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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income $ 1,555 $ 12,207
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,869 3,219
Unrealized loss of crypto assets held 107 0
Impairment of crypto assets held 0 419
Realized loss on crypto assets, net 13 39
Bitcoin payments for expenses 599 6,784
Bitcoin received from independent Bitcoin ATM operators [affiliates program] (1,156) 0
Loss on disposal of property and equipment 63 0
Non-cash loss on extinguishment of debt 4,602 0
Write-off of unamortized imputed interest 681 0
Deferred income tax (219) 581
Changes in operating assets and liabilities:    
Crypto assets held (3,039) (7,784)
Accounts receivable (1,775) (485)
Prepaid expenses and other assets 521 (1,368)
Liability for cash held for customers 2,724 779
Accounts payable and other liabilities (3,865) 4,024
Net cash provided by operating activities 7,680 18,415
Investing activities    
Purchases of property and equipment (1,130) (9,346)
Capitalized software (6) (23)
Net cash used in investing activities (1,136) (9,369)
Financing activities    
Proceeds from debt 353 167
Repayment of debt (435) (4,604)
Payments in reduction of financing leases 0 (1,115)
Payments in reduction of equipment notes payable (6,650) 0
Proceeds from issuance of stock 0 57
Net cash used in financing activities (6,732) (5,495)
Effect of exchange rate changed on cash and cash equivalents (36) (17)
Net increase (decrease) in cash and cash equivalents (224) 3,534
Cash, cash equivalents and restricted cash, beginning of period 17,628 18,360
Total cash, cash equivalents and restricted cash 17,404 21,894
Cash, cash equivalents, and restricted cash consisted of the following:    
Cash and cash equivalents 14,558 20,860
Restricted cash held for customers 2,846 1,034
Supplemental disclosure of cash flow information:    
Cash paid for interest 706 217
Cash paid for taxes 705 5,958
Leased assets obtained in exchange for operating lease liabilities 3,874 7,454
Supplemental schedule of non-cash investing and financing activities:    
Property and equipment purchased in accounts payable 35 3,621
Software development purchased in accounts payable 0 5,314
Short-term debt replacing equipment financing 9,000 0
Bitcoin used to buy property and equipment 2,430 181
Bitcoin assets used for interest 0 1,037
Bitcoin and Tether used for other payments $ 83 $ 0