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BALANCE SHEET COMPONENTS
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
BALANCE SHEET COMPONENTS
6. BALANCE SHEET COMPONENTS
Prepaid expenses and other current assets as of December 31, 2023 and 2022 consist of the following (in thousands):
December 31,
20232022
Prepaid power
$7,325 $4,430 
Prepaid insurance
5,506 7,321 
Prepaid expenses
2,032 10,440 
Prepaid construction
— 6,102 
Digital assets and receivables
6,158 3,285 
Other
3,001 303 
Total prepaid expenses and other current assets
$24,022 $31,881 
Prepaid expenses includes prepayments related to subscriptions, rent, and other operating expenses. Other includes prepayments of equipment and taxes, as well as security deposits associated with utilities and leases.


Accrued expenses and other current liabilities as of December 31, 2023 and 2022, consist of the following (in thousands):
December 31,
20232022
Accrued interest1
$94,311 $— 
Accrued liabilities
38,288 — 
Accrued expenses and other20,283 11,590 
Accrued inventory purchases
16,285 — 
Accrued taxes
3,694 4,720 
Other current liabilities6,775 1,642 
Total accrued expenses and other current liabilities
$179,636 $17,952 

1 As a result of the Company's Chapter 11 Cases, the Company has not made any payments related to accrued interest for any debt obligations that are subject to compromise.
Accrued liabilities includes expenses related to settlements, audit fees, and security services. Accrued expenses and other includes expenses related to advisor and legal fees, payroll and benefits, and other operating costs. Other current liabilities primarily represents energy costs and other current liabilities.