XML 50 R36.htm IDEA: XBRL DOCUMENT v3.25.1
SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Dec. 31, 2024
USD ($)
renewal_option
Feb. 29, 2024
dataCenterHostingContract
Mar. 31, 2025
USD ($)
hour
renewal_option
miningPoolOperator
bitcoinMiner
$ / shares
shares
Mar. 31, 2024
USD ($)
Jan. 01, 2024
USD ($)
Dec. 31, 2023
USD ($)
Oct. 31, 2022
$ / shares
Significant Accounting Policies [Line Items]              
Crypto asset, mining pool, contract term | hour     24        
Revenue     $ 34,405 $ 42,433      
Number of data center hosting contracts | dataCenterHostingContract   1          
Quoted price of bitcoin     38        
Miner hosting revenue     $ 0 800      
Lease not yet commenced, term 10 years   10 years        
Lease not yet commenced, number of renewal options | renewal_option 2   2        
Lease not yet commenced, renewal option term 5 years   5 years        
Power curtailment credits     $ 2,800 1,200      
Cash, cash equivalents, restricted cash, and restricted cash equivalents $ 274,065   218,162 45,824   $ 54,439  
Cash exceeding FDIC limit     1,600        
Accumulated deficit $ (332,276)   (393,694)        
(Loss) gain on fair value of digital currency, net     $ (900) 1,300      
Number suppliers for bitcoin miners | bitcoinMiner     1        
Number of mining pool operators | miningPoolOperator     1        
Number of common stock issued upon conversion of preferred stock (in shares) | shares     1,300,000        
Warrants outstanding (in shares) | shares     17,266,733        
Exercise price of warrants (in dollars per share) | $ / shares     $ 1.38       $ 1.93
Net loss     $ 61,418 9,613      
Reportable Segment              
Significant Accounting Policies [Line Items]              
Net loss     $ 61,400 9,600      
Restricted Stock Units (RSUs)              
Significant Accounting Policies [Line Items]              
Number of shares outstanding (in shares) | shares     4,797,319        
Cumulative Effect, Period of Adoption, Adjusted Balance              
Significant Accounting Policies [Line Items]              
Accumulated deficit         $ 37    
Crypto Mining              
Significant Accounting Policies [Line Items]              
Revenue     $ 34,400 $ 41,600