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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 4,466 $ 43,448
Restricted cash 7,265 3,007
Digital currency, net 60  
Prepaid expenses 3,140 1,494
Amounts due from related parties   647
Other current assets 1,174 108
Current assets held for sale   19,348
Total current assets 16,105 68,052
Equity in net assets of investee 76,727 104,280
Property, plant and equipment, net 202,130 91,446
Right-of-use asset 12,194 1,024
Other assets 2,710 109
TOTAL ASSETS 309,866 264,911
CURRENT LIABILITIES:    
Accounts payable 18,278 11,791
Accrued construction liabilities 4,701 3,892
Other accrued liabilities 10,287 3,771
Share based liabilities due to related party 12,500 12,500
Other amounts due to related parties 2,477 60
Contingent value rights 10,594 12,000
Current portion of operating lease liability 41 88
Insurance premium financing payable 130  
Convertible promissory note 11,926  
Current portion of long-term debt 34,625  
Current liabilities held for sale   1,755
Total current liabilities 105,559 45,857
Operating lease liability, net of current portion 958 992
Deferred tax liabilities, net   256
Long-term debt 81,506 94,627
TOTAL LIABILITIES 188,023 141,732
Commitments and Contingencies (See Note 12)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.001 par value, 25,000,000 authorized at September 30, 2022 and December 31, 2021; 9,566 and 0 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 9,804
Common stock, $0.001 par value, 200,000,000 authorized at September 30, 2022 and December 31, 2021; 115,446,401 and 99,976,253 issued and outstanding at September 30, 2022 and December 31, 2021, respectively 115 100
Additional paid-in capital 273,978 218,762
Accumulated deficit (162,054) (95,683)
Total stockholders' equity 121,843 123,179
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 309,866 $ 264,911