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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets      
Cash and cash equivalents $ 318,000 $ 735,000 $ 915,000
Restricted cash 1,263,000 8,000
Accounts receivable 175,000 486,000
Prepaid expenses 1,412,000 409,000 581,000
Marketable securities 49,000 115,000 403,000
Digital assets held for other parties   908,000
Digital asset 787,000 1,016,000 2,097,000
Total current assets 4,004,000 2,275,000 5,398,000
Mining equipment, net 2,609,000 2,994,000 12,916,000
Intangible asset 100,000 100,000 100,000
Deposits 2,266,000 2,263,000 420,000
Total assets 8,979,000 7,632,000 18,834,000
Liabilities and stockholders’ deficit      
Accounts payable and accrued liabilities 9,834,000 9,045,000 3,649,000
Obligation liability related to digital assets held for other parties   916,000
Cash due to third-party 1,263,000  
Note payable – current portion 213,000 213,000
Bitcoin denominated note payable – current portion   14,868,000
Current liabilities 11,310,000 9,258,000 19,433,000
Notes payable less current portion 5,331,000 5,384,000
Total liabilities 16,641,000 14,642,000 19,433,000
Stockholders’ deficit      
Common stock, $0.0001 par value, 150,000,000 shares authorized; 69,985,037 and 52,991,590 shares issued and outstanding, respectively. 6,000 5,000 3,000
Additional paid-in capital 66,402,000 60,050,000 46,598,000
Shares to be issued 670,000
Subscription receivable (55,000) (25,000)
Accumulated deficit (74,015,000) (67,735,000) (47,175,000)
Total stockholder’s deficit (7,662,000) (7,010,000) (599,000)
Total liabilities and stockholders’ deficit $ 8,979,000 $ 7,632,000 $ 18,834,000