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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 37,042 $ 209,841
Receivables, related party 467  
Prepaid and other current assets 9,554 13,819
Cryptocurrencies 787  
Total current assets 47,850 223,660
Deposits on equipment 196,707 114,857
Property and equipment, net 23,637 5,124
Security deposits 11,417 10,352
Investment in equity investee 56,828  
Right-of-use asset 5,512  
Deferred investment cost   174
Total assets 341,951 354,167
Current liabilities    
Accounts payable 4,739 242
Accounts payable, related party 12,038  
Operating lease liability, current portion 975  
Accrued expenses 5,811 257
Total current liabilities 23,563 499
Operating lease liability, net of current portion 5,023  
Warrant liability 26 137
Total liabilities 28,612 636
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding as of June 30, 2022 and December 31, 2021
Common stock, $0.001 par value, 500,000,000 shares authorized, 251,001,072 and 252,131,679 shares issued as of June 30, 2022 and December 31, 2021, respectively, and 247,489,582 and 249,279,420 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 251 252
Additional paid-in capital 431,966 425,438
Treasury stock, at par, 3,511,490 and 2,852,259 shares at June 30, 2022 and December 31, 2021, respectively (4) (3)
Accumulated deficit (118,874) (72,156)
Total stockholders' equity 313,339 353,531
Total liabilities and stockholders' equity $ 341,951 $ 354,167