v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net income (loss) $ (17,935) $ (7,118)
Adjustments to reconcile net loss to cash used in operating activities:    
Impairment of property and equipment 7,039 0
Depreciation and amortization 2,464 3,273
Share-based compensation 1,222 389
Change in fair value of Bitcoin 816 (272)
Impairment of Intangible Assets, Finite-Lived 588 0
Loss on disposal of property and equipment 241 859
Issuance of Stock and Warrants for Services or Claims 231 0
Operating Lease, Right-of-Use Asset, Periodic Reduction 15 0
Realized gain on sale of investment in equity securities 0 (3,137)
Unrealized loss on investment in equity securities 0 2,478
Change in fair value of warrant liabilities 0 (29)
Changes in operating assets and liabilities:    
Mining of Bitcoin (4,003) (5,835)
Increase (Decrease) in Accounts Receivable 54 0
Accounts payable and accrued liabilities 610 (1,252)
Accrued payroll and employee compensation 87 (1,010)
Other assets and liabilities, net (452) 1,726
Net cash used in operating activities (9,023) (9,928)
Investing activities:    
Proceeds from sale of Bitcoin 5,260 5,301
Cash Acquired from Acquisition 450 0
Proceeds from sale of investment in equity securities 0 4,775
Payments for purchase of property and equipment 0 (1,225)
Proceeds from sale of property and equipment 0 247
Net cash provided by investing activities 5,710 9,098
Financing Activities [Abstract]    
Proceeds from issuance of common shares, net 2,545 108
Payments of Stock Issuance Costs (93) 0
Net cash provided by financing activities 2,452 108
Net (decrease) increase in cash, cash equivalents and restricted cash (861) (722)
Cash and cash equivalents, beginning of period 3,707 5,425
Cash and cash equivalents, end of period 2,846 4,703
Supplemental disclosures of non-cash investing activities:    
Property and equipment exchanged for new mining equipment 1,165 0
Issuance of common shares for settlement of liabilities 232 0
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 124 0
Amount accrued for purchases of property and equipment 0 157
Other Significant Noncash Transaction, Value of Consideration Given $ 0 $ 69