v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of cash flows [abstract]    
Net loss $ (74,298) $ (3,379)
Net profit (loss) from discontinued operations 4,337 (1,858)
Net loss from continuing operations (78,635) (1,521)
Adjust net loss for non-cash transactions:    
Depreciation and amortization 3 34
Expected credit losses for accounts receivable 3,114 216
Impairment loss, net 59,535
Fair value loss on investment in private company shares 2,000
Change in fair value of derivative and warrant liability (5) (24)
Share-based compensation 843 1,099
Gain on previously held interest in acquired entity (2,232)
Non-cash revenue from digital asset staking rewards (3,091)
Interest expense 46 93
Interest income (104) (3)
Income tax expense 799
Change in contingent consideration (8)
Debt conversion 50
Changes in non-cash working capital items:    
Accounts receivable and other receivables, net (1,056) (257)
Prepayment and other current assets (489) (64)
Accounts payable and other payables 3,550 260
Contract liabilities and deferred revenue 145 98
Cash used in operating activities from continuing operations (13,345) (2,259)
Interest received 104 3
Income tax paid (26)
Net cash used in operating activities from continuing operations (13,267) (2,256)
Net cash used in operating activities from discontinued operations (1,110) (178)
Net cash used in operating activities (14,377) (2,434)
Cash flows from investing activities:    
Acquisition of a subsidiary, net of cash acquired (4,195)
Purchase of property and equipment (7) (120)
Purchase of digital assets (2,999)
Net cash used in investing activities from continuing operations (3,006) (4,315)
Net cash used in investing activities from discontinued operations (967)
Net cash used in investing activities (3,006) (5,282)
Cash flows from financing activities:    
Loan from shareholder 2,513
Proceeds from shares issuance for cash, net of issuance costs 11,427 2,457
Proceeds from equity warrants exercise 231
Contribution from minority interest member 81
Partial repayment of debt (3)
Net cash provided by financing activities from continuing operations 11,658 5,048
Net cash provided by financing activities from discontinued operations 586
Net cash provided by financing activities 11,658 5,634
Net decrease in cash (5,725) (2,082)
Cash and cash equivalents, beginning of period 19,033 1,592
Effect of foreign exchange rate changes (238) 1,261
Cash and cash equivalents, end of period 13,070 771
Supplemental disclosures of cashflow information    
Non-cash CTA reclassified from OCI to net loss 195 355
Cashless exercise of warrants 25
Other non-cash issuance of shares 1
Reclassification of receivable to investment in private company shares 8,978
Reclassification from prepaid digital assets to digital assets $ 50,000