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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 16,985 $ 1,279
Restricted cash 1 7,044
Digital currency, net 117 183
Prepaid expenses 4,378 5,095
Other current assets 739 543
Total current assets 22,220 14,144
Equity in net assets of investee 122,035 98,741
Property, plant and equipment, net 159,415 191,521
Right-of-use asset 11,694 11,944
Other assets 1,417 1,337
Total assets 316,781 317,687
CURRENT LIABILITIES:    
Accounts payable 18,966 21,862
Accrued construction liabilities 729 2,903
Other accrued liabilities 9,119 14,963
Share based liabilities due to related party 14,896 14,583
Other amounts due to related parties 4,406 3,295
Contingent value rights 7,001 10,900
Current portion of operating lease liability 43 42
Insurance premium financing payable 961 2,117
Convertible promissory notes   3,416
Current portion of long-term debt   51,938
Total current liabilities 56,121 126,019
Operating lease liability, net of current portion 936 947
Long-term debt 113,411 72,967
TOTAL LIABILITIES 170,468 199,933
Commitments and Contingencies (See Note 12)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.001 par value, 100,000,000 and 25,000,000 authorized at March 31, 2023 and December 31, 2022, respectively; 9,566 issued and outstanding at March 31, 2023 and December 31, 2022; aggregate liquidation preference of $10,608 and $10,349 at March 31, 2023 and December 31, 2022, respectively 9,273 9,273
Common stock, $0.001 par value, 400,000,000 and 200,000,000 authorized at March 31, 2023 and December 31, 2022, respectively; 186,268,682 and 145,492,971 issued and outstanding at March 31, 2023 and December 31, 2022, respectively 186 145
Common stock to be issued 4,390  
Additional paid-in capital 345,195 294,810
Accumulated deficit (212,731) (186,474)
Total stockholders' equity 146,313 117,754
Total liabilities and equity $ 316,781 $ 317,687