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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents, net $ 14,558 $ 17,506
Restricted cash held for customers 2,846 122
Crypto assets held, net 2,208 1,241
Accounts receivable, net 3,114 1,339
Prepaid expenses and other current assets 2,151 2,702
Total current assets 24,877 22,910
Property and equipment, net 14,349 16,245
Software development, net 4,295 5,239
Right of use assets – operating leases 33,651 33,613
Other noncurrent assets 56 26
Total assets 77,228 78,033
Current liabilities:    
Accounts payable and accrued expenses 7,637 11,133
Accounts payable, related-party 457 818
Liability for cash held for customers 2,846 122
Operating lease liabilities, current portion 10,753 9,627
Equipment notes payable, current portion 3,084
Short-term debt 5,710 256
Convertible debt, related-party 3,000 0
Other current liabilities 340 376
Total current liabilities 30,743 25,416
Long-term liabilities:    
Operating lease liabilities, net of current portion 22,898 23,986
Equipment notes payable, net of current portion 0 3,344
Deferred tax liabilities, net 695 914
Convertible debt, related-party 0 3,000
Total long-term liabilities 23,593 31,244
Total liabilities 54,336 56,660
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $0.001 par value 5,000,000,000 shares authorized; No shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively. 0 0
Common stock, $0.001 par value 10,000,000,000 shares authorized; 4,095,009,545 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively. 4,095 4,095
Additional paid in capital 11,982 11,982
Accumulated income 7,092 5,537
Accumulated other comprehensive loss (277) (241)
Total stockholders’ equity 22,892 21,373
Total liabilities and stockholders’ equity $ 77,228 $ 78,033