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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 233 $ 585
Investment in crypto assets – Bitcoin 66 506
Accounts receivable, net 697 495
Prepaid expenses and other current assets 464 509
Total current assets 1,460 2,095
Property and equipment, net 47 56
Total assets 1,507 2,151
Current liabilities:    
Accounts payable and accrued expenses 3,941 3,496
Deferred revenues 679 389
Loans payable 661 754
SEPA put option liability 74 186
Total current liabilities 5,355 4,825
Loans payable, net of current portion 176 220
Warrant liabilities 55 71
Total liabilities 5,586 5,116
Commitments and contingencies (Note 13)
Stockholders’ deficit:    
Preferred Stock, par value $0.0001, 1,000,000 shares authorized at March 31, 2026 and December 31, 2025; no shares issued and outstanding at March 31, 2026 and December 31, 2025
Common Stock, par value $0.0001, 100,000,000 shares authorized, 52,979,711 shares issued and 52,791,966 shares outstanding at March 31, 2026, and 51,984,473 shares issued and 51,796,728 shares outstanding at December 31, 2025 5 5
Additional paid-in capital 103,268 101,929
Treasury stock, at cost, 187,745 shares at March 31, 2026 and December 31, 2025 (529) (529)
Accumulated deficit (106,823) (104,370)
Total stockholders’ deficit $ (4,079) $ (2,965)