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Cryptocurrencies
6 Months Ended
Jun. 30, 2022
CryptocurrenciesAbstract  
Cryptocurrencies

NOTE 5. CRYPTOCURRENCIES

The following table presents information about the Company’s cryptocurrencies (Bitcoin) (amounts in thousands):

 

Balance, December 31, 2021

 

$

-

 

Cryptocurrencies received from equity investee

 

 

1,326

 

Impairment of cryptocurrencies

 

 

(539

)

Balance, June 30, 2022

 

$

787

 

 

The Company’s cryptocurrency activity for the six months ended June 30, 2022 was all from Bitcoin. The Company had no cryptocurrency activity during the five months ended June 30, 2021.

 

During the six months ended June 30, 2022, the Company recorded impairment charges of $0.5 million on its cryptocurrency holdings as shown in the table above.