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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2021
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 3,864,000     $ 5,466,000
Cost of revenue (exclusive of depreciation shown below) 5,181,000     5,804,000
Gross profit (1,317,000)     (338,000)
Cost of operations:        
Operating expenses 261,000   $ 93,000 1,689,000
Operating expenses - related party 603,000 $ 36,000 911,000 812,000
Selling, general and administrative expenses 5,934,000 3,963,000 6,747,000 16,253,000
Selling, general and administrative expenses - related party 2,948,000 2,035,000 4,226,000 8,187,000
Depreciation 1,515,000     1,719,000
Realized gain on sale of digital currency (127,000)     (127,000)
Impairment of digital currency 119,000     682,000
Loss on nonmonetary miner exchange 804,000     804,000
Total cost of operations 12,057,000 6,034,000 11,977,000 30,019,000
Operating loss (13,374,000) (6,034,000) (11,977,000) (30,357,000)
Interest expense (7,230,000)     (16,691,000)
Loss before income tax and equity in net loss of investee (20,604,000) (6,034,000) (11,977,000) (47,048,000)
Income tax benefit (256,000)     (256,000)
Equity in net loss of investee, net of tax (12,739,000) (188,000) (328,000) (14,611,000)
Loss from continuing operations (33,087,000) (6,222,000) (12,305,000) (61,403,000)
Loss from discontinued operations, net of tax (901,000)     (4,437,000)
Net loss (33,988,000) (6,222,000) (12,305,000) (65,840,000)
Preferred stock dividends 247,000     531,000
Net loss attributable to common stockholders $ (34,235,000) $ (6,222,000) $ (12,305,000) $ (66,371,000)
Loss per common share:        
Continuing operations, basic $ (0.31) $ (0.07) $ (0.15) $ (0.59)
Continuing operations, diluted (0.31) (0.07) (0.15) (0.59)
Discontinued operations, basic (0.01)     (0.04)
Discontinued operations, diluted (0.01)     (0.04)
Earnings per share, basic (0.32) (0.07) (0.15) (0.63)
Earnings per share, diluted $ (0.32) $ (0.07) $ (0.15) $ (0.63)
Weighted average common shares outstanding:        
Basic 108,839,269 89,328,574 82,577,615 104,391,923
Diluted 108,839,269 89,328,574 82,577,615 104,391,923