XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Total net revenues $ 1,717 $ 3,067
Operating Expenses        
Salaries and benefits 2,165 161 4,334 364
Marketing and advertising 787 1,317
Professional fees 1,224 88 2,390 133
General and administrative expenses 207 87 917 189
Depreciation and amortization 836 14 1,656 28
Other operating expenses 430 1,082
Total operating expenses 5,649 350 11,696 714
Income (loss) from operations (3,932) (350) (8,629) (714)
Other income (expense), net        
Interest income 1
Interest expense (388) (308) (2,277) (556)
Gain on extinguishment of debt 75 75
Change in equity method investment 204 129
Other 39 (4)
Total other income (expense), net (70) (308) (2,076) (556)
Loss before income taxes (4,002) (658) (10,705) (1,270)
Provision for income taxes
Net loss from continuing operations (4,002) (658) (10,705) (1,270)
Net loss from discontinued operations (138) (830) (362) (1,511)
Net loss (4,140) (1,488) (11,067) (2,781)
Net loss attributable to non-controlling interests (related to discontinued operations) 65 170
Net loss attributable to common stockholders (4,075) (1,488) (10,897) (2,781)
Preferred stock dividends (37) (37) (75) (75)
Deemed dividend - Preferred stock Series G and warrant price protection (2,178) (6,766)
Net loss available to common stockholders (6,290) (1,525) (17,738) (2,856)
Comprehensive loss        
Net loss (4,140) (1,488) (11,067) (2,781)
Unrealized foreign currency translation gain 37 54
Total comprehensive loss (4,103) (1,488) (11,013) (2,781)
Comprehensive loss attributable to non-controlling interests (related to discontinued operations) 65 170
Comprehensive loss attributable to common stockholders $ (4,038) $ (1,488) $ (10,843) $ (2,781)
Basic net loss from continuing operations per common share $ (0.41) $ (3.77) $ (1.83) $ (7.36)
Diluted net loss from continuing operations per common share (0.41) (3.77) (1.83) (7.36)
Basic net loss from discontinued operations per common share (0.01) (4.76) (0.06) (8.76)
Diluted net loss from discontinued operations per common share (0.01) (4.76) (0.06) (8.76)
Basic net loss per common share available to common stockholders (0.64) (8.74) (3.03) (16.55)
Diluted net loss per common share available to common stockholders $ (0.64) $ (8.74) $ (3.03) $ (16.55)
Basic weighted average common shares outstanding 9,802,147 174,450 5,855,397 172,558
Diluted weighted average common shares outstanding 9,802,147 174,450 5,855,397 172,558
Gain On Sale Of Loan [Member]        
Revenues        
Total net revenues $ 1,113 $ 1,927
Title Fees [Member]        
Revenues        
Total net revenues 405 781
Loan Origination Fees [Member]        
Revenues        
Total net revenues 186 336
Interest Incomes [Member]        
Revenues        
Total net revenues 71 142
Interest Expenses [Member]        
Revenues        
Total net revenues (64) (129)
Service, Other [Member]        
Revenues        
Total net revenues $ 6 $ 10