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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenues, net        
Bitcoin mining revenue, net $ 111,799 $ 42,488 $ 185,585 $ 70,234
Other services revenue 0 58 0 131
Total revenues, net 111,799 42,546 185,585 70,365
Costs and expenses        
Cost of revenues (exclusive of depreciation and amortization shown below) 34,298 22,082 63,194 42,498
Professional fees 2,208 3,750 3,780 6,581
Payroll expenses 16,820 9,750 32,141 19,552
General and administrative expenses 6,819 4,329 11,822 8,053
Loss on disposal of assets 1,652 3 2,329 3
Gain on fair value of bitcoin, net (see Note 2 and Note 5) (119,702)   (155,743) 0
Other impairment expense (related to bitcoin) 0 194 0 277
Impairment expense - other 396 0 396 0
Impairment expense - goodwill     0 0
Realized gain on sale of bitcoin 0 (1,422) 0 (905)
Depreciation and amortization 32,187 21,346 62,034 40,675
Total costs and expenses (25,322) 60,032 19,953 116,734
Income (loss) from operations 137,121 (17,486) 165,632 (46,369)
Other income (expense)        
Other income 0 11 0 11
Change in fair value of contingent consideration 0 0 0 485
Unrealized loss (gain) on derivative security (949) 56 (2,192) (1,215)
Interest income 2,684 52 3,270 122
Interest expense (526) (799) (1,072) (1,688)
Total other income (expense) 1,209 (680) 6 (2,285)
Income (loss) before income tax expense 138,330 (18,166) 165,638 (48,654)
Income tax expense 11,595 0 12,994 0
Income (loss) from continuing operations 126,735 (18,166) 152,644 (48,654)
Discontinued Operations        
(Loss) income from discontinued operations 0 (294) 0 1,163
Income tax expense 0 0 0 0
Loss (income) on discontinued operations 0 (294) 0 1,163
Net income (loss) 126,735 (18,460) 152,644 (47,491)
Preferred stock dividends 2,842 0 3,421 0
Net income (loss) attributable to common shareholders 123,893 (18,460) 149,223 (47,491)
Other comprehensive income 29 29 58 58
Total comprehensive income (loss) attributable to common shareholders $ 123,922 $ (18,431) $ 149,281 $ (47,433)
Income (loss) from continuing operations per common share - basic $ 0.59 $ (0.23) $ 0.77 $ (0.66)
Weighted average common shares outstanding - basic 209,287,089 80,469,471 193,964,904 73,450,877
Income (loss) from continuing operations per common share - diluted $ 0.58 $ (0.23) $ 0.76 $ (0.66)
Weighted average common shares outstanding - diluted 212,099,068 80,469,471 196,903,594 74,032,082
(Loss) Income on discontinued operations per common share - basic $ 0 $ 0 $ 0 $ 0.02
Weighted average common shares outstanding - basic 209,287,089 80,469,471 193,964,904 73,450,877
(Loss) Income on discontinued operations per common share - diluted $ 0 $ 0 $ 0 $ 0.02
Weighted average common shares outstanding - diluted 212,099,068 80,469,471 196,903,594 74,032,082