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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 44,212,000 $ (7,909,000)
Less: Net loss from discontinued operations (1,698,000)
Net income (loss) from continuing operations 44,212,000 (6,211,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 446,000 260,000
Amortization 191,000 167,000
Amortization of right-of-use assets 441,000 247,000
Amortization, related party 15,000
Interest expense – debt discount 40,000 908,000
Gain on extinguishment of debt (929,000)
Change in fair value of warrant liability (290,000) 10,000
Accretion of original issue discount on notes receivable – related party (4,000) 15,000
Accretion of original issue discount on notes receivable (955,000) (4,000)
Increase in accrued interest on notes receivable – related party (1,000)
Stock-based compensation 584,000 143,000
Realized losses on other investments 28,000
Realized gains on sale of marketable securities (12,283,000) (15,000)
Unrealized gains on marketable equity securities (3,483,000) (52,000)
Unrealized (gains) losses on equity securities – related party (39,852,000) 65,000
Unrealized (gains) losses on equity securities (1,224,000) 73,000
Changes in operating assets and liabilities:    
Marketable equity securities (9,616,000)
Accounts receivable (887,000) 199,000
Accrued revenue 78,000 34,000
Inventories 485,000 (35,000)
Prepaid expenses and other current assets (2,537,000) 181,000
Other assets (246,000) (39,000)
Accounts payable and accrued expenses (2,651,000) 1,365,000
Accounts payable, related parties (36,000) (24,000)
Income taxes payable 2,770,000  
Other current liabilities 4,472,000 660,000
Lease liabilities (439,000) (234,000)
Net cash used in continuing operating activities (21,699,000) (2,259,000)
Net cash provided by discontinued operating activities 1,000
Net cash used in operating activities (21,699,000) (2,258,000)
Cash flows from investing activities:    
Purchase of property and equipment (5,590,000) (190,000)
Investment in promissory notes, related parties (4,040,000) (199,000)
Investments in common stock and warrants, related parties (16,483,000) (10,000)
Investment in real property, related party (2,670,000)
Proceeds from sale of investment in real property, related party 2,670,000
Purchase of marketable equity securities
Sales of marketable equity securities 430,000 110,000
Proceeds from loans receivable 140,000
Investments in debt and equity securities (4,054,000) (3,000)
Net cash used in investing activities (29,737,000) (152,000)
Cash flows from financing activities:    
Gross proceeds from sales of common stock 144,044,000
Financing cost in connection with sales of equity securities (4,541,000)
Proceeds from convertible notes payable 100,000
Proceeds from notes payable 500,000 3,148,000
Proceeds from short-term advances – related party 604,000
Payments on short-term advances – related party (98,000)
Payments on notes payable (1,917,000) (186,000)
Payments on advances on future receipts (20,000)
Payments of preferred dividends (9,000) (7,000)
Payments on revolving credit facilities, net (23,000) 68,000
Net cash provided by financing activities 138,054,000 3,609,000
Effect of exchange rate changes on cash and cash equivalents 93,000 9,000
Net increase in cash and cash equivalents 86,711,000 1,208,000
Cash and cash equivalents at beginning of period 18,680,000 483,000
Cash and cash equivalents at end of period 105,391,000 1,691,000
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 658,000 71,000
Non-cash investing and financing activities:    
Cancellation of convertible notes payable into shares of common stock 2,689,000
Cancellation of notes payable into shares of common stock 450,000
Payment of accounts payable with digital currency 119,000
Issuance of common stock in payment of liability 229,000
Conversion of debt and equity securities to marketable securities 2,656,000
Conversion of loans to debt and equity securities 150,000
Conversion of convertible notes payable, related party into shares of common stock $ 400,000