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Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

Three Months Ended September 30, 2022

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

 

 

 

 

 

 

 

 

 

Revenue, net

$

145,623

 

$

42,157

 

$

-

 

$

187,780

 

Depreciation and Amortization

 

1,191

 

 

36,697

 

 

729

 

 

38,617

 

Operating Income (loss)

 

(290,899

)

 

(122,005

)

 

(4,850,491

)

 

(5,263,395

)

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(13,000

)

 

(13,000

)

Impairment loss on digital assets

 

-

 

 

(870

)

 

(25,764

)

 

(26,634

)

Unrealized loss on investment and equity securities

 

-

 

 

-

 

 

(194,174

)

 

(194,174

)

Interest income

 

-

 

 

-

 

 

85,602

 

 

85,602

 

Dividend income

 

-

 

 

-

 

 

1,125

 

 

1,125

 

Income (loss) before income taxes

 

(290,899

)

 

(122,875

)

 

(4,996,702

)

 

(5,410,476

)

Fixed Asset Additions

 

1,612

 

 

3,354,895

 

 

-

 

 

3,356,507

 

 

 

Nine Months Ended September 30, 2022

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

 

 

 

 

 

 

 

 

 

Revenue, net

$

571,160

 

$

42,157

 

$

-

 

$

613,317

 

Depreciation and Amortization

 

4,746

 

 

36,697

 

 

2,275

 

 

43,718

 

Operating income (loss)

 

(926,114

)

 

(161,418

)

 

(14,579,983

)

 

(15,667,515

)

Realized loss on securities

 

-

 

 

-

 

 

(349,920

)

 

(349,920

)

Realized gain on convertible debt securities

 

-

 

 

-

 

 

287,778

 

 

287,778

 

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(36,900

)

 

(36,900

)

Impairment loss on digital assets

 

-

 

 

(870

)

 

(403,471

)

 

(404,341

)

Unrealized gain on investment and equity securities

 

-

 

 

-

 

 

11,034,828

 

 

11,034,828

 

Digital assets other income

 

-

 

 

-

 

 

5,658

 

 

5,658

 

Interest income

 

-

 

 

-

 

 

264,947

 

 

264,947

 

Dividend income

 

-

 

 

-

 

 

3,875

 

 

3,875

 

Income (loss) before income taxes

 

(926,114

)

 

(162,288

)

 

(3,773,188

)

 

(4,861,590

)

Fixed Asset Additions

 

1,612

 

 

21,994,846

 

 

6,916

 

 

22,003,374

 

 

 

Three Months Ended September 30, 2021

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

 

 

 

 

 

 

 

 

 

Revenue, net

$

223,624

 

$

-

 

$

-

 

$

223,624

 

Depreciation and Amortization

 

4,308

 

 

-

 

 

174

 

 

4,482

 

Operating Income (loss)

 

(132,774

)

 

-

 

 

(2,061,988

)

 

(2,194,762

)

Realized loss on securities

 

-

 

 

-

 

 

(173,282

)

 

(173,282

)

Unrealized loss on convertible debt security

 

-

 

 

-

 

 

(2,588,916

)

 

(2,588,916

)

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(478,448

)

 

(478,448

)

Impairment loss on digital assets

 

-

 

 

-

 

 

(23,720

)

 

(23,720

)

Unrealized loss on investment and equity securities

 

-

 

 

-

 

 

(123,172

)

 

(123,172

)

Interest expense

 

-

 

 

-

 

 

(3,939

)

 

(3,939

)

Interest income

 

-

 

 

-

 

 

77,956

 

 

77,956

 

Dividend income

 

-

 

 

-

 

 

738

 

 

738

 

Income (loss) before income taxes

 

(132,774

)

 

-

 

 

(5,374,771

)

 

(5,507,545

)

Fixed Asset Additions

 

1,022

 

 

-

 

 

-

 

 

1,022

 

 

 

 

 

Nine Months Ended September 30, 2021

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

 

 

 

 

 

 

 

 

 

Revenue, net

$

567,427

 

$

-

 

$

-

 

$

567,427

 

Depreciation and Amortization

 

9,264

 

 

-

 

 

212

 

 

9,476

 

Operating Income (loss)

 

(555,807

)

 

-

 

 

(3,841,049

)

 

(4,396,856

)

Realized gain (loss) on securities

 

-

 

 

-

 

 

13,951,752

 

 

13,951,752

 

Unrealized gain (loss) on convertible debt security

 

-

 

 

-

 

 

(87,316

)

 

(87,316

)

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(478,448

)

 

(478,448

)

Impairment loss on digital assets

 

-

 

 

-

 

 

(23,720

)

 

(23,720

)

Unrealized gain on investment and equity securities

 

-

 

 

-

 

 

1,024,714

 

 

1,024,714

 

Interest income

 

-

 

 

-

 

 

164,895

 

 

164,895

 

Dividend income

 

-

 

 

-

 

 

738

 

 

738

 

Forgiveness of Debt

 

 

 

 

 

157,251

 

 

157,251

 

Income (loss) before income taxes

 

(555,807

)

 

-

 

 

10,868,164

 

 

10,312,357

 

Fixed Asset Additions

 

2,118

 

 

-

 

 

2,089

 

 

4,207