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Investments (Tables) | 12 Months Ended
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Dec. 31, 2023
Investments [Abstract] |
Schedule of Investments | The following table sets forth the Company’s investments:
|  | December 31, 2023 |  | December 31, 2022
|  | Carrying Value |  | Cost |  | Carrying Value |  | Cost
Securrency, Inc.: |  |  |  |  |  |  |  |
Series A Shares |  | $ | — |  | $ | — |  | $ | 8,488 |  | $ | 8,112
Series B Shares |  |  | — |  |  | — |  |  | 5,500 |  |  | 5,500
Convertible note |  |  | — |  |  | — |  |  | 14,500 |  |  | 15,000
Subtotal—Securrency, Inc. |  |  | — |  |  | — |  |  | 28,488 |  |  | 28,612
Fnality International Limited: |  |  |  |  |  |  |  |  |  |  |  |
Convertible note |  |  | — |  |  | — |  |  | 6,921 |  |  | 6,863
Series B-1 Preference Shares |  |  | 9,684 |  |  | 8,091 |  |  | — |  |  | —
Subtotal—Fnality International Limited |  |  | 9,684 |  |  | 8,091 |  |  | 6,921 |  |  | 6,863
Other investments |  |  | — |  |  | 250 |  |  | 312 |  |  | 250
Total |  | $ | 9,684 |  | $ | 8,341 |  | $ | 35,721 |  | $ | 35,725
Schedule of Backsolve Valuation Approach | The table below presents the inputs used in the backsolve valuation approach (classified as Level 3 in the fair value hierarchy):
|  | Inputs
|  | June 9, 2021 |  | March 8, 2021
Expected volatility |  | 50% |  | 55%
Time to exit (in years) |  | 4.75 |  | 5.00
|  | December 31, 2023
Expected volatility |  | 60%
Time to exit (in years) |  | 5.00
Probability that Series B-2 Preference Shares convert into Series B-1 Preference Shares |  | 75%
Schedule of Presents the Probability Ascribed to Potential Outcomes Used in the Pwerm | The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy) and the time to exit:
|  | December 31, 2022
Conversion of note upon a future equity financing |  | 60%
Redemption of note upon a corporate transaction |  | 25%
Default |  | 15%
Time to potential outcome (in years) |  | 0.33
|  | December 31, 2022
Conversion of note upon a future financing round |  | 85%
Redemption of note upon a change of control |  | 10%
Default |  | 5%
Time to potential outcome (in years) |  | 0.25

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- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 + Details
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