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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets      
Cash $ 754 $ 2,851 $ 646
Other receivables 2 40 295
Cryptocurrencies 775 142 51
Finance lease right-of-use asset, current 1 1 1
Prepaid expenses and other current assets 1,455 301 178
Total current assets 2,987 3,335 1,171
Restricted cash 323 323 323
Property and equipment, net 32,058 30,844 37,156
Operating lease right-of-use asset 2,200 2,262 2,454
Finance lease right-of-use asset 37 43 96
Long-term deposits 4,604 5,400 4,941
Total assets 42,209 42,207 46,141
Current liabilities      
Accounts payable 11,431 12,902 4,598
Operating lease liability, current 219 222 205
Finance lease liability, current 6 6 377
Notes payable, net 3,507 2,737 667
Accrued expenses and other current liabilities 6,514 6,287 3,175
Total current liabilities 21,677 22,154 9,022
Notes payable, net 75,183 69,011 45,682
Payable to lessor – construction in progress 0 137 504
Warrant liability 471 3,838 76,423
Unearned grant revenue 195 195 195
Deferred tax liability 3,142 4,304 229
Operating lease liability 2,057 2,111 2,300
Finance lease liability 90 94 98
Total liabilities 102,815 101,844 134,453
Commitments and contingencies (See Note 14)
Shareholders deficit      
Common Stock (0.0001 par value 100,000,000 authorized, 69,875,938 shares issued and outstanding at March 31, 2024 and 65,616,298 at December 31, 2023, respectively) 7 7 2,368
Additional Paid-In Capital 53,271 47,765 0
Accumulated deficit (113,884) (107,409) (90,680)
Total shareholders deficit (60,606) (59,637) (88,312)
Total liabilities and shareholders deficit $ 42,209 $ 42,207 $ 46,141