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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Income Statement [Abstract]    
Revenue - bitcoin mining   $ 3,037
Costs and operating expenses (income)    
Cost of revenue   748
General and administrative $ 72,147 70,836
Depreciation 5 4,378
Change in fair value of derivative asset   (73,479)
Power sales   (458)
Equity in losses of equity investees   36,972
Realized gain on sale of bitcoin   (6)
Impairment of bitcoin   1,467
Total costs and operating expenses 72,152 40,458
Operating loss (72,152) (37,421)
Other income (expense)    
Interest income 4 215
Interest expense (27) (137)
Change in fair value of warrant liability 22 130
Total other income (expense) (1) 208
Loss before taxes (72,153) (37,213)
Provision for income taxes 0 (1,840)
Net loss $ (72,153) $ (39,053)
Net loss per share - basic $ (0.33) $ (0.16)
Net loss per share - diluted $ (0.33) $ (0.16)
Weighted average shares outstanding - basic 218,026,424 248,227,458
Weighted average shares outstanding - diluted 218,026,424 248,227,458