v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt [Abstract]  
Schedule of Loans Payable

The following tables summarize the activity of loans payable (in thousands):

 

   Six Months Ended June 30, 2026 
   Principal
balance at
December 31,
2025
   Principal
additions
   Principal
repayments
in cash
   Repayments in cryptocurrency   Principal
balance at
June 30,
2026
 
                     
First Insurance – 20251  $251   $
-
   $(251)  $
-
   $
-
 
Equities First Loan   25,950    
-
    
-
    
-
    25,950 
Aave Loan   31,513    67,039    
-
    (98,552)   
-
 
Total loans payable and collateralized loans  $57,714   $67,039   $(251)  $(98,552)  $25,950 
Less: loans payable and collateralized loans – current portion   31,764                   - 
Loans and collateralized loans payable – noncurrent portion  $25,950                  $25,950 

 

(1) Represents insurance financing note payable funded in June 2025 which matured in April 2026 and bears interest at 8.99%.