CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($) shares in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenues | ||||
| Revenue | $ 1,069,000 | $ 3,315,000 | $ 2,539,000 | $ 6,680,000 |
| Income from rental property | 2,399,000 | 0 | 4,783,000 | 0 |
| Revenue | 3,468,000 | 3,315,000 | 7,322,000 | 6,680,000 |
| Cost of revenue | ||||
| Financing and brokerage | 197,000 | 722,000 | 471,000 | 1,376,000 |
| Rental property | 1,476,000 | 0 | 2,782,000 | 0 |
| Total cost of revenue | 1,673,000 | 722,000 | 3,253,000 | 1,376,000 |
| Gross profit | 1,795,000 | 2,593,000 | 4,069,000 | 5,304,000 |
| Operating expenses | ||||
| General and administrative expenses | 2,987,000 | 2,097,000 | 5,742,000 | 4,058,000 |
| Provision (benefit) for credit losses | (51,000) | 481,000 | 251,000 | 1,047,000 |
| Depreciation and amortization | 1,928,000 | 61,000 | 4,320,000 | 123,000 |
| Professional fees | 901,000 | 753,000 | 1,924,000 | 1,327,000 |
| Total operating expenses | 5,765,000 | 3,392,000 | 12,237,000 | 6,555,000 |
| Loss from operations | (3,970,000) | (799,000) | (8,168,000) | (1,251,000) |
| Other income (expense) | ||||
| Interest expense | (3,348,000) | (1,488,000) | (6,078,000) | (2,783,000) |
| Financing charges (income) | 57,000 | 84,000 | (34,000) | 65,000 |
| Change in fair value of warrant liabilities | (57,000) | 0 | 1,364,000 | 0 |
| Other gain (loss) | 82,000 | (4,000) | (27,000) | (12,000) |
| Total other income (expense) | (3,266,000) | (1,408,000) | (4,775,000) | (2,730,000) |
| Loss before income taxes | (7,236,000) | (2,207,000) | (12,943,000) | (3,981,000) |
| Provision for income taxes | 0 | 0 | 0 | 0 |
| Net loss | (7,236,000) | (2,207,000) | (12,943,000) | (3,981,000) |
| Dividend on preferred stock | (695,000) | (210,000) | (1,342,000) | (349,000) |
| Net loss attributed to common stockholders - basic | $ (7,931,000) | $ (2,417,000) | $ (14,285,000) | $ (4,330,000) |
| Net Loss Per Common Share - basic (in dollars per share) | $ (0.04) | $ (0.02) | $ (0.07) | $ (0.04) |
| Net Loss Per Common Share - diluted (in dollars per share) | $ (0.04) | $ (0.02) | $ (0.07) | $ (0.04) |
| Weighted-Average Common Shares Outstanding - basic (in shares) | 209,124 | 112,639 | 208,881 | 106,509 |
| Weighted-Average Common Shares Outstanding - diluted (in shares) | 209,124 | 112,639 | 208,881 | 106,509 |
| Comprehensive Loss | ||||
| Net loss | $ (7,236,000) | $ (2,207,000) | $ (12,943,000) | $ (3,981,000) |
| Unrealized gain (loss) on foreign currency translation | 0 | 0 | 0 | 2,000 |
| Total comprehensive loss | $ (7,236,000) | $ (2,207,000) | $ (12,943,000) | $ (3,979,000) |
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of expense incurred and directly related to generating revenue by lessor from operating lease of rented property and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of expense (reversal of expense) for expected credit loss on accounts receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of revenue that is not accounted for under Topic 606. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|