XML 61 R37.htm IDEA: XBRL DOCUMENT v3.23.3
Cryptocurrencies (Tables)
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of carrying values of cryptocurrencies

The carrying values of cryptocurrencies were the following at September 30, 2023 and December 31, 2022 (in thousands):

 

Cryptocurrency

 

At
September 30, 2023

 

 

At
December 31, 2022

 

BTC

 

$

794

 

 

$

523

 

ETH

 

 

1

 

 

 

9

 

LTC

 

 

—

 

 

 

8

 

 

$

795

 

 

$

540

 
Summary of the adjusted cost basis of cryptocurrencies

The following tables present additional information about the adjusted cost basis of cryptocurrencies (in thousands):

 

 

BTC

 

 

ETH

 

 

LTC

 

 

Total

 

Beginning balance—January 1, 2023

 

$

523

 

 

$

9

 

 

$

8

 

 

$

540

 

Purchase or receipts of cryptocurrency

 

 

127,530

 

 

 

4

 

 

 

3

 

 

 

127,537

 

Cost of cryptocurrencies sold or distributed

 

 

(125,465

)

 

 

(12

)

 

 

(11

)

 

 

(125,488

)

Impairment of cryptocurrencies

 

 

(2,187

)

 

 

—

 

 

 

—

 

 

 

(2,187

)

Balance—March 31, 2023

 

$

401

 

 

$

1

 

 

$

-

 

 

$

402

 

Purchase or receipts of cryptocurrency

 

 

153,351

 

 

 

—

 

 

 

—

 

 

 

153,351

 

Cost of cryptocurrencies sold or distributed

 

 

(150,552

)

 

 

—

 

 

 

—

 

 

 

(150,552

)

Impairment of cryptocurrencies

 

 

(2,390

)

 

 

—

 

 

 

—

 

 

 

(2,390

)

Balance—June 30, 2023

 

$

810

 

 

$

1

 

 

$

-

 

 

$

811

 

Purchase or receipts of cryptocurrency

 

 

139,065

 

 

 

—

 

 

 

—

 

 

 

139,065

 

Cost of cryptocurrencies sold or distributed

 

 

(137,288

)

 

 

—

 

 

 

—

 

 

 

(137,288

)

Impairment of cryptocurrencies

 

 

(1,793

)

 

 

—

 

 

 

—

 

 

 

(1,793

)

Balance—September 30, 2023

 

$

794

 

 

$

1

 

 

$

-

 

 

$

795

 

 

 

BTC

 

 

ETH

 

 

LTC

 

 

Total

 

Beginning balance—January 1, 2022

 

$

563

 

 

$

5,988

 

 

$

6

 

 

$

6,557

 

Purchase or receipts of cryptocurrency

 

 

128,388

 

 

 

206

 

 

 

847

 

 

 

129,441

 

Cost of cryptocurrencies sold or distributed

 

 

(126,275

)

 

 

(2,770

)

 

 

(836

)

 

 

(129,881

)

Impairment of cryptocurrencies

 

 

(1,861

)

 

 

(1,358

)

 

 

(7

)

 

 

(3,226

)

Balance—March 31, 2022

 

$

815

 

 

$

2,066

 

 

$

10

 

 

$

2,891

 

Purchase or receipts of cryptocurrency

 

 

134,378

 

 

 

12

 

 

 

993

 

 

 

135,383

 

Cost of cryptocurrencies sold or distributed

 

 

(132,543

)

 

 

(2,073

)

 

 

(999

)

 

 

(135,615

)

Impairment of cryptocurrencies

 

 

(2,075

)

 

 

—

 

 

 

—

 

 

 

(2,075

)

Balance—June 30, 2022

 

$

575

 

 

$

5

 

 

$

4

 

 

$

584

 

Purchase or receipts of cryptocurrency

 

 

140,015

 

 

 

387

 

 

 

638

 

 

 

141,040

 

Cost of cryptocurrencies sold or distributed

 

 

(138,261

)

 

 

(379

)

 

 

(632

)

 

 

(139,272

)

Impairment of cryptocurrencies

 

 

(1,670

)

 

 

(3

)

 

 

(5

)

 

 

(1,678

)

Balance—September 30, 2022

 

$

659

 

 

$

10

 

 

$

5

 

 

$

674