v3.26.1
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Condensed statements of comprehensive (loss) income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY      
Revenues $ 23,000 $ 32,922 $ 43,101
Operating costs and expenses:      
Cost of revenue (33,789) (29,937) (40,055)
Sales and marketing expenses (47) (54) (153)
General and administrative expenses (18,251) (13,709) (18,465)
Total operating costs and expenses (52,087) (43,769) (59,547)
Net gain on disposal of cryptocurrency assets     7,074
Changes in fair value of cryptocurrency assets (4,356) 3,203  
Operating loss (34,700) (8,006) (25,193)
Interest income 146 56 242
(Loss) income before income tax (34,480) (7,008) (25,384)
Net Income (Loss) (33,877) 12,073 (28,710)
Comprehensive (loss) income (33,731) 11,957 (29,026)
Parent Company      
Operating costs and expenses:      
Cost of revenue   (31) (42)
Sales and marketing expenses     (6)
General and administrative expenses (2,137) (1,681) (3,134)
Total operating costs and expenses (2,137) (1,712) (3,182)
Net gain on disposal of cryptocurrency assets     539
Changes in fair value of cryptocurrency assets 23 100  
Operating loss (2,114) (1,612) (2,643)
Interest income     231
Other operating expense     (10,000)
Equity in (loss) income of subsidiaries (31,763) 13,685 (16,298)
(Loss) income before income tax (33,877) 12,073 (28,710)
Net Income (Loss) (33,877) 12,073 (28,710)
Foreign currency translation (loss) income 146 (116) (316)
Comprehensive (loss) income $ (33,731) $ 11,957 $ (29,026)