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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (48,829,000) $ (28,787,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 6,163,000 2,815,000
Amortization of debt discount 10,400,000 26,461,000
Amortization of right-of-use assets 877,000 339,000
Loss on extinguishment of debt 63,000
Stock-based compensation 4,548,000 2,685,000
Gain on the sale of fixed assets (4,515,000)
Impairment of equity securities 11,555,000
Impairment of cryptocurrencies 139,000 439,000
Realized gain on the sale of cryptocurrencies (250,000) (261,000)
Revenue, cryptocurrency mining (7,347,000) (3,548,000)
Realized losses on sale of marketable securities 3,627,000 5,707,000
Unrealized gains on marketable securities (1,908,000) (13,515,000)
Unrealized losses on investments in common stock, related parties 1,598,000 4,694,000
Unrealized gains on equity securities (13,461,000)
Loss from investment in unconsolidated entity 533,000
Provision for loan losses 1,180,000
Other (83,000) (312,000)
Changes in operating assets and liabilities:    
Proceeds from the sale of cryptocurrencies 7,780,000 4,377,000
Marketable equity securities 21,986,000 32,649,000
Accounts receivable 5,144,000 (621,000)
Inventories 1,924,000 (1,723,000)
Prepaid expenses and other current assets (719,000) 6,947,000
Other assets (490,000) (704,000)
Accounts payable and accrued expenses (4,230,000) 4,961,000
Lease liabilities (910,000) (270,000)
Net cash provided by operating activities 7,703,000 29,405,000
Cash flows from investing activities:    
Purchase of property and equipment (7,021,000) (35,359,000)
Investment in promissory notes and other, related parties (700,000)
Sales of marketable equity securities 10,210,000
Investments in loans receivable (181,000) (246,000)
Principal payments on loans receivable 1,500,000
Investments in equity securities (102,000) (3,820,000)
Proceeds from the sale of fixed assets 4,515,000
Other 22,000 (352,000)
Net cash used in investing activities (2,767,000) (28,767,000)
Cash flows from financing activities:    
Gross proceeds from sales of common stock 4,158,000 110,147,000
Financing cost in connection with sales of common stock (105,000) (2,758,000)
Proceeds from sales of preferred stock 2,255,000
Financing cost in connection with sales of preferred stock (1,079,000)
Proceeds from notes payable 4,998,000 295,000
Repayment of margin accounts (767,000) (18,488,000)
Payments on notes payable (19,651,000) (65,986,000)
Payments of preferred dividends (229,000) (5,000)
Purchase of treasury stock (197,000) (992,000)
Proceeds from convertible notes 2,680,000
Payments on convertible notes (160,000)
Net cash (used in) provided by financing activities (8,097,000) 22,213,000
Effect of exchange rate changes on cash and cash equivalents 177,000 57,000
Net (decrease) increase in cash and cash equivalents and restricted cash (2,984,000) 22,908,000
Cash and cash equivalents and restricted cash at beginning of period 14,055,000 21,233,000
Cash and cash equivalents and restricted cash at end of period 11,071,000 44,141,000
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 4,658,000 2,572,000
Non-cash investing and financing activities:    
Settlement of accounts payable with digital currency 413,000
Conversion of convertible notes payable, related party into shares of common stock 400,000 400,000
Conversion of investments in other equity securities to marketable securities 13,340,000
Conversion of loans receivable to marketable securities 5,430,000
Recognition of new operating lease right-of-use assets and lease liabilities 2,188,000
Remeasurement of Ault Disruptive temporary equity 679,000
Notes payable exchanged for series E, F and G convertible preferred stock liabilities $ 8,500,000