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VOLUNTARY CHANGE IN ACCOUNTING PRINCIPLE (Tables)
 6 Months Ended
Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]  
SCHEDULE OF VOLUNTARY CHANGE IN ACCOUNTING PRINCIPLE

The impacts of the voluntary change in accounting principle from LIFO to FIFO are as follows:

SCHEDULE OF VOLUNTARY CHANGE IN ACCOUNTING PRINCIPLE

   For the three months ended 
   March 31, 2022 (unaudited) 
   (Restated) 
Condensed Consolidated Statements of Operation Impact     
Impairment of digital assets  $(5,670)
Income tax benefit  $1,412 
Net loss impact  $(4,258)

 

   For the six months ended 
   June 30, 2022 (unaudited) 
   (Restated) 
Condensed Consolidated Statements of Operation Impact     
Impairment of digital assets  $(9,449)
Income tax expense  $1,032 
Net loss impact  $(8,417)

 

   As of 
   March 31, 2022 (unaudited) 
   (Restated) 
Condensed Consolidated Balance Sheet Impact     
Digital assets  $4,076 
Deferred tax liabilities  $

981

 

 

 

   As of 
   June 30, 2022 (unaudited) 
   (Restated) 
Condensed Consolidated Balance Sheet Impact     
Digital assets  $297 
Deferred tax liabilities  $

1,361