v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

8. PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

 

    As of  
    June 30,
2026		     December 31,
2025		  
Cost:            
Servers, computer and network equipment     140       140  
Buildings and improvements     2,703       2,703  
Machinery and facility equipment     7,244       7,244  
Mining equipment     130,823       134,569  
Total cost     140,910       144,656  
                 
Less: accumulated depreciation                
- Servers, computers and network equipment     (140 )     (137 )
- Buildings and improvements     (134 )     (92 )
- Machinery and facility equipment     (3,933 )     (2,468 )
- Mining equipment     (79,804 )     (79,954 )
Total accumulated depreciation     (84,011 )     (82,651 )
                 
Less: accumulated impairment loss     (38,704 )     (41,333 )
                 
Property and equipment, net     18,195       20,672  

 

The reduction in the balance of mining equipment cost as of June 30, 2026, compared to December 31, 2025, was primarily attributable to the sale and write-off of certain mining equipment in the period.