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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 921 $ 43,448
Restricted cash 1 3,007
Digital currency, net 651  
Prepaid expenses 4,358 1,494
Amounts due from related parties   647
Other current assets 446 108
Current assets held for sale 15,196 19,348
Total current assets 21,573 68,052
Equity in net assets of investee 140,073 104,280
Property, plant and equipment, net 154,096 91,446
Right-of-use asset 983 1,024
Other assets 2,411 109
TOTAL ASSETS 319,136 264,911
CURRENT LIABILITIES:    
Accounts payable 13,407 11,791
Accrued construction liabilities 3,315 3,892
Other accrued liabilities 6,374 3,771
Share based liabilities due to related party 12,500 12,500
Other amounts due to related parties 1,042 60
Contingent value rights 10,594 12,000
Current portion of operating lease liability 91 88
Insurance premium financing payable 1,579  
Miner exchange liability 15,997  
Convertible promissory note 14,693  
Current portion of long-term debt 15,437  
Current liabilities held for sale 2,494 1,755
Total current liabilities 97,523 45,857
Operating lease liability, net of current portion 947 992
Deferred tax liabilities, net 256 256
Long-term debt 85,393 94,627
TOTAL LIABILITIES 184,119 141,732
Commitments and Contingencies (See Note 12)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.001 par value, 25,000,000 authorized at June 30, 2022 and December 31, 2021; 9,556 and 0 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 9,557
Common stock, $0.001 par value, 200,000,000 authorized at June 30, 2022 and December 31, 2021; 104,969,199 and 99,976,253 issued and outstanding at June 30, 2022 and December 31, 2021, respectively 105 100
Additional paid-in capital 253,174 218,762
Accumulated deficit (127,819) (95,683)
Total stockholders' equity 135,017 123,179
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 319,136 $ 264,911