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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2026
Revenue Recognition [Abstract] |
Schedule of Revenue | Revenue consisted of the following (in thousands):
|  | Three Months Ended March 31, 2026 |
Native staking revenue |  | $ | 1,469 |
Liquid staking revenue1 |  |  | 302 |
Aircraft engine rental |  |  | 1,088 |
Total revenue |  | $ | 2,859 |
| (1) | Liquid staking revenue includes $0.3 million of staking rewards earned through participation in liquid staking protocols.
Schedule of Revenue from the Following Major Customers | The Company generated revenue from the following major customers, each of which represented 10% or greater of total revenue. All such revenue was generated within the Company’s single reportable segment (in thousands):
|  | Three Months Ended March 31, 2026 |
Coinbase – staking income |  | $ | 1,469 |
Ether.fi – liquid staking |  |  | 339 |
Puffer – liquid staking |  |  | (37 | )
Delta Air Lines, Inc |  |  | 1,088 |
Total revenue |  | $ | 2,859 |

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- Definition Tabular disclosure of extent of reliance on customer if it is not provided as part of reportable segment information. Includes, but is not limited to, revenue from transaction with single customer that is 10 percent or more than consolidated revenue and segment reporting revenue from such customer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 + Details
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