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Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

Year Ended December 31, 2022

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

Revenue, net

$

788,391

 

$

945,560

 

$

-

 

$

1,733,951

 

Depreciation and Amortization

 

3,348

 

 

471,049

 

 

3,623

 

 

478,020

 

Operating loss

 

(1,122,872

)

 

(1,014,327

)

 

(22,538,786

)

 

(24,675,985

)

Realized loss on securities

 

-

 

 

-

 

 

(349,920

)

 

(349,920

)

Realized gain on convertible debt securities

 

-

 

 

-

 

 

287,778

 

 

287,778

 

Realized gain on sale of digital assets

 

-

 

 

-

 

 

20,254

 

 

20,254

 

Unrealized gain on investment and equity securities

 

-

 

 

-

 

 

4,423,985

 

 

4,423,985

 

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(56,830

)

 

(56,830

)

Impairment loss on digital assets

 

-

 

 

-

 

 

(467,406

)

 

(467,406

)

Impairment loss on prepaid deposits

 

-

 

 

(3,150,000

)

 

-

 

 

(3,150,000

)

Impairment loss on prepaid hosting deposits

 

-

 

 

(1,790,712

)

 

-

 

 

(1,790,712

)

Digital assets other income

 

-

 

 

-

 

 

5,658

 

 

5,658

 

Interest income

 

-

 

 

-

 

 

399,094

 

 

399,094

 

Dividend income

 

-

 

 

-

 

 

3,875

 

 

3,875

 

Loss on disposal of assets

 

-

 

 

-

 

 

(38,054

)

 

(38,054

)

Loss before income taxes

 

(1,122,872

)

 

(5,993,094

)

 

(19,329,255

)

 

(26,445,221

)

Fixed Asset Additions

 

1,612

 

 

27,683,559

 

 

5,304

 

 

27,690,475

 

 

 

Year Ended December 31, 2021

 

 

Specialty Finance

 

Mining Operations

 

All Other

 

Total

 

Revenue, net

$

898,941

 

$

-

 

$

-

 

$

898,941

 

Depreciation and Amortization

 

10,409

 

 

-

 

 

678

 

 

11,087

 

Operating loss

 

(787,812

)

 

-

 

 

(7,644,567

)

 

(8,432,379

)

Realized gain on securities

 

-

 

 

-

 

 

13,817,863

 

 

13,817,863

 

Realized gain on sale of digital assets

 

-

 

 

-

 

 

502,657

 

 

502,657

 

Unrealized gain on investment and equity securities

 

-

 

 

-

 

 

886,543

 

 

886,543

 

Unrealized loss on convertible debt security

 

-

 

 

-

 

 

(407,992

)

 

(407,992

)

Unrealized loss on marketable securities

 

-

 

 

-

 

 

(1,387,590

)

 

(1,387,590

)

Impairment loss on digital assets

 

-

 

 

-

 

 

(23,720

)

 

(23,720

)

Dividend income

 

-

 

 

-

 

 

2,113

 

 

2,113

 

Interest income

 

-

 

 

-

 

 

211,427

 

 

211,427

 

Interest expense

 

-

 

 

-

 

 

(653

)

 

(653

)

Forgiveness of Debt

 

-

 

 

-

 

 

157,250

 

 

157,250

 

Income (loss) before income taxes

 

(787,812

)

 

-

 

 

6,117,106

 

 

5,329,294

 

Fixed Asset Additions

 

5,664

 

 

-

 

 

8,747

 

 

14,411