XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment

Property and equipment, net consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Miners and mining equipment

 

$

79,909

 

 

$

-

 

Leasehold improvements

 

 

94,807

 

 

 

-

 

Software

 

 

596

 

 

 

-

 

Office and computer equipment

 

 

88

 

 

 

60

 

Autos

 

 

73

 

 

 

-

 

Furniture and fixtures

 

 

69

 

 

 

-

 

Construction-in-progress

 

 

20,437

 

 

 

5,069

 

Total cost of property and equipment

 

 

195,979

 

 

 

5,129

 

Less: accumulated depreciation

 

 

(4,195

)

 

 

(5

)

Property and equipment, net

 

$

191,784

 

 

$

5,124