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Segment Reporting
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Reporting Segment Information
In the prior year, the Company had two operating segments, (1) Bitcoin Mining and (2) Service and Product. The segment disclosures present the measure(s) used by the chief operating decision maker to decide how to allocate resources and for purposes of assessing such segments’ performance. On December 28, 2023, the Company sold its Service and Product segment. As of January 1, 2024, the Company has one operating segment and one reporting segment.
The Bitcoin Mining segment generates revenue through its Bitcoin mining activities. The Company generates its Bitcoin mining revenue from two mining pool operators. The Company’s revenue from Bitcoin mining is generated in the United States.
The Service and Product segment generated revenue from customer contracts for service and extended service contract and the sale of products related to the Company’s data storage product line. The Company’s revenue from service and product was generated in the United States.
Summary information by segment (in thousands):
Three months ended September 30, 2023Bitcoin MiningService and ProductUnallocatedTotal Consolidated
Revenue$5,102 $622 $— $5,724 
Segment gross profit$810 $401 $— $1,211 
Segment loss from operations$(1,569)$(124)$(4,711)$(6,404)
Interest expense$— $— $10 $10 
Depreciation and amortization$1,999 $3 $26 $2,028 
Nine months ended September 30, 2023Bitcoin MiningService and ProductUnallocatedTotal Consolidated
Revenue$12,592 $1,624 $— $14,216 
Segment gross profit$2,261 $896 $— $3,157 
Segment loss from operations$(2,281)$(866)$(11,693)$(14,840)
Capital expenditures$1,561 $— $— $1,561 
Interest expense$— $— $1,183 $1,183 
Depreciation and amortization$4,330 $20 $78 $4,428 
Service and product had the following customers that represented more than 10% of segment revenue.
Three Months
Ended September 30,		Nine Months
Ended September 30,
2024202320242023
Customer A— 19.1 %— 22.2 %
Customer B— 12.0 %— 13.5 %
Customer C— 13.3 %— 11.8 %
Customer D— 17.3 %— —