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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities    
Net loss $ (136,589) $ (57,326)
Less:Loss from discontinued operations 4,429 17,237
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: [Abstract]    
Unrealized loss on equity security 0 2
Realized gain on sale of equity security 0 (1)
Impairment of Bitcoin 7,163 12,210
Realized gain on sale of Bitcoin (1,357) (2,567)
Bitcoin issued for services 720 611
Impairment of goodwill 0 12,048
Impairment of investment in equity security 0 250
Unrealized loss on derivative asset 259 1,950
Gain on fair value of contingent consideration (2,484) (346)
Non-cash lease expense 246 113
Stock based compensation 24,142 31,466
Depreciation and amortization 120,728 49,045
Provision for bad debts 347 810
Amortization of debt discount 69 46
Loss (gain) on write-off and disposal of assets 1,931 (643)
Changes in operating assets and liabilities    
Mining of bitcoin (168,121) (131,000)
Proceeds from sale of bitcoin 116,271 133,201
(Decrease) in operating lease liabilities (70) (104)
Increase in accounts payable and accrued liabilities 7,673 16,040
(Increase) in prepaid expenses and other current assets (4,320) (2,393)
(Increase) in accounts receivables (108) (530)
(Increase) decrease in Inventory (593) (137)
Deferred income taxes 857 0
Long -term deposits paid (2,913) (2,176)
Net cash (used in) provided by operating activities from Continuing Operations (31,720) 77,806
Net cash provided by (used in) operating activities of Discontinued Operations 1,326 (6,362)
Net cash (used in) provided by operating activities (30,394) 71,444
Cash Flows from Investing Activities    
Payments on miners (including deposits) (239,416) (171,181)
Purchase of fixed assets (61,460) (19,286)
Purchase of intangible assets 0 (225)
Settlement of holdbacks related to contingent consideration 0 (625)
Land acquisition in Sandersville, GA (1,430) 0
Proceeds from sale of miners 34 3,498
Proceeds from the sale of equity securities 0 10
Acquisition of WAHA, net of cash received 0 (19,772)
Acquisition of Coinmaker LLC (9,389) 0
Acquisition of Mawson (22,518) (3,400)
Net cash used in investing activities - Continuing Operations (334,179) (210,981)
Net cash provided by investing activities - Discontinued Operations 2,250 0
Net cash used in investing activities (331,929) (210,981)
Cash Flows from Financing Activities    
Payments on loans (14,466) (2,778)
Payments on preferred dividends (21) (315)
Payments on finance leases (301) (432)
Refund of loan commitment fee 150 0
Proceeds from loan payable 1,937 0
Proceeds from equipment backed loan 0 19,620
Proceeds from exercise of options and warrants 0 817
Proceeds from equity offerings, net 383,776 125,048
Net cash provided by financing activities - Continued Operations 371,075 141,960
Net cash provided by financing activities - Discontinued Operations 0 0
Net cash provided by financing activities 371,075 141,960
Net increase in cash and cash equivalents 8,752 2,423
Cash and cash equivalents, beginning of period 20,463 18,040
Cash and cash equivalents, end of period 29,215 20,463
Supplemental Cash Flow Information [Abstract]    
Cash paid for interest 2,907 1,026
Cash paid for income taxes 0 0
Non-cash investing and financing transactions    
Shares issued for settlement of contingent consideration related to business acquisition 2,840 150
Fixed asset and miner purchases accrued not paid 27,369 0
Shares withheld for net settlement of restricted stock units related to tax withholdings 5,873 1,638
Fixed assets purchased through finance transactions 493 212
Software purchased with bitcoin 229 0
Shares issued for settlement of seller agreements related to acquisition   150
Preferred shares dividends accrued 0 21
Unrealized gain on investment in available-for-sale debt security $ 116 $ 115