v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting The following tables present certain financial information related to our reportable segments (in thousands):
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
Financing
Solutions		Real Estate
Operations		TotalFinancing
Solutions		Real Estate
Operations		Total
Revenue$1,069 $2,399 $3,468 $2,539 $4,783 $7,322 
Significant segment-level expenses:
Cost of revenue197 1,476 1,673 471 2,782 3,253 
General and administrative expenses1,502 1,485 2,987 2,860 2,882 5,742 
Provision for credit losses(51)— (51)251 — 251 
Depreciation and amortization78 1,850 1,928 139 4,181 4,320 
Professional fees176 725 901 599 1,325 1,924 
Loss from operations$(833)$(3,137)$(3,970)(1,781)(6,387)(8,168)
As of June 30, 2026
Financing
Solutions		Real Estate
Operations		Total
CURRENT ASSETS
Cash, cash equivalents$464 $632 $1,096 
Restricted cash10 3,705 3,715 
Advance receivables, net4,940 8 4,948 
Prepaid expense87 641 728 
Loan commitment asset3,719 — 3,719 
Due from related parties60 4 64 
Note receivable1,706 — 1,706 
Other current assets81 468 549 
Total current assets11,067 5,458 16,525 
Fixed assets, net113 153,954 154,067 
Operating lease right-of-use asset18 — 18 
Intangible assets, net412 573 985 
Goodwill1,219 — 1,219 
Other assets1,118 44 1,162 
TOTAL ASSETS$13,947 $160,029 $173,976 
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Financing
Solutions		Real Estate
Operations		TotalFinancing
Solutions		Real Estate
Operations		Total
Revenue$3,315 $— $3,315 $6,680 $— $6,680 
Significant segment-level expenses:
Cost of revenue722 — 722 1,376 — 1,376 
General and administrative expenses2,097 — 2,097 4,058 — 4,058 
Provision for credit losses481 — 481 1,047 — 1,047 
Depreciation and amortization61 — 61 123 — 123 
Professional fees753 — 753 1,327 — 1,327 
Loss from operations$(799)$— $(799)(1,251)(1,251)
As of December 31, 2025
Financing
Solutions		Real Estate
Operations		Total
CURRENT ASSETS
Cash, cash equivalents$4,165 $739 $4,904 
Restricted cash— 3,274 3,274 
Advance receivables, net7,229 8 7,237 
Prepaid expense141 375 516 
Loan commitment asset6,710 — 6,710 
Due from related parties40 99 139 
Other current assets50 617 667 
Total current assets18,335 5,112 23,447 
Fixed assets, net118 150,874 150,992 
Operating lease right-of-use asset46 — 46 
Intangible assets, net510 1,998 2,508 
Goodwill1,219 — 1,219 
Other assets150 1 151 
TOTAL ASSETS$20,378 $157,985 $178,363