4. DISCONTINUED OPERATIONS

6 Months Ended

Mar. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

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