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SEGMENT AND CUSTOMERS INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of operating segments
                                        
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue, crane operations  $-   $-   $-   $-   $35,060,000   $-   $-   $35,060,000 
Revenue, crypto assets mining   -    -    15,556,000    -    -    -    -    15,556,000 
Revenue, hotel and real estate operations   -    -    1,023,000    14,425,000    -    -    -    15,448,000 
Revenue, lending and trading activities   -    1,946,000    -    -    -    -    -    1,946,000 
Revenue, other   5,026,000    -    -    -    29,000    3,000    2,137,000    7,195,000 
Total revenue   5,026,000    1,946,000    16,579,000    14,425,000    35,089,000    3,000    2,137,000    75,205,000 
Cost of revenue   2,898,000    -    20,670,000    9,652,000    22,827,000    212,000    1,271,000    57,530,000 
Gross profit (loss)   2,128,000    1,946,000    (4,091,000)   4,773,000    12,262,000    (209,000)   866,000    17,675,000 
Operating expenses                                        
General and administrative   2,684,000    401,000    472,000    4,022,000    7,283,000    -    15,555,000    30,417,000 
Selling and marketing   737,000    -    -    -    -    15,243,000    -    15,980,000 
Research and development   336,000    -    -    -    -    1,510,000    -    1,846,000 
Total operating expenses   3,757,000    401,000    472,000    4,022,000    7,283,000    16,753,000    15,555,000    48,243,000 
(Loss) income from operations  $(1,629,000)  $1,545,000   $(4,563,000)  $751,000   $4,979,000   $(16,962,000)  $(14,689,000)   (30,568,000)
Other income (expense):                                        
Interest and other income                                      1,958,000 
Interest expense                                      (14,566,000)
Loss on extinguishment of debt                                      (3,432,000)
Gain on deconsolidation of subsidiary                                      12,437,000 
Loss on the sale of fixed assets                                      (1,291,000)
Total other expense, net                                      (4,894,000)
Loss before income taxes                                     $(35,462,000)
                                         
Depreciation and amortization expense  $209,000   $-   $7,434,000   $2,355,000   $3,257,000   $62,000   $1,432,000   $14,749,000 
                                         
Interest expense  $(19,000)  $-   $(4,000)  $(5,848,000)  $(1,555,000)  $(1,339,000)  $(5,801,000)  $(14,566,000)
                                         
Capital expenditures for the nine months ended September 30, 2025  $92,000   $-   $2,156,000   $411,000   $3,374,000   $43,000   $8,000   $6,084,000 
                                         
Segment identifiable assets as of September 30, 2025  $2,735,000   $27,028,000   $38,036,000   $67,890,000   $41,614,000   $799,000   $63,997,000   $242,099,000 

 

The following data presents the revenues, expenditures and other operating data of the Company and its operating segments for the three months ended September 30, 2025:

 

                                         
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue, crane operations  $-   $-   $-   $-   $9,709,000   $-   $-   $9,709,000 
Revenue, crypto assets mining   -    -    5,674,000    -    -    -    -    5,674,000 
Revenue, hotel and real estate operations   -    -    262,000    5,899,000    -    -    -    6,161,000 
Revenue, lending and trading activities   -    148,000    -    -    -    -    -    148,000 
Revenue, other   1,742,000    -    -    -    -    1,000    893,000    2,636,000 
Total revenue   1,742,000    148,000    5,936,000    5,899,000    9,709,000    1,000    893,000    24,328,000 
Cost of revenue   1,025,000    -    6,565,000    3,523,000    6,322,000    6,000    622,000    18,063,000 
Gross profit (loss)   717,000    148,000    (629,000)   2,376,000    3,387,000    (5,000)   271,000    6,265,000 
Operating expenses                                        
General and administrative   715,000    48,000    809,000    1,145,000    2,937,000    -    5,694,000    11,348,000 
Selling and marketing   243,000    -    -    -    -    7,126,000    -    7,369,000 
Research and development   105,000    -    -    -    -    1,500,000    -    1,605,000 
Total operating expenses   1,063,000    48,000    809,000    1,145,000    2,937,000    8,626,000    5,694,000    20,322,000 
(Loss) income from operations  $(346,000)  $100,000   $(1,438,000)  $1,231,000   $450,000   $(8,631,000)  $(5,423,000)   (14,057,000)
Other income (expense):                                        
Interest and other income   -    -    -    -    -    -    -    637,000 
Interest expense                                      (3,063,000)
Gain on extinguishment of debt                                      1,137,000 
Gain on deconsolidation of subsidiary                                      2,747,000 
Loss on the sale of fixed assets                                      (732,000)
Total other income, net                                      726,000 
Loss before income taxes                                     $(13,331,000)
                                         
Depreciation and amortization expense  $170,000   $-   $2,356,000   $692,000  $1,056,000   $23,000   $475,000   $4,772,000 
                                         
Interest expense  $(4,000)  $-   $(3,000)  $(1,874,000)  $(272,000)  $(907,000)  $(3,000)  $(3,063,000)
                                         
Capital expenditures for the three months ended September 30, 2025  $92,000   $-   $482,000   $248,000   $1,976,000   $6,000   $3,000   $2,807,000 

 

The following data presents the revenues, expenditures and other operating data of the Company and its operating segments for the nine months ended September 30, 2024:

 

