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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,257,000) $ (18,183,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt issuance costs, commitment fees and accretion of debt discount 3,549,000 2,458,000
Related party expense to be settled with respect to common stock 313,000  
Common stock issued for interest expense 26,000  
Stock-based compensation expense 876,000  
Depreciation 5,433,000 4,000
Amortization of right-of-use asset 250,000 20,000
Increase in digital currency from mining (9,940,000) (217,000)
Impairment of digital currency 627,000 5,000
Realized gain on sale of digital currency (603,000)  
Proceeds from sale of digital currency 9,982,000  
Equity in net loss of investee, net of tax 10,167,000 788,000
Loss from discontinued operations, net of tax 35,000 2,906,000
Changes in operating assets and liabilities:    
Decrease (increase) in prepaid expenses 717,000 (4,449,000)
Decrease in amounts due from related parties   815,000
Increase in other current assets (241,000) (34,000)
Increase in other assets (83,000) (848,000)
Decrease in accounts payable (2,435,000) (3,978,000)
(Decrease) increase in other accrued liabilities (1,354,000) 4,756,000
Increase in other amounts due to related parties 325,000 776,000
Decrease in operating lease liability (10,000) (21,000)
Net cash used in operating activities from continuing operations (8,623,000) (15,202,000)
Net cash used in operating activities from discontinued operations (90,000) (50,000)
Net cash used in operating activities (8,713,000) (15,252,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investments in joint venture, including direct payments made on behalf of joint venture (2,285,000) (19,072,000)
Reimbursable payments for deposits on plant and equipment made on behalf of a joint venture or joint venture partner   (11,402,000)
Reimbursement of payments for deposits on plant and equipment made on behalf of a joint venture or joint venture partner   11,402,000
Purchase of and deposits on plant and equipment (9,986,000) (27,745,000)
Payment of contingent value rights liability (3,899,000)  
Net cash used in investing activities (16,170,000) (46,817,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from insurance premium financing 295,000 4,706,000
Principal payments on insurance premium financing (1,451,000) (1,559,000)
Proceeds from issuance of common stock, net of issuance costs paid of $995 and $142 26,562,000 6,787,000
Proceeds from common stock to be issued, net of issuance costs of $56 and $0 4,390,000  
Proceeds from warrant issuances 2,500,000  
Proceeds from issuance of preferred stock   9,266,000
Proceeds from issuance of convertible promissory note 1,250,000  
Net cash provided by financing activities 33,546,000 19,200,000
Net change in cash and cash equivalents and restricted cash 8,663,000 (42,869,000)
Cash and cash equivalents and restricted cash at beginning of period 8,323,000  
Cash and cash equivalents and restricted cash at end of period 16,986,000 3,586,000
Cash paid during the period for:    
Interest $ 5,399,000 $ 1,427,000