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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from Operating Activities:    
Net Income $ 2,075 $ 764
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Amortization of deferred financing costs 515 301
Adjustment to contingent earnout liability 142  
Depreciation and amortization 6,295 9,602
Expense associated with Series A Preferred Share PIPE Issuance 9,213 0
Non-cash stock compensation 1,997 607
Purchase of services in cryptocurrencies 432 2,376
Deferred taxes (867) (338)
Realized gain on cryptocurrencies   (989)
Loss on lease modification 1,201  
Loss on disposal of property and equipment 255 0
Reduction in carrying amount of right-of-use assets 49 38
Cryptocurrency received as payment (288) (2,258)
Change in operating assets and liabilities:    
Accounts receivable, net (870) (25)
Income tax receivable 0 27
Cryptocurrencies (438) 2,278
Prepaid expenses and other current assets (978) 11
Accounts payable (125) (3,307)
Accrued expenses 8,331 1,324
Income taxes payable (268) 688
Derivative liabilities 6  
Deferred revenue 4 91
Operating lease liabilities (82) (68)
Net Cash Flows From (Used In) Operations 26,599 11,122
Cash flows from Investing Activities:    
Acquisition of property and equipment (18) (700)
Net Cash Flows From (Used In) Investing Activities (18) (700)
Cash flows from Financing Activities:    
Net Proceeds from Merger 3,343  
PIPE commitment fee paid at closing (583)  
Proceeds from issuance of note payable   5,000
Principal payments on note payable (18,926) (1,600)
Principal payments finance lease (6,701) (8,376)
Payment for deferred financing costs (1,149) (209)
Distributions (12,711) (5,167)
Net Cash Flows From (Used In) Financing Activities (36,727) (10,352)
Effect of exchange rate changed on cash and cash equivalents 21 (234)
Net change in cash (10,125) (164)
Cash and cash equivalents - beginning of period 37,540 38,028
Cash and cash equivalents - end of period 27,415 37,864
Cash paid during the six months ended June 30 for:    
Interest 7,036 5,636
Income taxes $ 2,212 $ 4