Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net revenues $ 921 $ 1,344
Cost of revenues 397 1,271
Gross profit 524 73
Operating expenses:    
Sales and marketing 443 856
General and administrative 2,471 4,142
Research and development 484 1,769
Total operating expenses 3,398 6,767
Operating loss (2,874) (6,694)
Other income (expense):    
Interest expense (108) (537)
Gain on extinguishment of debt 535 0
Impairment of digital assets (56) (50)
Fair value adjustment of warrant liability 0 253
Gain on sale of digital assets 0 3,214
Other income, net 211 102
Total other income 582 2,982
Loss before taxes (2,292) (3,712)
Income tax expense 0 0
Net loss from continuing operations (2,292) (3,712)
Net loss from discontinued operation, net of $0 tax 0 (557)
Net loss (2,292) (4,269)
Other comprehensive income:    
Cumulative translation adjustment 0 23
Comprehensive loss $ (2,292) $ (4,246)
Net loss per share from continuing operations, basic (in dollars per share) $ (0.33) $ (1.80)
Net loss per share from continuing operations, diluted (in dollars per share) (0.33) (1.80)
Net loss per share from discontinued operations, basic (in dollars per share) 0 (0.27)
Net loss per share from discontinued operations, diluted (in dollars per share) $ 0 $ (0.27)
Weighted-average common shares used to compute loss per share, basic (in shares) 6,864,226,000 2,063,379,000
Weighted-average common shares used to compute loss per share, diluted (in shares) 6,864,226,000 2,063,379,000