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Certain Balance Sheet Items (Tables)
6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Schedule of Other Current Assets
The following table summarizes other current assets (in thousands):
June 30,
2026
December 31,
2025
Prepaid mining and hosting services$1,005 $259 
Bitcoin mining deposits312 870 
Prepaid insurance172 364 
Prepaid services119 137 
Other123 77 
Other current assets$1,731 $1,707 
Schedule of Property and Equipment
The following table summarizes property and equipment, net (in thousands):
June 30,
2026
December 31,
2025
Mining equipment$7,424 $24,019 
Infrastructure6,402 1,516 
Land160 — 
Total13,986 25,535 
Accumulated depreciation(3,280)(10,927)
Property and equipment, net$10,706 $14,608 
Schedule of Other Assets, Noncurrent
The following table summarizes other non-current assets (in thousands):
June 30,
2026
December 31,
2025
Utility deposits$1,900 $225 
Other investments654 — 
Other non-current assets$2,554 $225 
Other Current Liabilities
The following table summarizes other current liabilities (in thousands):
June 30, 2026December 31,
2025
Customer deposits$1,042 $— 
Operating lease liabilities136 — 
Deferred revenue27 — 
Other current liabilities$1,205 $—