(Dollars in thousands)

Three Months Ended

September 30,

Nine Months Ended

September 30,

2023

2022

2023

2022

Cryptocurrency mining revenue

$

-

$

1,993

$

769

$

8,538

Data hosting revenue

-

984

276

3,666

Total revenue

-

2,977

1,045

12,204

Operating costs:

Cost of cryptocurrency mining revenue, exclusive of depreciation

-

1,723

801

4,605

Cost of revenue- depreciation

5

2,308

136

6,775

Data hosting (income) costs

-

1,078

205

3,192

General and administrative expense

48

162

367

409

Impairment on fixed assets

-

43

-

Interest expense

406

424

1,097

1,269

Loss on sale of fixed assets

344

-

332

1,618

Net loss before income taxes

$

(803

)

$

(2,718

)

$

(1,936

)

$

(5,664

)