XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Sep. 30, 2023
Current assets    
Cash and cash equivalents $ 126,141 $ 29,215
Restricted cash 3,023 0
Receivable from equity offerings 31,158 9,590
Prepaid expense and other current assets 7,656 3,258
Bitcoin (see Note 2 and Note 5) 413,033 56,241
Note receivable from GRIID (see Note 6) 15,000 0
Derivative investment asset 1,692 2,697
Investment in debt security, at fair value 812 726
Current assets held for sale 320 445
Total current assets 598,835 102,172
Property and equipment, net 568,393 564,395
Operating lease right of use asset 2,872 688
Intangible assets, net 3,580 4,603
Deposits on miners and mining equipment 284,541 75,959
Other long-term assets 9,311 5,718
Goodwill 8,043 8,043
Total assets 1,475,575 761,578
Current liabilities    
Accounts payable and accrued liabilities 56,488 65,577
Current portion of operating lease liability 198 181
Current portion of finance lease liability 23 130
Current portion of long-term loans payable 9,665 6,992
Current liabilities held for sale 611 1,175
Total current liabilities 66,985 74,055
Long-term liabilities    
Operating lease liability, net of current portion 721 519
Finance lease liability, net of current portion 0 9
Loans payable, net of current portion 1,314 8,911
Deferred income taxes, net 4,356 857
Total liabilities 73,376 84,351
Stockholders' equity    
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
Common stock; $0.001 par value; 300,000,000 shares authorized; 235,525,077 and 160,184,921 shares issued and outstanding, respectively 236 160
Additional paid-in capital 1,817,128 1,009,482
Accumulated other comprehensive income 312 226
Accumulated deficit (415,479) (332,643)
Total stockholders' equity 1,402,199 677,227
Total liabilities and stockholders' equity $ 1,475,575 $ 761,578