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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 40,899 $ 20,583
Reconciliation of Net Income to Net Cash Provided by Operating Activities:    
Depreciation 579 599
Deferred tax expense (income) 5,727 (664)
Loss on disposal of assets for lease 298 369
Write off of prepaid software licenses   2,476
Gain on short-term investments   (151)
Allowance for credit losses (88) 268
Change in fair value of notes held for investment (128) 307
Change in fair value of digital assets (24,933)  
Stock-based compensation 862 944
Impairment of long-term investments   337
Changes in Operating Assets and Liabilities:    
Trade accounts receivable 1,844 (2,508)
Inventory 88 24
Prepaid expenses and other current assets (865) (603)
Other non-current assets 85 96
Accounts payable (262) (433)
Accrued expenses 671 (246)
Other current and non-current liabilities (367) (68)
Net Cash Provided by Operating Activities 24,410 21,330
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property and equipment (51) (345)
Purchase of notes held for investment (500) (1,000)
Purchase of digital assets (189,700)  
Proceeds from maturities of short-term investments   78,093
Purchase of short-term investments   (57,869)
Proceeds from sale (purchase) of assets for lease 269 (483)
Net Cash (Used in) Provided by Investing Activities (189,982) 18,396
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 119,602  
Taxes paid related to net settlement of equity awards (874) (3,510)
Common stock warrants acquired   (1,949)
Stock issuance expenses (3,000)  
Proceeds from exercise of stock options 1,464 51
Net Cash Provided by (Used in) Financing Activities 117,192 (5,408)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (48,380) 34,318
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 57,332 23,014
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 8,952 57,332
Supplemental Disclosure of Cash Flow Information:    
Cash paid for taxes $ 2,260 $ 4,060