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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Product revenue $ 2,559 $ 1,232 $ 9,977 $ 2,831
Services revenue 900 634 2,055 1,047
Total Revenues 3,459 1,866 12,032 3,878
Operating costs and expenses        
Product cost 2,302 1,141 7,006 2,532
Services cost 655 364 1,408 606
Sales and marketing 267 320 928 619
General and administrative 1,373 3,347 6,559 7,711
Impairment of digital assets 71 325 2,494 325
Management fees 322
Depreciation 3
Amortization of intangibles 144 143 430 264
Total Operating Costs and Expenses 4,812 5,640 18,825 12,382
Loss from Operations (1,353) (3,774) (6,793) (8,504)
Other Income (Expenses)        
Merger charges (22,004)
Debt Restructuring fee (2,000)
Interest expense (717) (1,297) (2,455) (1,280)
Realized gain on sale of digital assets 227 3 1,498 91
Revaluation of conversion feature derivative liability 1,147 (814) (1,559) (814)
Gain (loss) on extinguishment of debt 436 (1,008)
Change in fair value of shares issued 301 263
Other income, net 17 39 20 11
Total Other (Expense) Income 1,411 (2,069) (3,241) (25,996)
Income (loss) from continuing operations before income taxes 58 (5,843) (10,034) (34,500)
Income tax benefit
Income (loss) from continuing operations 58 (5,843) (10,034) (34,500)
Income (loss) from discontinued operations (1,129) 1,143 (1,067) 5,268
Net Loss $ (1,071) $ (4,700) $ (11,101) $ (29,232)
Net income (loss) per share - basic and diluted – continuing operations (in Dollars per share) $ 0.0001 $ (0.037) $ (0.031) $ (0.262)
Net income per share – basic and diluted – discontinued operations (in Dollars per share) $ (0.002) $ 0.007 $ (0.003) $ 0.04
Weighted Average Shares Outstanding - basic and diluted (in Shares) 500,173,946 159,448,204 318,558,213 131,863,780