v3.26.1
Income Taxes - Schedule of Company’s Net Deferred Tax Assets/(Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Impairment loss on mining equipment $ 10,747 $ 5,181
Net operating loss carryforwards 6,610 7,742
Credit loss provision for receivables 10 81
Limits on interest expense deduction 5,194 3,683
Total gross deferred tax assets 22,561 16,687
Deferred tax liabilities:    
Digital assets (14,302) (15,072)
Depreciation of equipment (6,400) (8,086)
Total gross deferred liabilities (20,702) (23,158)
Valuation allowance (9,263)
Net deferred tax assets/(liabilities) (7,404) (6,471)
United States    
Deferred tax liabilities:    
Net deferred tax assets/(liabilities) 7,158 7,158
Hong Kong    
Deferred tax liabilities:    
Net deferred tax assets/(liabilities) 1,579
United Arab Emirates    
Deferred tax liabilities:    
Net deferred tax assets/(liabilities) (1,213) 1,443
Singapore    
Deferred tax liabilities:    
Net deferred tax assets/(liabilities) $ (14,928) $ (15,072)