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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 26, 2024
Sep. 30, 2024
Sep. 30, 2023
Cash flows from Operating Activities:      
Net income   $ 2,421 $ 3,143
Adjustments to reconcile net income to net cash provided by operating activities:      
Derivative liabilities     2,701
Amortization of deferred financing costs   1,047 962
Accretion to contingent earn-out liability     159
Depreciation and amortization   8,184 9,554
Loss on Series A Preferred Share PIPE Issuance     8,863
Non-cash share-based compensation   3,037 2,941
Purchase of services in cryptocurrencies   1,014 525
Deferred taxes   (1,752) (1,534)
Loss on lease termination     1,717
Write-off of deferred financing costs   3,136  
Loss on disposal of property and equipment   110 708
Reduction in carrying amount of right-of-use assets   424 76
Cryptocurrency received as payment   (1,068) (950)
Change in operating assets and liabilities:      
Deposits   (324) (461)
Accounts receivable   (136) (29)
Cryptocurrencies   75 147
Prepaid expenses and other current assets   (1,260) (2,373)
Accounts payable   3,630 (3,373)
Accrued expenses and other current liabilities   (988) 10,178
Income taxes payable   (1,128) 681
Other non-income tax payable   (62)  
Tax receivable agreement liability   1,471  
Deferred revenue   (96) 49
Operating leases, net   (482) (114)
Net Cash Flows Provided by Operations   17,253 33,570
Cash flows from Investing Activities:      
Acquisition of property and equipment   (9,886) (5)
Acquisition of BitAccess, net of cash received     (2,000)
Acquisition of BTC investments   (620)  
Net Cash Flows Used In Investing Activities   (10,506) (2,005)
Cash flows from Financing Activities:      
Net proceeds from Merger     3,343
PIPE commitment fees paid     (933)
Proceeds from stock subscription receivable     4
Proceeds from issuance of notes payable   24,352  
Principal payments on notes payable   (2,878) (18,926)
Principal payments on finance lease   (6,243) (8,809)
Borrowing on finance leases   3,382  
Payment of deferred financing costs   (19) (1,149)
Purchase of treasury stock   (158)  
Distributions   (22,748) (12,984)
Net Cash Flows Used In Financing Activities   (4,312) (39,454)
Effect of exchange rate changed on cash and cash equivalents   35 15
Net change in cash and cash equivalents   2,470 (7,874)
Cash and cash equivalents - beginning of period   29,759 37,540
Cash and cash equivalents - end of period   32,229 29,666
Cash paid during the nine months ended September 30 for:      
Interest   6,921 9,121
Income taxes   $ 3,652 $ 362
Noncash Investing and Financing Items [Abstract]      
Proceeds from the issuance of term loan $ 15,200    
Issuance of term loan net of fees paid 500    
Old Term Loan [Member]      
Noncash Investing and Financing Items [Abstract]      
Debt instrument, face amount 19,900    
New Term Loan [Member]      
Noncash Investing and Financing Items [Abstract]      
Debt instrument, face amount 35,600    
Term Loan Facility [Member]      
Noncash Investing and Financing Items [Abstract]      
Debt instrument, face amount $ 35,600