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OTHER EXPENSE (INCOME)
 9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
OTHER EXPENSE (INCOME)

5. OTHER EXPENSE (INCOME)

 

Other expense (income) in the unaudited interim consolidated statements of operations reports certain gains and losses associated with activities not directly related to our core operations. For the three months ended September 30, 2021, other expense was $13, as compared to other income of $1.7 million during the three months ended September 30, 2020. For the three months ended September 30, 2020, included in other income was a gain of $1.7 million related to the sale of CleanSpark Common Stock and warrants.

 

For the nine months ended September 30, 2021, other income was $1.3 million, as compared to other income of $904 during the nine months ended September 30, 2020. For the nine months ended September 30, 2021, included in other income was a gain of $1.4 million for the extinguishment and forgiveness of the PPP Loan. For the nine months ended September 30, 2020, included in other income was a gain of $968 related to the sale and mark to market adjustment on the fair value of the CleanSpark Common Stock and warrants.