Accounts Receivable, net

3 Months Ended

Mar. 31, 2026

Receivables [Abstract]

Accounts Receivable, net

3. Accounts Receivable, net

Accounts receivables consist of the following at:

(Dollars in thousands)	March 31, 2026		December 31, 2025
Data hosting	$	4,393	$	4,750
Demand response service receivable	776		745
Proprietary mining Coinbase receivable	22		27
Other	265		244
	5,456		5,766
Less: Allowance for expected credit losses	—		(244)
	$	5,456	$	5,522

The Company’s allowance for expected credit loss was $0 at March 31, 2026 and $244 thousand at December 31, 2025, respectively. The Company wrote off approximately $244 thousand against the Company's allowance during the three months ended March 31, 2026 after determining the receivable was uncollectible.

Rollforward of Allowance of Expected Credit Losses:

(Dollars in thousands)	January 1, 2025- March 31, 2026		January 1, 2025 – December 31, 2025
Allowance for expected credit losses, beginning of period	$	244	$	244
Current period credit provision	-		-
Write offs charged against the allowance	(244)		-
Recoveries collected	-		-
Allowance of expected credit losses, end of period	$	-	$	244