                                         
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue, crane operations  $-   $-   $-   $-   $36,945,000   $-   $-   $36,945,000 
Revenue, crypto assets mining   -    -    25,201,000    -    -    -    -    25,201,000 
Revenue, hotel and real estate operations   -    -    725,000    13,652,000    -    -    -    14,377,000 
Revenue, lending and trading activities   -    4,911,000    -    -    -    -    -    4,911,000 
Revenue, other   3,751,000    -    -    -    94,000    121,000    1,819,000    5,785,000 
Total revenue   3,751,000    4,911,000    25,926,000    13,652,000    37,039,000    121,000    1,819,000    87,219,000 
Cost of revenue   1,950,000    495,000    26,971,000    9,633,000    24,306,000    3,000    915,000    64,273,000 
Gross profit (loss)   1,801,000    4,416,000    (1,045,000)   4,019,000    12,733,000    118,000    904,000    22,946,000 
Operating expenses                                        
General and administrative   3,253,000    782,000    (479,000)   3,624,000    11,269,000    -    15,281,000    33,730,000 
Selling and marketing   1,019,000    -    -    -    -    11,509,000    -    12,528,000 
Research and development   310,000    -    -    -    -    4,501,000    -    4,811,000 
Impairment of property and equipment   -    -    10,500,000    9,246,000    -    -    -    19,746,000 
Total operating expenses   4,582,000    782,000    10,021,000    12,870,000    11,269,000    16,010,000    15,281,000    70,815,000 
(Loss) income from operations  $(2,781,000)  $3,634,000   $(11,066,000)  $(8,851,000)  $1,464,000   $(15,892,000)  $(14,377,000)   (47,869,000)
Other income (expense):                                        
Interest and other income                                      2,118,000 
Interest expense                                      (18,825,000)
Gain on conversion of investment in equity securities to marketable equity securities                                      17,900,000 
Gain on extinguishment of debt                                      502,000 
Loss from investment in unconsolidated entity                                      (1,958,000)
Impairment of equity securities                                      (6,266,000)
Provision for loan losses, related party                                      (3,068,000)
Gain on the sale of fixed assets                                      64,000 
Total other expense, net                                      (9,533,000)
Loss before income taxes                                     $(57,402,000)
                                         
Depreciation and amortization expense  $73,000   $-   $12,322,000   $2,162,000   $3,513,000   $57,000   $1,526,000   $19,653,000 
                                         
Interest expense  $-   $(5,000)  $(122,000)  $(5,345,000)  $(2,693,000)  $(2,215,000)  $(8,445,000)  $(18,825,000)
                                         
Capital expenditures for the nine months ended September 30, 2024  $53,000   $-   $1,675,000   $774,000   $2,054,000   $112,000   $94,000   $4,762,000 
                                         
Segment identifiable assets as of December 31, 2024  $3,050,000   $6,676,000   $35,260,000   $69,130,000   $45,524,000   $1,130,000   $59,701,000   $220,471,000 

 

The following data presents the revenues, expenditures and other operating data of the Company and its operating segments for the three months ended September 30, 2024:

 

                                 
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue, crane operations  $-   $-   $-   $-   $12,327,000   $-   $-   $12,327,000 
Revenue, crypto assets mining   -    -    5,264,000    -    -    -    -    5,264,000 
Revenue, hotel and real estate operations   -    -    168,000    5,512,000    -    -    -    5,680,000 
Revenue, lending and trading activities   -    5,575,000    -    -    -    -    -    5,575,000 
Revenue, other   1,290,000    -    -    -    26,000    54,000    845,000    2,215,000 
Total revenue   1,290,000    5,575,000    5,432,000    5,512,000    12,353,000    54,000    845,000    31,061,000 
Cost of revenue   614,000    495,000    9,388,000    3,498,000    8,107,000    2,000    412,000    22,516,000 
Gross profit (loss)   676,000    5,080,000    (3,956,000)   2,014,000    4,246,000    52,000    433,000    8,545,000 
Operating expenses                                        
Research and development   97,000    -    -    -    -    4,501,000    -    4,598,000 
Selling and marketing   326,000    -    -    -    -    4,429,000    -    4,755,000 
General and administrative   1,732,000    596,000    (569,000)   1,992,000    3,732,000    -    4,513,000    11,996,000 
Impairment of property and equipment   -    -    10,500,000    1,291,000    -    -    -    11,791,000 
Total operating expenses   2,155,000    596,000    9,931,000    3,283,000    3,732,000    8,930,000    4,513,000    33,140,000 
(Loss) income from operations  $(1,479,000)  $4,484,000   $(13,887,000)  $(1,269,000)  $514,000   $(8,878,000)  $(4,080,000)   (24,595,000)
Other income (expense):                                        
Interest and other income                                      766,000 
Interest expense                                      (7,766,000)
Loss on extinguishment of debt                                      (240,000)
Gain on the sale of fixed assets                                      32,000 
Total other expense, net                                      (7,208,000)
Loss before income taxes                                     $(31,803,000)
                                         
Depreciation and amortization expense  $25,000   $-   $4,170,000   $1,771,000   $1,426,000   $19,000   $494,000   $7,905,000 
                                         
Interest expense  $157,000   $3,000   $(4,000)  $(2,362,000)  $(682,000)  $328,000   $(5,206,000)  $(7,766,000)
                                         
Capital expenditures for the three months ended September 30, 2024  $-   $-   $692,000   $73,000   $1,415,000   $29,000   $24,000   $2,233,000