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OTHER (INCOME) EXPENSE
6 Months Ended
Jun. 30, 2020
Other Income and Expenses [Abstract]  
OTHER (INCOME) EXPENSE

7. OTHER (INCOME) EXPENSE

  

Other expense in the unaudited consolidated statements of operations reports certain gains and losses associated with activities not directly related to our core operations. For the three months ended June 30, 2020, other income was $449, as compared to other expense of $3.8 million during the three months ended June 30, 2019. For the three months ended June 30, 2020, included in other income was a gain of $384 related to the mark to market adjustment on the fair value of common stock and warrants received in connection with the Merger of PCPI, CleanSpark and the Merger Sub, as compared to a loss of $3.7 million for the three months ended June 30, 2019.

  

For the six months ended June 30, 2020, other expense was $832, as compared to $465 during the six months ended June 30, 2019. For the six months ended June 30, 2020, included in other expense was a loss of $759 related to the mark to market adjustment on the fair value of common stock and warrants received in connection with the Merger of PCPI, CleanSpark and the Merger Sub, as compared to a loss of $325 for the six months ended June 30, 2019.