v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and cash equivalents $ 4,102 $ 8,018
Restricted cash equivalents 1,016
Accounts receivable 1,024
Loans receivable, current 2,940
Prepaid expenses and other current assets 5,785 4,514
Current assets of discontinued operations 340 22
Total Current Assets 14,191 13,570
Marketable securities 43,966 4,411
Non-marketable securities 45,718 45,718
Digital assets 21,644 61,587
Loans receivable, net of current portion 14,266  
Staking receivables 181,011
Property and equipment, net 17,608
Right of use assets - operating 1,638
Total Assets 159,031 306,297
Accounts payable 570 1,539
Accrued expenses 4,354 6,377
Right of use liabilities - operating  
Loans payable - current portion   251
Collateralized loan - current portion 31,513
Current liabilities of discontinued operations 355 1,232
Total Current Liabilities 5,279 40,929
Collateralized loan - non current 25,950 25,950
Total Liabilities 31,229 66,879
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Preferred stock, value
Common stock, $0.0001 par value; 5,000,000,000 shares authorized; 13,210,122 and 19,012,231 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 1 2
Treasury stock 3,170 and 0 shares at June 30, 2026 and December 31, 2025, respectively (17)  
Additional paid-in capital 812,123 834,453
Accumulated other comprehensive income (3,179) (2,993)
Accumulated deficit (681,126) (592,044)
Total Stockholders’ Equity 127,802 239,418
Total Liabilities and Stockholders’ Equity 159,031 306,297
Related Party    
Accounts payable – related parties   17
Class B Convertible Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value
Class C Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value
Class K Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value