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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:        
Consolidated net loss $ (120,372,000) [1] $ (14,025,000) [1] $ (218,269,000) $ (14,656,000)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:        
Depreciation of fixed assets 12,983,000 14,909,000 26,922,000 29,896,000
Amortization of intangible assets 2,051,000 1,891,000 4,159,000 3,637,000
Stock-based compensation to employees and directors 9,408,000 1,985,000 11,500,000 4,161,000
Deferred income taxes, net (298,000) (2,796,000) 67,697,000 (2,445,000)
Gain on investment in precious metals 0 0 (1,971,000) (201,000)
Impairment of cryptocurrencies 9,491,000 0 9,491,000 0
Gain on sale of cryptocurrencies (8,348,000) 0 (10,343,000) 0
Impairment of equity securities 0 4,500,000 987,000 7,350,000
Early extinguishment costs of long term debts 283,000 0 2,747,000 0
Other (609,000) 65,000 202,000 423,000
Changes in operating assets and liabilities, net of acquisitions:        
Accounts receivable, net 1,882,000 7,391,000 (7,447,000) (1,446,000)
Inventories, net 120,000 3,785,000 1,569,000 2,366,000
Prepaid inventories, net 554,000 897,000 144,000 3,000
Prepaids and other current assets (8,234,000) (9,213,000) (2,307,000) (3,809,000)
Other long-term assets, net (3,827,000) (147,000) (5,987,000) (729,000)
Accounts payable 6,686,000 (30,601,000) 16,292,000 (3,127,000)
Accrued liabilities 26,911,000 (22,391,000) 36,991,000 3,578,000
Deferred revenue 1,216,000 (2,643,000) 8,547,000 (4,933,000)
Other long-term liabilities (476,000) 136,000 (467,000) 194,000
Net cash (used in) provided by operating activities (70,579,000) (46,257,000) (59,543,000) 20,262,000
Cash flows from investing activities:        
Purchases of intangible assets (9,241,000) 0 (9,664,000) 0
Proceeds from sale of precious metals 0 0 11,917,000 1,610,000
Investment in precious metals 0 0 0 (1,633,000)
Disbursement of note receivable (200,000) (250,000) (700,000) (868,000)
Investment in equity securities (29,570,000) (3,188,000) (31,570,000) (3,938,000)
Acquisitions of businesses, net of cash acquired (12,912,000) 0 (12,912,000) 28,000
Expenditures for fixed assets, including internal-use software and website development (12,749,000) (16,450,000) (19,885,000) (45,883,000)
Other 22,000 (115,000) 207,000 (118,000)
Net cash used in investing activities (64,650,000) (20,003,000) (62,607,000) (50,802,000)
Cash flows from financing activities:        
Payments on capital lease obligations (248,000) 0 (331,000) 0
Payments on interest swap 0 0 (1,535,000) (224,000)
Proceeds from finance obligations 0 0 0 5,325,000
Payments on finance obligations 0 (1,622,000) (13,694,000) (2,731,000)
Proceeds from long-term debt 0 0 40,000,000 12,621,000
Payments on long-term debt (40,000,000) (469,000) (85,297,000) (469,000)
Payments of preferred dividends 0 0 (109,000) 0
Proceeds from exercise of stock options 0 654,000 10,000 1,473,000
Proceeds from rights offering, net of offering costs 0 0 0 7,591,000
Proceeds from issuance and exercise of stock warrants 50,587,000 0 157,049,000 0
Proceeds from security token offering, net of offering costs 78,442,000 0 79,347,000 0
Purchase of treasury stock 0 (10,000,000) 0 (10,000,000)
Payments of taxes withheld upon vesting of restricted stock (4,526,000) (1,085,000) (4,670,000) (1,323,000)
Payment of debt issuance costs 0 (251,000) (419,000) (251,000)
Net cash provided by (used in) financing activities 84,255,000 (12,773,000) 170,351,000 12,012,000
Net increase (decrease) in cash, cash equivalents and restricted cash (50,974,000) (79,033,000) 48,201,000 (18,528,000)
Cash, cash equivalents and restricted cash, beginning of period 203,670,000 183,528,000 104,495,000 123,023,000
Cash, cash equivalents and restricted cash, end of period 152,696,000 104,495,000 152,696,000 104,495,000
Cash paid during the period:        
Interest paid, net of amounts capitalized 1,113,000 1,308,000 2,745,000 2,238,000
Income taxes paid, net of refunds 7,000 183,000 311,000 977,000
Non-cash investing and financing activities:        
Fixed assets, including internal-use software and website development, costs financed through accounts payable and accrued liabilities 735,000 690,000 735,000 690,000
Equipment acquired under capital lease obligations 0 0 1,421,000 0
Capitalized interest cost 0 0 0 27,000
Change in fair value of cash flow hedge 0 (100,000) (1,638,000) (3,044,000)
Note receivable converted to equity investment 200,000 869,000 699,000 3,719,000
Acquisition of assets through stock issuance $ 2,930,000 $ 0 $ 2,930,000 $ 0
[1] Net income (loss) presented for segment reporting purposes is before any adjustments attributable to noncontrolling interests.