Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
CASH FLOW FROM OPERATING ACTIVITIES
Net Income (loss) attributable to Applied Blockchain	$ (20,713)	$ (223)
Net Loss from discontinued operations	(2,870)	0
Net Loss from continuing operations	(17,843)	(223)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	14	0
Loss on extinguishment of debt	1,342	0
Gain on Extinguishment of Accounts Payable	(405)	0
Stock-based compensation for service agreement	12,337	0
Amortization of Right of Use Asset	136	0
Deferred Tax	274	0
Changes in Operating Assets and liabilities:
Accounts receivable	(1,038)	0
Prepaid expenses and other current assets	(2,091)	0
Accounts payable and accrued liabilities	10,654	223
Payments of operating leases	(233)	0
Net cash provided by operating activities of continuing operations	3,147	0
Net cash provided by operating activities of discontinued operations	966	0
NET CASH PROVIDED BY OPERATING ACTIVITIES	4,113	0
CASH FLOW FROM INVESTING ACTIVITIES
Purchases of property and equipment	(31,457)
Deposit on equipment	3,277	0
Payments for patents and trademarks	0	0
Net cash used in investing activities of continuing operations	(28,180)	0
Net cash used in investing activities of discontinued operations	(7,408)	0
NET CASH USED IN INVESTING ACTIVITIES	(35,588)	0
CASH FLOW FROM FINANCING ACTIVITIES
Dividends Issued on preferred stock	0	0
Conversion of preferred stock to common stock	115	0
Issuance of common stock	0	0
Issuance of preferred stock	34,500	0
Repayment of finance leases	(2)	0
Issuance cost for preferred stock	(2,927)	0
Net cash provided by financing activities of continuing operations	31,686	0
Net cash provided by financing activities of discontinued operations	0	0
CASH FLOW PROVIDED BY FINANCING ACTIVITIES	31,686	0
NET DECREASE IN CASH AND CASH EQUIVALENTS	211	0
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	11,750
CASH AND CASH EQUIVALENTS, END OF YEAR	11,961	0
Less: cash and cash equivalents of discontinued operations	0	0
Cash and cash equivalents of continuing operations	11,961	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Right-of-use asset obtained by lease obligation	1,207	0
Fixed assets in accounts payable	$ 12,156	$ 0