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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,743,363) $ (12,804,952)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 4,765,770 1,970,993
Noncash lease expense 52,579 47,874
Stock compensation 76,322 564,930
Stock option expense 221,609 1,342,095
Accrued investment income (25,265) (91,864)
Digital assets other income (4,490)  
Gain on fair value of Bitcoin, net (3,049,956)  
Impairment loss on mining machines 1,188,058  
Impairment loss on digital assets   439,153
Impairment loss on hosting deposits   36,691
Unrealized gain on marketable securities (4,280) (4,378)
Unrealized loss on investment and equity securities 505,758 9,539,535
Loss on disposal of fixed assets 42,057  
Realized gain on sale of digital assets   (1,072,708)
Reversal of allowance loss on debt security   (1,052,543)
Change in operating assets and liabilities:    
Prepaid expenses and other assets 3,218,789 (85,713)
Hosting deposits   (193,897)
Advances (repayments) to related party 30,730 (7,271)
Accounts payable and accrued expenses (718,557) 434,241
Mining of digital assets (7,490,981) (5,059,173)
Proceeds from sale of digital assets   4,579,676
Lease liability payments (53,044) (45,913)
Net cash used in operating activities (5,988,264) (1,463,224)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (1,226,602) (1,744,609)
Proceeds from sale of fixed assets 78,806  
Investment in Tech Infrastructure JV I LLC note receivable (2,094,351)  
Collection of notes receivable 1,449,066 1,661,171
Investment in digital assets   (35,157)
Proceeds from sale of digital assets 4,543,685 43,678
Symbiont asset acquisition   (402,359)
Distribution to members (19,616)  
Net cash from (used in) investing activities 2,715,914 (464,571)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings 1,500,000  
Insurance financing repayments (483,833) (357,649)
Insurance financing   1,227
Issue costs from the issuance of common stock   (106,550)
Net cash from (used in) financing activities 1,016,167 (462,972)
NET DECREASE IN CASH (2,256,183) (2,390,767)
CASH - BEGINNING OF PERIOD 2,401,831 4,238,006
CASH - END OF PERIOD 145,648 1,847,239
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES    
ROU assets and operating lease obligation recognized   21,887
Reclassification of mining equipment deposit to fixed assets, net   1,172,888
Change in accounting principle (see Note 1) 614,106  
SUPPLEMENTAL DISCLOSURES OF CASHFLOW INFORMATION    
Cash paid for interest 134,751  
Original Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables (14,443) (1,824)
Special Product [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net collections of finance receivables $ (631) $ 14,529