v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 965 $ 24,855 $ 1,967 $ 50,338
Costs and expenses:        
Cost of revenue 292 21,088 586 42,075
Selling, general and administrative 3,193 2,895 6,243 4,865
Total costs and expenses 3,485 23,983 6,829 46,940
Operating income (loss) (2,520) 872 (4,862) 3,398
Other income (expenses):        
Other income (loss), net (86) 3,130 (116) 4,311
Gain (loss) on sale of asset (264) 830  
Gain (loss) from change in fair value of financial instruments (218) 99 (1,596) (750)
Gain from termination of certain Investment shares in M2i 959 959
Interest income (expense), net (26) (1,229) 1 (3,629)
Other income (expenses), net 365 2,000 78 (68)
Income (loss) before provision for income taxes and discontinued operations (2,155) 2,872 (4,784) 3,330
Provision for income taxes (1) 189 4 287
Net income (loss) from continuing operations (2,154) 2,683 (4,788) 3,043
Net income (loss) from discontinued operations, net of taxes 103 919 103 1,014
Net income (loss) $ (2,051) $ 3,602 $ (4,685) $ 4,057
Basic and diluted net income (loss) per share:        
Net income (loss) per share from continuing operations, basic $ (0.06) $ 1.03 $ (0.18) $ 1.36
Net income (loss) per share from continuing operations, diluted (0.06) 0.55 (0.18) 0.85
Net income (loss) per share from discontinued operations, basic 0.00 0.35 0.00 0.45
Net income (loss) per share from discontinued operations, diluted 0.00 0.20 0.00 0.23
Net income (loss) per share, basic (0.06) 1.39 (0.17) 1.82
Net income (loss) per share, diluted $ (0.06) $ 0.75 $ (0.17) $ 1.08
Weighted average common shares outstanding:        
Basic 34,809,790 2,592,878 27,125,094 2,229,573
Diluted 34,809,790 4,661,101 27,125,094 4,506,376