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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Revenues $ 2,452 $ 3,018 $ 4,368 $ 5,835
Operating Costs and Expenses:        
Cost of Revenue (exclusive of depreciation and amortization shown below) 2,287 2,301 3,890 4,495
General and administrative 4,831 2,126 7,282 5,295
Depreciation and amortization 1,319 1,667 2,464 3,273
Impairment of property and equipment 7,039 0 7,039 0
Impairment of intangible assets 588 0 588 0
Loss on disposal of property and equipment 0 51 241 859
Change in fair value of Bitcoin 210 (500) 816 (272)
Costs and Expenses, Total 16,274 5,645 22,320 13,650
Loss from operations (13,822) (2,627) (17,952) (7,815)
Other income (expense):        
Investment gain 0 4,309 0 659
Other (expense) income, net (5) (13) 20 40
Net (loss) income before taxes (13,827) 1,669 (17,932) (7,116)
Provision for income taxes 2 2 3 2
Net (loss) income $ (13,829) $ 1,667 $ (17,935) $ (7,118)
Net income (loss) per share:        
Net income (loss) per share, basic and diluted (in USD per share) $ (2.68) $ 0.60 $ (4.14) $ (2.59)
Net income (loss) per share, diluted (in USD per share) $ (2.68) $ 0.60 $ (4.14) $ (2.59)
Weighted Average Number of Shares Outstanding, Diluted        
Basic and diluted (in shares) 5,166,486 2,774,780 4,328,230 2,748,060
Diluted (in shares) 5,166,486 2,777,080 4,328,230 2,748,060