XML 16 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net income (loss) $ 1,697,000 $ (672,000)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Bad debt recovery 0 (18,000)  
Stock-based expense 84,000 0  
Non-cash revenue from digital assets (86,000) 0  
Unrealized gain on digital assets (2,198,000) 0  
Realized gain on sale of digital assets (52,000) 0  
Changes in operating assets and liabilities:      
Accounts receivable 3,000 91,000  
Prepaid expenses and other current assets (160,000) (203,000)  
Other assets 1,000 1,000  
Accounts payable 160,000 (35,000)  
Accrued expenses and other current liabilities (92,000) 151,000  
Deferred revenue (7,000) 5,000  
Net cash used in operating activities (650,000) (680,000)  
Cash flows from investing activities:      
Proceeds from the sale of TAO tokens 522,000 0  
Net cash provided by investing activities 522,000 0  
Cash flows from financing activities:      
Net cash provided by financing activities 0 31,000  
Decrease in cash (128,000) (649,000)  
Cash and cash equivalents at beginning of period 2,258,000 4,965,000 $ 4,965,000
Cash and cash equivalents at end of period 2,130,000 4,316,000 2,258,000
Reconciliation of cash and cash equivalents      
Cash 1,630,000 3,816,000  
Current certificates of deposit 500,000 500,000 500,000
Total cash and cash equivalents 2,130,000 4,316,000 $ 2,258,000
Non-cash investing and financing activities:      
Series F Preferred Stock dividends 4,000 12,000  
Common Stock Warrants [Member]      
Cash flows from financing activities:      
Proceeds from exercise of common stock warrants, net of costs $ 0 $ 31,000