SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

Supplemental Disclosure of Cash Flow Information

The following table shows supplemental cash flow information (in thousands):


	Nine Months Ended September 30,
	2023		2022
Supplemental disclosure of non-cash activities:
Right-of-use asset obtained in exchange for lease obligations	$	—	$	11,223
Contribution of plant and equipment or deposits on plant and equipment to joint venture	$	35,792	$	—
Common stock issuance costs in accounts payable	$	—	$	150
Preferred stock issuance costs in other accrued liabilities or accounts payable	$	—	$	293
Purchases of and deposits on plant and equipment in accounts payable, accrued construction liabilities, other accrued liabilities and long-term debt	$	6,081	$	10,100
Purchases of and deposits on plant and equipment with digital currency	$	269	$	—
Investment in joint venture in other accrued liabilities, other amounts due to related parties and long-term debt	$	452	$	2,043
Convertible promissory notes converted to common stock	$	4,666	$	—
Increase to preferred stock liquidation preference from accumulating dividends	$	—	$	531
Convertible promissory note deferred issuance costs in accounts payable	$	—	$	104
Common stock issued for share based liabilities due to related party	$	15,000	$	—
Common stock issued pursuant to operating lease amendment	$	—	$	11,489
Common stock issued for payment on convertible promissory note	$	—	$	168
Common stock warrants issued for long-term debt commitment fee	$	—	$	2,306
Common stock warrants issued for discount on long-term debt	$	16,036	$	3,458
Decrease to investment in joint venture and increase in plant and equipment for distribution or transfer of nonmonetary assets	$	6,867	$	51,978
Decrease to investment in joint venture due to bitcoin received as distribution from investee	$	11,682	$	—
Common stock reacquired in exchange for warrants	$	12,479	$	—

Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that total to the amounts shown in the consolidated statements of cash flows (in thousands):


	September 30, 2023		December 31, 2022
Cash and cash equivalents	$	6,595	$	1,279
Restricted cash	—		7,044
Cash and cash equivalents and restricted cash	$	6,595	$	8,323