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SCHEDULE OF RECLASSIFICATION FROM OPERATING ACTIVITIES TO INVESTING ACTIVITIES (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss $ (19,133) $ (212,626) $ (17,109) $ (26,368) $ (229,735)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     13,877 55,008 38,587
Deferred tax expense     (5,674) 278 5,183
Impairment of digital assets     23,317 14,514 154,897
Stock-based compensation     9,275 8,396 15,451
Amortization of debt issuance costs     971 1,942 1,942
Loss from extinguishment of debt   333
Other adjustments from operations, net     (215) 1,131 508
Changes in operating assets and liabilities:          
Revenues from digital asset production     (51,874) (132,891) (76,449)
Deposits     (6,287) (19,325) (5,548)
Prepaid expenses and other assets     (4,889) (6,963) (2,120)
Accounts payable and accrued expenses     (667) 2,434 (5,214)
Accrued interest     1,843 (388) (244)
Net cash used in operating activities     (26,062) (142,868) (40,873)
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors     (192,391) (61,834) (393,991)
Purchase of property and equipment     (6,534) (23,316) (13,752)
Proceeds from sale of digital assets       113,928
Investments in Joint Venture       (62,729)
Net cash used in investing activities     (209,425) (33,951) (334,520)
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs     85,473 228,833 161,042
Repayment of term loan borrowings       (50,000)  
Value of shares withheld for taxes       (187) (44)
Net cash provided by financing activities     85,473 192,275 195,998
Net increase (decrease) in cash, cash equivalents and restricted cash     (150,014) 15,456 (179,395)
Cash, cash equivalents and restricted cash — beginning of period   118,542 268,556 112,505 268,556
Cash, cash equivalents and restricted cash — end of period $ 127,961 89,161 118,542 $ 127,961 89,161
Previously Reported [Member]          
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss     (12,851)    
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     13,877    
Deferred tax expense     (4,262)    
Impairment of digital assets     17,647    
Stock-based compensation     9,275    
Amortization of debt issuance costs     971    
Other adjustments from operations, net     (215)    
Changes in operating assets and liabilities:          
Revenues from digital asset production     (51,874)    
Deposits     (6,287)    
Prepaid expenses and other assets     (4,889)    
Accounts payable and accrued expenses     (667)    
Accrued interest     1,843    
Net cash used in operating activities     (26,062)    
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors     (192,391)    
Purchase of property and equipment     (6,534)    
Net cash used in investing activities     (209,425)    
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs     85,473    
Net cash provided by financing activities     85,473    
Net increase (decrease) in cash, cash equivalents and restricted cash     (150,014)    
Cash, cash equivalents and restricted cash — beginning of period   118,542 268,556   268,556
Cash, cash equivalents and restricted cash — end of period     118,542    
Revision of Prior Period, Adjustment [Member]          
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss     (4,258)   (8,417)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization        
Deferred tax expense     (1,412)    
Impairment of digital assets     5,670    
Stock-based compensation        
Amortization of debt issuance costs        
Other adjustments from operations, net        
Changes in operating assets and liabilities:          
Revenues from digital asset production        
Deposits        
Prepaid expenses and other assets        
Accounts payable and accrued expenses        
Accrued interest        
Net cash used in operating activities        
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors        
Purchase of property and equipment        
Net cash used in investing activities        
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs        
Net cash provided by financing activities        
Net increase (decrease) in cash, cash equivalents and restricted cash        
Cash, cash equivalents and restricted cash — beginning of period    
Cash, cash equivalents and restricted cash — end of period        
Error Correction, Other [Member]          
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss     (7,235)    
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     17,733    
Deferred tax expense     75    
Gains on digital assets     (17,615)    
Impairment of digital assets     6,151    
Stock-based compensation     3,945    
Amortization of debt issuance costs     971    
Loss from extinguishment of debt     333    
Other adjustments from operations, net     1,290    
Changes in operating assets and liabilities:          
Revenues from digital asset production     (50,941)    
Proceeds from sale of digital assets        
Deposits     (23,124)    
Prepaid expenses and other assets     (20,738)    
Accounts payable and accrued expenses     (3,784)    
Accrued interest     1,481    
Net cash used in operating activities     (91,458)    
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors     (11,565)    
Purchase of property and equipment     (17,270)    
Proceeds from sale of digital assets     62,646    
Investments in Joint Venture     (43,194)    
Net cash used in investing activities     (9,383)    
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs     163,295    
Repayment of term loan borrowings     (50,000)    
Value of shares withheld for taxes     (77)    
Net cash provided by financing activities     113,218    
Net increase (decrease) in cash, cash equivalents and restricted cash     12,377    
Cash, cash equivalents and restricted cash — beginning of period   124,882 112,505   112,505
Cash, cash equivalents and restricted cash — end of period     124,882    
Error Correction, Other [Member] | Previously Reported [Member]          
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss     (7,235)    
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     17,733    
Deferred tax expense     75    
Gains on digital assets     (17,615)    
Impairment of digital assets     6,151    
Stock-based compensation     3,945    
Amortization of debt issuance costs     971    
Loss from extinguishment of debt     333    
Other adjustments from operations, net     1,290    
Changes in operating assets and liabilities:          
Revenues from digital asset production     (50,941)    
Proceeds from sale of digital assets     62,646    
Deposits     (23,124)    
Prepaid expenses and other assets     (20,738)    
Accounts payable and accrued expenses     (3,784)    
Accrued interest     1,481    
Net cash used in operating activities     (28,812)    
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors     (11,565)    
Purchase of property and equipment     (17,270)    
Proceeds from sale of digital assets        
Investments in Joint Venture     (43,194)    
Net cash used in investing activities     (72,029)    
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs     163,295    
Repayment of term loan borrowings     (50,000)    
Value of shares withheld for taxes     (77)    
Net cash provided by financing activities     113,218    
Net increase (decrease) in cash, cash equivalents and restricted cash     12,377    
Cash, cash equivalents and restricted cash — beginning of period   124,882 112,505   112,505
Cash, cash equivalents and restricted cash — end of period     124,882    
Error Correction, Other [Member] | Revision of Prior Period, Adjustment [Member]          
CASH FLOWS FROM OPERATING ACTIVITIES          
Net loss        
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization        
Deferred tax expense        
Gains on digital assets        
Impairment of digital assets        
Stock-based compensation        
Amortization of debt issuance costs        
Loss from extinguishment of debt        
Other adjustments from operations, net        
Changes in operating assets and liabilities:          
Revenues from digital asset production        
Proceeds from sale of digital assets     (62,646)    
Deposits        
Prepaid expenses and other assets        
Accounts payable and accrued expenses        
Accrued interest        
Net cash used in operating activities     (62,646)    
CASH FLOWS FROM INVESTING ACTIVITIES          
Advances to vendors        
Purchase of property and equipment        
Proceeds from sale of digital assets     62,646    
Investments in Joint Venture        
Net cash used in investing activities     62,646    
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of common stock, net of issuance costs        
Repayment of term loan borrowings        
Value of shares withheld for taxes        
Net cash provided by financing activities        
Net increase (decrease) in cash, cash equivalents and restricted cash        
Cash, cash equivalents and restricted cash — beginning of period    
Cash, cash equivalents and restricted cash — end of period