XML 15 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 96 $ 137
Cost of revenue 476 361
Gross margin (380) (224)
Operating expenses    
General and administrative 1,483 1,362
Sales and marketing 378 290
Research and development 311 348
Total operating expenses 2,172 2,000
Loss from operations (2,552) (2,224)
Other (income) expense, net    
Interest expense 10 31
Change in fair value of warrants (16) 3
Change in fair value of convertible notes (163)
Change in fair value crypto assets – Bitcoin (102) 662
Realized loss (gain) on sale of crypto assets – Bitcoin 188 (531)
Change in fair value of SEPA derivative liabilities (179) (324)
Total other (income), net (99) (322)
Net loss $ (2,453) $ (1,902)
Earnings per share:    
Basic net loss per common share outstanding $ (0.04) $ (0.06)
Diluted net loss per common share outstanding $ (0.04) $ (0.06)
Basic weighted average number of common shares outstanding 55,316,371 34,103,724
Diluted weighted average number of common shares outstanding 55,316,371 34,103,724
Subscription Revenue [Member]    
Revenue    
Total revenue $ 58
Data Delivery Revenue [Member]    
Revenue    
Total revenue $ 96 $ 79