Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations and Comprehensive Loss

v3.25.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Net revenues $ 3,189 $ 4,832
Cost of revenues 1,735 3,146
Gross profit 1,454 1,686
Operating expenses:    
Sales and marketing 2,605 3,329
General and administrative 10,473 13,780
Research and development 2,265 4,449
Impairment of goodwill 25,819
Total operating expenses 15,343 47,377
Operating loss (13,889) (45,691)
Other income (expense):    
Interest expense (135) (1,733)
Interest income 1,732
Gain (loss) on extinguishment of debt 535 (237)
Gain on sale of digital currencies 5,310
Other income, net 1,482 436
Total other income 3,614 3,776
Loss before taxes (10,275) (41,915)
Income tax expense (41) (29)
Net loss from continuing operations (10,316) (41,944)
Net loss from discontinued operation (10,841)
Net loss (10,316) (52,785)
Cumulative translation adjustment 54
Comprehensive loss $ (10,316) $ (52,731)
Net loss from continuing operations per share, basic $ (0.94) $ (17.62)
Net loss from continuing operations per share, diluted (0.94) (17.62)
Net loss from discontinued operations per share, basic (4.56)
Net loss from discontinued operations per share, diluted $ (4.56)
Weighted-average shares used to compute net loss per share, basic 10,972,163 2,379,972
Weighted-average shares used to compute net loss per share, diluted 10,972,163 2,379,972