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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 1,279 $ 43,448
Restricted cash 7,044 3,007
Digital currency, net 183  
Prepaid expenses 5,095 1,494
Amounts due from related parties   647
Other current assets 543 108
Current assets held for sale   19,348
Total current assets 14,144 68,052
Equity in net assets of investee 98,741 104,280
Property, plant and equipment, net 191,521 91,446
Right-of-use asset 11,944 1,024
Other assets 1,337 109
TOTAL ASSETS 317,687 264,911
CURRENT LIABILITIES:    
Accounts payable 21,862 11,791
Accrued construction liabilities 2,903 3,892
Other accrued liabilities 14,963 3,771
Share based liabilities due to related party 14,583 12,500
Other amounts due to related parties 3,295 60
Contingent value rights 10,900 12,000
Current portion of operating lease liability 42 88
Insurance premium financing payable 2,117  
Convertible promissory notes 3,416  
Current portion of long-term debt 51,938  
Current liabilities held for sale   1,755
Total current liabilities 126,019 45,857
Operating lease liability, net of current portion 947 992
Deferred tax liabilities, net   256
Long-term debt 72,967 94,627
TOTAL LIABILITIES 199,933 141,732
Commitments and Contingencies (See Note 12)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.001 par value, 25,000,000 authorized at December 31, 2022 and 2021; 9,566 and 0 shares issued and outstanding at December 31, 2022 and 2021, respectively; aggregate liquidation preference of $10,349 and $0 at December 31, 2022 and 2021 9,273
Common stock, $0.001 par value, 200,000,000 authorized at December 31, 2022 and 2021; 145,492,971 and 99,976,253 issued and outstanding at December 31, 2022 and 2021, respectively 145 100
Additional paid-in capital 294,810 218,762
Accumulated deficit (186,474) (95,683)
Total stockholders' equity 117,754 123,179
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 317,687 $ 264,911