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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash and Cash Equivalents

		December 31, 2021				September 30, 2021
Cash and cash equivalents, excluding restricted cash		$	4,104,574			$	14,571,198
Restricted cash - construction escrow account		$	1,107,840			$	3,469,129
Cash and cash equivalents, including restricted cash		$	5,212,414			$	18,040,327

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable

Accounts receivable, net consists of the following:

		December 31, 2021				September 30, 2021
Accounts Receivable, gross		$	4,776,757			$	2,891,784
Other receivables			538,753				421,681
Provision for doubtful allowances			(693,508	)			(693,508	)
Total Accounts Receivable, net		$	4,622,002			$	2,619,957

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Inventories Current

The composition of inventory as of December 31, 2021 and September 30, 2021 are as follows:

		December 31, 2021				September 30, 2021
Batteries and solar panels			718,955			$	1,819,398
Supplies and other			713,155				853,346
Total inventory			1,432,110			$	2,672,744

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of earnings per share, basic and diluted

		For the Three Months Ended December 31,
		2021				2020
Numerator
Consolidated net income (loss) attributable to common shareholders		$	14,171,144			$	(7,167,530	)
Denominator
Weighted- average common shares outstanding,    basic			40,279,938				22,146,992
Dilutive impact of stock options and other    share-based awards			205,823				—
Weighted- average common shares outstanding,    diluted			40,485,761				22,146,992
Net income (loss) per common share attributable
Basic		$	0.35			$	(0.32	)
Diluted		$	0.35			$	(0.32	)

2. SUMMARY OF SIGNIFICANT ACCOUNTING ACCOUNTING POLICIES - Useful Life of Property and Equipment

Depreciation is calculated on a straight-line basis over the estimated useful life of the asset as follows:

		Useful life (years)
Building		30
Machinery and equipment		1 - 10
Mining equipment		3 – 15
Infrastructure asset		Shorter of estimated lease term or 15 years
Leasehold improvements		Shorter of estimated lease term or 5 years
Furniture and fixtures		1 - 5

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Activities of Digital Currencies

The following table presents the activities of the digital currencies for the three months ended December 31, 2021:

		Amount ($)
Balance as on September 30, 2021			23,603,210
Addition of digital currencies			36,974,578
Sale of digital currencies			(33,965,188	)
Digital currencies issued for services			(181,658	)
Realized gain on sale of digital currencies			9,994,791
Impairment loss			(6,222,346	)
Balance as on December 31, 2021			30,203,387

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Financial Instruments That are Recorded at Fair Value

The following table presents the Company’s financial instruments that are measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of December 31, 2021 and September 30, 2021:

December 31, 2021:
		Amount ($)				Level 1 ($)				Level 2 ($)				Level 3 ($)
Derivative asset			5,204,505				-				-				5,204,505
Investment in equity security			-				-				-				-
Investment in debt security			512,721				-				-				512,721
Contingent cash consideration			615,249				-				-				615,249
Total		$	6,332,475				-				-				6,332,475

September 30, 2021:
		Amount ($)				Level 1 ($)				Level 2 ($)				Level 3 ($)
Derivative asset			4,905,656				—				—				4,905,656
Investment in equity security			10,772				10,772				—				—
Investment in debt security			494,608				—				—				494,608
Contingent cash consideration			820,802				—				—				820,802
Total			6,231,838				10,772				—				6,221,066

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