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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 99 $ 67
Digital assets 105 24
Accounts receivable, net 491
Related party receivables 17
Prepaid expenses and other current assets 1,093
Total Current Assets 1,788 108
Mining equipment, net 13,781 1,272
Intangible assets, net 2,839
Goodwill 1,634
Investment in Up North Hosting, LLC 688 644
Other assets 33
Total Assets 20,763 2,024
Current Liabilities    
Accounts payable 6,986 7
Accrued liabilities 1,517 117
Short-term debt, related parties 2,226 75
Deferred revenue 562
Total Current Liabilities 11,291 199
Other liabilities 36
Total Liabilities 11,327 199
Commitments and Contingencies
Stockholders’ Equity    
Common stock, par value $0.00001 per share, 500,000,000 shares authorized; 143,588,591 shares issued as of June 30, 2021, and 66,431,920 shares issued as of December 31, 2020, 143,513,212 shares outstanding as of June 30, 2021, and 66,431,920 shares outstanding as of December 31, 2020, respectively 1
Treasury stock, at cost, 75,379 shares as of June 30, 2021, and 0 shares as of December 31, 2020, respectively
Subscription receivable (100)
Additional paid-in-capital 34,103 2,060
Accumulated Deficit (24,668) (135)
Total Stockholders’ Equity 9,436 1,825
Total Liabilities and Stockholders’ Equity $ 20,763 $ 2,024