v3.26.1
Note 9 - Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

For the Years Ended December 31,

 
  

2025

  

2024

  

% Change

 

Revenue

            

Digital Assets

 $186  $—   100%

Managed Services

  1,957   2,062   (5)%

Collaboration Products

  294   316   (7)%

Consolidated

 $2,437  $2,378   2%
             

Cost of revenues

            

Digital Assets

 $24  $—   100%

Managed Services

  1,384   1,337   4%

Collaboration Products

  15   710   (98)%

Consolidated

 $1,423  $2,047   (30)%
             

Gross Margin

            

Digital Assets

 $162  $—   100%

Managed Services

  573   725   (21)%

Collaboration Products

  279   (394)  (171)%

Consolidated

 $1,014  $331   206%
             

Operating expenses

            

Digital Assets (1)

 $209  $—   100%

Managed Services (2)

  —   —   0%

Collaboration Products (3)

  11   341   (97)%

Corporate (4)

  3,756   4,192   (10)%

Consolidated

 $3,976  $4,533   (12)%
             

Other income (expense), net

            

Digital Assets (5)

 $(3,519) $—   (100)%

Managed Services (6)

  —   (1)  (100)%

Collaboration Products (6)

  —   16   100%

Corporate (7)

  128   154   (17)%

Consolidated

 $(3,391) $169   (2107)%

Net loss before taxes

 $(6,353) $(4,033)  58%

Income tax expense

 $2  $10   (80)%

Net loss

 $(6,355) $(4,043)  57%
             
  

As of December 31,

 

Total assets

 2025  2024  % Change 

Digital Assets (8)

 $5,562  $—   100%

Managed Services (9)

  401   422   (5)%

Collaboration Products (10)

  258   285   (9)%

Corporate (11)

  1,998   4,568   (56)%

Consolidated

 $8,219  $5,275   56%

 

Disaggregation of Revenue [Table Text Block]
  

Year Ended December 31, 2025

 
  

Digital Assets

  

Managed Services

  

Collaboration Products

  

Total

 
                 

Revenue

                

Digital Assets

 $186  $—  $—  $186 

Network Services

  —   1,898   —   1,898 

Video Collaboration

  —   44   294   338 

Professional and other services

  —   15   —   15 

Total revenue

  186   1,957   294   2,437 
                 

Significant Segment Expenses

                

Labor and labor-related (1)

  —   261   19   280 

Property and office expense

  —   —   21   21 

Cash digital asset transaction fees

  16   —   —   16 

Non-cash digital asset transaction fees

  8   —   —   8 

Stock-based expense

  169   —   —   169 

Circuit and network cost of revenue

  —   1,123   —   1,123 

Advisory fees

  40   —   —   40 

Unrealized loss on digital asset revaluation

  3,519   —   —   3,519 

Bad debt recovery

  —   —   (18)  (18)

Other segment items (2)

  —   —   4   4 

Segment profit (loss)

 $(3,566) $573  $268  $(2,725)

Segment margin

  (1917)%  29%  91%   
                 

Unallocated expenses (income)

                

Corporate expenses (3)

             $3,756 

Interest income

              (128)

Loss before income tax expense

             $(6,353)
                 
  

Year Ended December 31, 2024

 
  

Managed Services

  

Collaboration Products

  

Total

 
             

Revenue

            

Network services

 $1,990  $—  $1,990 

Video collaboration

  56   316   372 

Professional and other services

  16   —   16 

Total revenue

  2,062   316   2,378 
             

Significant Segment Expenses

            

Labor and labor-related (1)

  132   550   682 

Severance

  —   46   46 

Circuit and network cost of revenue

  1,202   —   1,202 

Inventory and inventory-related

  —   273   273 

Other non-inventory cost of revenue

  4   19   23 

Research and development

  —   145   145 

Bad debt expense

  —   2   2 

Segment profit (loss)

 $724  $(719) $5 

Segment margin

  35%  (228)%   
             

Unallocated expenses (income) (3)

            

Corporate expenses

         $4,067 

Stock compensation

          62 

Severance

          60 

Interest income

          (151)

Loss before income tax expense

         $(4,033)
             
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
  

Year Ended December 31,

 
  

2025

  

2024

 

Domestic

 $1,142  $913 

Foreign

  1,295   1,465 
  $2,437  $2,378 
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
   

Year Ended December 31, 2025

 
   

2025

  

2024

 
 

Segment

 

% of Revenue

  

% of Revenue

 

Customer A

Managed Services

  79.0%  84.9%
   

As of December 31,

 
   

2025

  

2024

 
 

Segment

 

% of Accounts Receivable

  

% of Accounts Receivable

 

Customer A

Managed Services

  97.3%  82.6%