XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Cash and cash equivalents    
Cash and cash equivalents $ 29,215 $ 20,463
Accounts receivable, net 5 27
Inventory 809 216
Prepaid expense and other current assets 12,034 7,931
Bitcoin 56,241 11,147
Derivative investment asset 2,697 2,956
Investment in debt security, AFS, at fair value 726 610
Current assets held for sale 445 7,426
Total current assets 102,172 50,776
Property and equipment, net 564,395 376,781
Operating lease right of use asset 688 551
Intangible assets, net 4,603 6,485
Deposits on mining equipment 75,959 12,497
Other long-term asset 5,718 3,990
Goodwill 8,043 0
Long-term assets held for sale 0 1,545
Total assets 761,578 452,625
Current liabilities    
Accounts payable and accrued liabilities 65,577 24,662
Current portion of operating lease liability 181 113
Current portion of finance lease liability 130 260
Current portion of long-term loans payable 6,992 7,786
Dividends payable 0 21
Current liabilities held for sale 1,175 1,199
Total current liabilities 74,055 34,041
Long-term liabilities    
Operating lease liability, net of current portion 519 447
Finance lease liability, net of current portion 9 180
Loans payable, net of current portion 8,911 13,433
Deferred income taxes 857 0
Long-term liabilities held for sale 0 512
Total Liabilities 84,351 48,613
Stockholders' equity    
Common stock; $0.001 par value; 300,000,000 shares authorized; 160,184,921 and 55,661,337 shares issued and outstanding, respectively 160 56
Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 and 1,750,000 issued and outstanding, respectively 2 2
Additional paid-in capital 1,009,482 599,898
Accumulated other comprehensive income 226 110
Accumulated deficit (332,643) (196,054)
Total stockholders' equity 677,227 404,012
Total liabilities and stockholders' equity $ 761,578 $ 452,625