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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 10,176 $ 8,819
Restricted cash 135 133
Short-term notes receivable   6,100
Short-term deposits 270  
Trade accounts receivable, net of allowance for credit losses of $90 and $199 respectively 2,558 4,378
Receivable for Bitcoin collateral 35,928  
Inventory 485 358
Prepaid expenses and other current assets 3,954 2,900
Total current assets 53,506 22,688
Assets for lease, net 1,339 1,423
Property and equipment, net 325 487
Long-term investments 512 512
Long-term notes receivable 1,150  
Intangible digital assets 539,844 214,633
Other non-current assets 1 85
Total assets 596,677 239,828
Current liabilities:    
Accounts payable 200 140
Accrued expenses 6,365 5,173
Deferred revenue 411 774
Short-term debt 20,000  
Other short-term liabilities 240 226
Total current liabilities 27,216 6,313
Long-term liabilities:    
Deferred tax liability 13,294 2,765
Long-term notes payable, net 96,418  
Total long-term liabilities 109,712 2,765
Commitments and contingencies (Note 18)
Stockholders' equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 15,356,617 and 9,770,908 shares issued, and 15,142,195 and 9,556,486 shares outstanding (treasury shares of 214,422 and 214,422), respectively 15 9
Additional paid-in capital 339,900 130,039
Retained earnings 119,834 100,702
Total stockholders' equity 459,749 230,750
Total liabilities and stockholders' equity $ 596,677 $ 239,828