v3.26.1
SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Segment Reporting [Line Items]      
Total revenues   $ 247  
Inventory write-off [1] 1,568  
Research and development payroll [1] 530 1,631  
Research and development projects [1] 36 245  
Operating lease and maintenance [1] 286 328  
Professional Services [1] 930 949  
Directors Insurance [1] 279 316  
Investors relations expenses [1] 42    
Share-based compensation expense [1] 13,774 59  
Unrealized loss on digital asset 30,328 [1]  
Digital asset custody and sponsor fees [1] 261    
Other segment items [1] 389 2,196  
Net loss 46,855 7,045  
Total asset 87,428 [2] 6,551 [2] $ 122,565
Flywheel [Member]      
Segment Reporting [Line Items]      
Total revenues   247  
Inventory write-off [1] 1,568  
Research and development payroll [1] 530 1,631  
Research and development projects [1] 36 245  
Operating lease and maintenance [1] 286 328  
Professional Services [1]  
Directors Insurance [1]  
Investors relations expenses [1]    
Share-based compensation expense [1] 1 53  
Unrealized loss on digital asset [1]    
Digital asset custody and sponsor fees [1]    
Other segment items [1] 427 2,034  
Net loss 1,280 5,612  
Total asset [2] 2,698 6,106  
Corporate Segment and Other Operating Segment [Member]      
Segment Reporting [Line Items]      
Total revenues    
Inventory write-off [1]  
Research and development payroll [1]  
Research and development projects [1]  
Operating lease and maintenance [1]  
Professional Services [1] 930 949  
Directors Insurance [1] 279 316  
Investors relations expenses [1] 42    
Share-based compensation expense [1] 13,773 6  
Unrealized loss on digital asset [1] 30,328    
Digital asset custody and sponsor fees [1] 261    
Other segment items [1] (38) 162  
Net loss 45,575 1,433  
Total asset [2] $ 84,730 $ 445  
[1] Other segment items for the Flywheel Business are primarily related to cost of revenue, payroll and other costs supporting the Company’s research and development activity, patents and certain expenses that are not easily allocatable to specific functions.
[2] Flywheel Segment assets include all Company assets except digital assets, short term prepaid expenses, long-term prepaid expenses and certain cash and cash equivalents.