XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues $ 57,414 $ 69,406 $ 192,852 $ 221,737
Cost of revenues 50,205 61,322 169,730 190,108
Gross profit 7,209 8,084 23,122 31,629
Operating expenses:        
Technology and development 431 376 1,281 904
General and administrative 3,234 2,689 9,698 7,356
Sales and marketing 423 542 1,426 1,424
Other operating expense 254 349 1,070 767
Total operating expenses 4,342 3,956 13,475 10,451
Income from operations 2,867 4,128 9,647 21,178
Interest expense 170 201 702 1,698
Fees on virtual vault services 403 451 1,240 1,557
Loss on extinguishment of debt 4,602 0 4,602 0
Other (income) expense 746 (3) 744 107
Income (loss) before income taxes (3,054) 3,479 2,359 17,816
Income tax expense (benefit) (603) 1,224 804 5,609
Net income (loss) $ (2,451) $ 2,255 $ 1,555 $ 12,207
Basic earnings (loss) per share $ (0.00060) $ 0.00057 $ 0.00038 $ 0.00307
Diluted earnings (loss) per share $ (0.00060) $ 0.00052 $ 0.00040 $ 0.00278
Weighted average shares outstanding - Basic 4,095,009,545 3,975,611,408 4,095,009,545 3,975,611,408
Weighted average shares outstanding - Diluted 4,095,009,545 4,456,401,260 4,345,009,545 4,462,165,814
Comprehensive income        
Net income (loss) $ (2,451) $ 2,255 $ 1,555 $ 12,207
Foreign currency translation adjustment, net of tax (39) 2 (36) (17)
Comprehensive income (loss) $ (2,490) $ 2,257 $ 1,519 $ 12,190