CRYPTO ASSETS HELD, NET

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

CRYPTO ASSETS HELD, NET

NOTE 4. CRYPTO ASSETS HELD, NET

The Company held the following crypto assets as of September 30, 2025, and December 31, 2024:

	September 30, 2025						December 31, 2024
	Qty (1)		Average Rate		Amount (in thousands)		Qty (1)		Average Rate		Amount (in thousands)
Bitcoin		19	$	114,056	$	2,206		11	$	93,000	$	1,051
Tether (USDt)		1,764		1		2		190,000		1		190
					$	2,208					$	1,241

⁽¹⁾ Rounded off to the nearest whole number

The table below shows the roll-forward of quantity and costs of various crypto assets traded by the Company for the three months and nine months ended September 30, 2025 and September 30, 2024.

	Bitcoin						Tether (USDt)
Three months ended September 30, 2025	Qty(1)			Cost (in thousands)			Qty(1)			Cost (in thousands)
July 1, 2025		13		$	1,423			10,674		$	11
Purchases		358			41,359			3,032,992			3,033
Cost of sales		(346	)		(40,008	)		(3,041,902	)		(3,042	)
Unrealized loss on crypto assets		–			(14	)		–			–
Crypto assets received independent Bitcoin ATM operators [affiliates program]		4			455			–			–
Crypto assets used for expenses		(3	)		(302	)		–			–
Crypto assets used for capital expenditure		(7	)		(707	)		–			–
September 30, 2025		19		$	2,206			1,764		$	2

Three months ended September 30, 2024
July 1, 2024	8		$	470		342,290	$	342
Purchases	897			54,658		17,208		17
Cost of sales	(879	)		(51,695	)	–		–
Impairment on crypto assets	–			(292	)	–		–
Crypto assets used for expenses	(11	)		(2,538	)	–		–
Crypto assets used for other payments	(8	)		(181	)	–		–
September 30, 2024	7		$	422		359,498	$	359

⁽¹⁾ Rounded off to the nearest whole number

	Bitcoin						Tether (USDt)
Nine months ended September 30, 2025	Qty(1)			Cost (in thousands)			Qty(1)			Cost (in thousands)
January 1, 2025		11		$	1,051			190,000		$	190
Purchases		1,423			142,555			3,176,558			3,177
Cost of sales		(1,394	)		(139,337	)		(3,364,794	)		(3,365	)
Unrealized loss on crypto assets		–			(107	)		–			–
Crypto assets received for independent Bitcoin ATM operators [affiliates program]		11			1,156			–			–
Crypto assets used for expenses		(6	)		(599	)		–			–
Crypto assets used for capital expenditure		(25	)		(2,430	)		–			–
Crypto assets used for other payments		(1	)		(83	)		–			–
September 30, 2025		19		$	2,206			1,764		$	2

⁽¹⁾ Rounded off to the nearest whole number

	Bitcoin						Tether (USDt)
Nine months ended September 30, 2024	Qty(1)			Cost (in thousands)			Qty(1)			Cost (in thousands)
January 1, 2024		9		$	399			22,190		$	22
Purchases		2,936			172,780			887,442			887
Cost of sales		(2,838	)		(165,373	)		(550,134	)		(550	)
Impairment on crypto assets		–			(419	)		–			–
Crypto assets used for expenses		(92	)		(6,784	)		–			–
Crypto assets used for capital expenditure		(8	)		(181	)		–			–
September 30, 2024		7		$	422			359,498		$	359

⁽¹⁾ Rounded off to the nearest whole number