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Related Parties
 3 Months Ended
Mar. 31, 2026
Related Parties [Abstract]  
RELATED PARTIES

NOTE 16 – RELATED PARTIES

 

The Company enters into transactions with related parties, including its officers, directors, and entities affiliated with such individuals.

 

Accounts Payable

 

As of March 31, 2026 and December 31, 2025, accounts payable to related parties were $0.02 million and $0.02 million respectively. These primarily relate to amounts due to certain officers and directors for deferred compensation and reimbursable expenses.

 

Zippy Transactions

 

Zippy is a greater than 10% stockholder of the Company and as such it is a related party. During the three months ended March 31, 2026 and 2025, the Company, through ETHZilla Modular Mortgage, purchased $9.8 million and $0, respectively, of Manufactured Home Loans from Zippy, paid $15.0 thousand and $0, respectively of servicing fees to Zippy, and received $149.2 thousand and $0, respectively of remittance from Zippy. The Company had $59.9 thousand and $0 of outstanding accounts receivable owed to Zippy as of March 31, 2026 and December 31, 2025, respectively. Additional information regarding the Manufactured Home Loan purchases is described in Note 2 – Summary of Significant Accounting Policies - Zippy Manufactured Home Loans.