v3.26.3
Other Current Assets, Net - Schedule of Other Current Assets (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Schedule of Other Current Assets [Abstract]    
Deposits [1] $ 1,327 $ 4,099
Prepaid director and officer insurance expenses 337 205
Prepaid consulting service expenses 43 1,571
Deposit for lease 89 39
Deferred contract costs 2,418 2,191
Prepayment to third parties [2] 6,143 8,825
Receivable from third parties [3] 9,703 5,409
Funds held in escrow 6,582 4,000
Prepaid income tax 953
Others 1,022 406
Less: Current expected credit losses (11) (10)
Total $ 28,606 $ 26,735
[1] As of September 30, 2026 and December 31, 2025, the balance of deposits represented the deposits made to our service providers, who paid utility charges in mining facilities on behalf of the Company. The deposits are refundable upon expiration of the agreement.
[2] The balance of prepayment to third parties primarily consists of the prepayment to our GPU servers leasing partner.
[3] The balance of receivables from third parties primarily consists of a deposit for a hosting site of $3.1 million made in the third quarter of 2026, value-added tax receivables of $2.7 million, sales tax receivables of $1.3 million, and other various receivable from a third-parties.