v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue:    
Total revenue $ 2,413 $ 779
Expenses:    
General and administrative expenses (14,506) (9,395)
Stock-based compensation (7,760) (1,618)
Realized loss on digital assets (5,815)
Unrealized measurement of fair value of ETH digital assets (38,327)
Impairment and other (5) (1,475)
Loss from operations (64,000) (11,709)
Other income (expense):    
Interest expense, net (132) (303)
Loss on equity holdings (5,503) (14,675)
Foreign currency transaction gain (loss) 1,936 (2)
Bargain purchase on acquisition and other (expense) income, net (8) 2,320
Total other expense, net (3,707) (12,660)
Loss from continuing operations before income taxes (67,707) (24,369)
Income tax benefit 73 92
Net loss from continuing operations (67,634) (24,277)
Net income from discontinued operations (Note 7) 892 22,962
Net loss (66,742) (1,315)
Net loss attributable to non-controlling interest (160)
Discount on repurchase of Series A Preferred Shares 16
Dividends declared on Series A Preferred Shares (1,788) (1,410)
Net loss attributable to common shareholders $ (68,514) $ (2,565)
Basic and diluted net (loss) income per common share:    
Continuing operations - basic $ (26.02) $ (120.98)
Continuing operations - diluted (26.02) (120.98)
Discontinued operations - basic 0.33 108.82
Discontinued operations - diluted 0.33 108.82
Total - basic (25.69) (12.16)
Total - diluted $ (25.69) $ (12.16)
Weighted average common shares outstanding:    
Weighted average common shares outstanding - basic 2,667 211
Weighted average common shares outstanding - diluted 2,667 211
ETH Staking Rewards [Member]    
Revenue:    
Total revenue $ 1,475
Rental Income [Member]    
Revenue:    
Total revenue 415 704
Merchant Banking Advisory Fees [Member]    
Revenue:    
Total revenue $ 523 $ 75