v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 13,395 $ 6,562
ETH digital assets 119,384
Equity securities, at fair value (cost basis of $0 and $8,679) 5,763
Other equity securities and other holdings 14,670 54,310
Property, plant and equipment, net 2,208 2,404
Assets of discontinued operations 13,883 39,824
Other assets 304 606
Total assets 163,844 109,469
LIABILITIES    
Accounts payable and accrued expenses 5,338 842
Short-term debt, net of issuance costs 1,923 2,068
Deferred income taxes, net 365 2,412
Liabilities of discontinued operations 9,427 29,722
Other liabilities 3,300 228
Total liabilities 20,353 35,272
Commitments and contingencies (Note 16)
STOCKHOLDERS’ EQUITY    
Series A Preferred Shares, $25.00 par and liquidation value, 10,000,000,000 shares authorized and 888,884  shares issued and outstanding as of December 31, 2025 and 1,000,000 shares authorized and 894,580 shares issued and outstanding as of December 31, 2024 22,223 22,365
Common stock, $0.001 par value; 180,000,000,000 shares authorized, 8,698,994 issued, and 7,080,747 outstanding as of December 31, 2025, and 800,000 shares authorized and 253,581 shares issued and outstanding as of December 31, 2024 70 29
Treasury stock (1,618,248 shares at cost) (26,133)
Additional paid-in capital 216,682 50,924
Accumulated deficit (68,743) (229)
Accumulated other comprehensive (loss) income (608) 1,108
Total stockholders’ equity 143,491 74,197
Total liabilities and stockholders’ equity $ 163,844 $ 109,469