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Cryptocurrencies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]    
Summary of additional information about cryptocurrencies
The following table presents additional information about cryptocurrencies as follows:
 
   
Three months
ended March
31, 2024
   
Year-ended
December 31,
2023
 
Beginning balance
  $ 142     $ 51  
Cumulative effect of change in accounting principle
  $ 3     $ —   
Cryptocurrencies received from mining
    3,220       9,137  
Mining services revenue
    255       844  
Mining pool operating fees
    (7     (13
Proceeds from sale of cryptocurrencies
    (3,009     (9,943
Unrealized gain on fair value of cryptocurrency, net
    62       —   
Realized gain on sale of cryptocurrencies and consideration paid
    109       351  
Impairment of cryptocurrencies
    —        (285
 
 
 
   
 
 
 
Ending balance
  $ 775     $ 142  
 
 
 
   
 
 
 
Number of bitcoin held
  $ 11.13     $ 3.44  
Average cost basis—per bitcoin
  $ 67,759     $ 41,537  
Fair value—per bitcoin
    69,689       42,288  
Cost basis of bitcoin (in ‘000s)
    754       142  
Fair value of bitcoin (in ‘000s)
  $ 775     $ 145  
The following table presents additional information about cryptocurrencies as follows:
 
    
Year Ended
 
    
December 31,
2023
    
December 31,
2022
 
Beginning balance
   $ 51      $ 15,050  
Cryptocurrencies received from mining
     9,137        13,496  
Mining services revenue
     844        884  
Mining pool operating fees
     (13      (19
Consideration paid related to operation agreement
     —         (461
Proceeds from sale of cryptocurrencies
     (9,943      (26,871
Realized gain on sale of cryptocurrencies and consideration paid
     351        3,998  
Impairment of cryptocurrencies
     (285      (6,026
  
 
 
    
 
 
 
Ending balance
   $ 142      $ 51  
  
 
 
    
 
 
 
Schedule of Activities of the Bitcoin
The following table presents information based on the activity of bitcoin for the three months ended March 31, 2024:
 
Balance as of December 31, 2023
   $ 142  
Cumulative effect of the adoption of ASC
350-60
     3  
  
 
 
 
Adjusted beginning balance, at fair value
     145  
Addition of bitcoin from mining activities
     3,468  
Bitcoin sold and issued for operations
     (2,947
Unrealized gains from fair value adjustments
     109  
  
 
 
 
Balance as of March 31, 2024
   $ 775