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Accounts Receivable, net | 9 Months Ended
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Sep. 30, 2025
Receivables [Abstract] |
Accounts Receivable, net | 3. Accounts Receivable, net Accounts receivables consist of the following at: Schedule of Accounts Receivable
(Dollars in thousands) |  | September 30, 2025 |  |  | December 31, 2024 |
Data hosting |  | $ | 3,888 |  |  | $ | 1,385 |
Demand response service receivable |  |  | 516 |  |  |  | 1,159 |
Proprietary mining Coinbase receivable |  |  | - |  |  |  | 37 |
Other |  |  | 248 |  |  |  | 356 |
Accounts receivables, gross |  |  | 4,652 |  |  |  | 2,937 |
Less: Allowance for expected credit losses |  |  | (244 | ) |  |  | (244 | )
Accounts receivables, net |  | $ | 4,408 |  |  | $ | 2,693 |
The Company’s allowance for expected credit loss was $244 thousand at September 30, 2025 and December 31, 2024, respectively. For the year ended December 31, 2024, one of the Company’s borrowers for a note receivable was having financial difficulty securing additional financing to pay the note. As such, the Company fully reserved the note balance and incurred a provision on credit loss of approximately $244 thousand. In addition, the Company had a credit provision for approximately $516 thousand due to a pricing dispute with a Bitcoin hosting customer, in which the agreement with the customer was terminated in December 2024. As of December 31, 2024, the Company wrote off the entire allowance with the Bitcoin hosting customer of $516 thousand. Rollforward of Allowance of Expected Credit Losses: Schedule of Allowance of Expected Credit Losses
(Dollars in thousands) |  | January 1, 2025- September 30, 2025 |  |  | January 1, 2024 – December 31, 2024 |
Allowance for expected credit losses, beginning of period |  | $ | 244 |  |  | $ | - |
Current period credit provision |  |  | - |  |  |  | 760 |
Write offs charged against the allowance |  |  | - |  |  |  | (516 | )
Recoveries collected |  |  | - |  |  |  | - |
Allowance of expected credit losses, end of period |  | $ | 244 |  |  | $ | 244 |

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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- References No definition available. + Details
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