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Stock Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Restricted Stock Based Compensation | During the year ended December 31, 2025, the Company awarded the following under the 2021 Plan:
Award Type |  | Number of Awards |  | Fair Value/Closing Market Price at Grant
Restricted Stock Awards – Common Stock |  | 2,140,683 |  | $ | 0.64 |
Restricted Stock Units – Common Stock |  | 32,000 |  | $ | 0.63 |
Restricted Stock Awards – Common Stock |  | 12,155,286 |  | $ | 1.63 |
|  | 14,327,969 |  |
During the year ended December 31, 2025, the Company awarded the following under the 2023 Plan:
Award Type |  | Number of Awards |  | Fair Value/Closing Market Price at Grant
Restricted Stock Awards – Common Stock |  | 2,751,078 |  | $ | 0.47 |
Restricted Stock Awards – Common Stock |  | 135,000 |  | $ | 4.29 |
Restricted Stock Awards – Common Stock |  | 7,102,312 |  | $ | 1.63 |
Restricted Stock Units – Common Stock |  | 391,500 |  | $ | 1.97 |
Total awards granted |  | 10,379,890 |  |
During the year ended December 31, 2024, the Company awarded the following under its 2023 Plan.
Award Type |  | Number of Awards |  | Fair Value/Closing Market Price at Grant
Restricted Stock Awards – Common Stock |  | 610,234 |  | $ | 1.52 |
Restricted Stock Awards – Common Stock |  | 57,255 |  | $ | 2.41 |
Restricted Stock Awards – Common Stock |  | 645,795 |  | $ | 3.96 |
Restricted Stock Awards – Common Stock |  | 1,065,101 |  | $ | 3.42 |
Total awards granted |  | 2,378,385 |  |
During the year ended December 31, 2024, the Company awarded the following under its 2021 Plan.
Award Type |  | Number of Awards |  | Fair Value/Closing Market Price at Grant
Restricted Stock Awards – Common Stock |  | 391,544 |  | $ | 1.52 |
Restricted Stock Awards – Common Stock |  | 90,734 |  | $ | 2.41 |
Restricted Stock Awards – Common Stock |  | 542,896 |  | $ | 3.96 |
Restricted Stock Units – Common Stock |  | 294,000 |  | $ | 3.42 |
Restricted Stock Awards – Preferred A Stock |  | 1,892,300 |  | $ | 2.50 |
|  | 3,211,474 |  |
Schedule of Share Based Compensation Expense | Total share-based compensation expense, related to the Company’s share-based awards, recognized for the years ended December 31, was included within the representative group comprised as follows:
| 2025 |  | 2024
(Dollars in thousands) |  |  |
Cost of cryptocurrency mining revenue, exclusive of depreciation | $ | 45 |  |  | $ | 48 |
Cost of data hosting revenue, exclusive of depreciation | 120 |  |  | 112 |
General and administrative expenses, exclusive of depreciation and amortization | 10,401 |  |  | 5,151 |
Share-based compensation expense | $ | 10,566 |  |  | $ | 5,311 |
Schedule of Stock Option Activity | Presented below is a summary of the Company’s stock option activity for the Plans for the years ended December 31:
| 2025 |  | 2024
Shares under option, beginning | 3,245 |  | 52,393
Granted | - |  | -
Exercised | - |  | -
Forfeited | - |  | -
Expired/canceled | (600) |  | (49,148)
Shares under option, ending | 2,645 |  | 3,245
Options exercisable | 2,645 |  | 3,245
The weighted average exercise price for the Company’s stock option activity for the Plans is as follows for each of the years ended December 31:
| 2025 |  | 2024
Shares under option, beginning | $ | 23.04 |  |  | $ | 102.86 |
Granted | $ | - |  |  | $ | - |
Exercised | $ | - |  |  | $ | - |
Forfeited | $ | - |  |  | $ | - |
Expired/canceled | $ | 30.00 |  |  | $ | 108.13 |
Shares under option, ending | $ | 21.46 |  |  | $ | 23.04 |
Options exercisable, ending | $ | 21.46 |  |  | $ | 23.04 |
Schedule of Option Outstanding and Exercisable | The following table summarizes information for options outstanding and exercisable for the Plans as of December 31, 2025:
Outstanding |  | Exercisable
|  |  |  | Weighted Average Remaining |  | Weighted Average |  |  |  | Weighted Average Remaining |  | Weighted Average
Exercise Price Range |  | Number |  | Contractual Life |  | Exercise Price |  | Number |  | Contractual Life |  | Exercise Price
$17.50-$22.50 |  | 2,645 |  | 3.15 |  | $ | 21.46 |  |  | 2,645 |  | 3.15 |  | $ | 21.46 |
Schedule of Non Vested Restricted Stock | Non-vested restricted stock activity is as follows for the year ended December 31:
| 2025 |  | 2024
Non-vested restricted stock balance, beginning January 1 | 5,240,253 |  | 11,503
Non-vested restricted stock granted | 24,707,859 |  | 5,589,859
Vested restricted stock | — |  | —
Non-vested restricted stock exercised | (678,809) |  | (361,069)
Non-vested restricted stock forfeited/expired | (297,641) |  | (40)
Non-vested restricted stock balance, ending December 31 | 28,971,662 |  | 5,240,253
Schedule of Weighted Average Fair Value Price for Restricted Stock | The weighted average fair value price for the Company’s restricted stock activity for the Plans is as follows for each of the years ended December 31:
| 2025 |  | 2024
Restricted stock, beginning | $ | 3.06 |  |  | $ | 222.39 |
Granted | $ | 1.43 |  |  | $ | 2.86 |
Exercised | $ | 4.20 |  |  | $ | 6.90 |
Forfeited/ expired | $ | 2.21 |  |  | $ | 28.00 |
Restricted stock, ending | $ | 1.66 |  |  | $ | 3.06 |
Schedule of Common Stock Warrant Activity | The following is a summary of common stock warrant activity during the year ended December 31, 2025.
| Number of Warrant Shares |  | Weighted Average Exercise Price ($)
Balance, December 31, 2024 | 2,793,798 |  | $ | 4.55 |
Granted | 54,065,029 |  | 0.82 |
Exercised | (25,656,522) |  | 0.44 |
Forfeited/ Expired / Redeemed | (603,265) |  | 5.01 |
Balance, December 31, 2025 | 30,599,040 |  | $ | 1.41 |
The following is a summary of common stock warrant activity during the year ended December 31, 2024.
| Number of Warrant Shares |  | Weighted Average Exercise Price ($)
Balance, December 31, 2023 | 1,148,269 |  | $ | 24.21 |
Granted | 3,402,972 |  | 2.47 |
Exercised | (1,721,443) |  | 1.36 |
Forfeited/ Expired | (36,000) |  | 287.5 |
Balance, December 31, 2024 | 2,793,798 |  | $ | 4.55 |

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