (3,777)
Other comprehensive income, foreign currency translation adjustment             1,464
Balance (in shares) at Jun. 30, 2026 1,424,834 40,000 1,401        
Balance at Jun. 30, 2026 $ 14 $ 10 $ 456 343,504 (339,182) (7,593) (2,791)
Cumulative Translation Adjustment, Net of Tax, Period Increase (Decrease)             1,223
Other comprehensive income, including 1,223 of cumulative translation adjustment released to net loss on deconsolidation $ 0     $ 0 $ 0 $ 1,464 $ 1,464