XML 19 R12.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

4. DISCONTINUED OPERATIONS | 6 Months Ended
--- | ---
Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract] |
DISCONTINUED OPERATIONS | 4. DISCONTINUED OPERATIONS The Company determined to make available for sale the asset groups related to its energy segment due to its strategic shift to strictly focus on its bitcoin mining operations. As a result, the energy segment's results of operations have been reclassified as discontinued operations on a retrospective basis for all periods presented. Accordingly, the assets and liabilities of this segment are separately reported as “assets and liabilities held for sale” as of March 31, 2024 and September 30, 2023 in the Consolidated Balance Sheets. The Company has since sold the majority of its software and intellectual property assets related to the energy segment and is in the process of selling additional remaining inventory and assets. The results of operations of this segment, for all periods, are separately reported as “discontinued operations” in the Consolidated Statements of Operations and Comprehensive Income (Loss). Provided below are the key areas of the financials that constitute the discontinued operations:
|  | March 31, 2024 |  |  | September 30, 2023 |
|  | (Unaudited) |  |  |  |
ASSETS |  |  |  |  |  |
Current assets |  |  |  |  |  |
Accounts receivable, net |  | $ | 4 |  |  | $ | 126 |
Inventory |  |  | 320 |  |  |  | 319 |
Total current assets held for sale |  | $ | 324 |  |  | $ | 445 |
Total assets held for sale |  | $ | 324 |  |  | $ | 445 |
LIABILITIES |  |  |  |  |  |
Total current liabilities held for sale |  |  | 637 |  |  |  | 1,175 |
Total liabilities held for sale |  | $ | 637 |  |  | $ | 1,175 |
|  | For the three months ended |  |  | For the six months ended |
|  | March 31, 2024 |  |  | March 31, 2023 |  |  | March 31, 2024 |  |  | March 31, 2023 |
Total revenues, net |  | $ | — |  |  | $ | 28 |  |  | $ | — |  |  | $ | 129 |
Total costs and expenses |  |  | — |  |  |  | 331 |  |  |  | — |  |  |  | 684 |
Loss from operations |  | $ | — |  |  | $ | (303 | ) |  | $ | — |  |  | $ | (555 | )
Total other income |  |  | — |  |  |  | 9 |  |  |  | — |  |  |  | 1,718 |
(Loss) Income before income tax (expense) benefit |  |  | — |  |  |  | (294 | ) |  |  | — |  |  |  | 1,163 |
Income tax benefit (expense) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net (loss) income attributable to common shareholders |  | $ | — |  |  | $ | (294 | ) |  | $ | — |  |  | $ | 1,163 |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//205-20/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration