Related Parties |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Parties [Abstract] | |
| RELATED PARTIES | NOTE 15 – RELATED PARTIES
The Company enters into transactions with related parties, including its officers, directors, and entities affiliated with such individuals.
Accounts Payable
As of June 30, 2026 and December 31, 2025, accounts payable to related parties were $0 and $0.02 million, respectively. These primarily relate to amounts due to certain officers and directors for deferred compensation and reimbursable expenses. Zippy Transactions
Zippy is a greater than 10% stockholder of the Company and as such it is a related party. During the six months ended June 30, 2026 and 2025, the Company, through ETHZilla Modular Mortgage, purchased $14.7 million and $0, respectively, of Manufactured Home Loans from Zippy, paid $41.4 thousand and $0, respectively of servicing fees to Zippy, and received $149.2 thousand and $0, respectively of remittance from Zippy related to the Manufactured Home Loans. Additional information regarding the Manufactured Home Loan purchases is described in Note 2 – Summary of Significant Accounting Policies - Zippy Manufactured Home Loans. The Company also paid $3.2 million to Zippy under the Final Make Whole Provision, as discussed in Note 7 – Accrued Expenses. |