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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
REVENUE:    
Revenues $ 89,979 $ 97,325
OPERATING COSTS AND EXPENSES:    
Selling, general and administrative 36,946 23,989
Depreciation and amortization 35,136 8,474
Gain on sale of assets (1,780) 0
Impairment of long-lived assets 176,307 0
Remeasurement of environmental liability 16,694 3,688
Total operating costs and expenses 323,142 64,541
Operating (loss) income from operations (233,163) 32,784
OTHER INCOME (EXPENSE), NET:    
Interest expense, net (21,575) (3,689)
Interest expense - related party 0 (22)
(Loss) gain on sale of digital assets (15) 275
Other income, net 14 153
Total other expense, net (21,576) (3,283)
(Loss) income from continuing operations before taxes (254,739) 29,501
Provision for income taxes 15,002 7,901
Net (loss) income from continuing operations (269,741) 21,600
Loss from discontinued operations, net of tax (1,327) (66,080)
Net loss $ (271,068) $ (44,480)
(Loss) earnings per basic share:    
(Loss) earnings per basic share from continuing operations (in dollars per share) $ (6.37) $ 0.65
Loss per basic share from discontinued operations (in dollars per share) (0.03) (2.06)
(Loss) earnings per basic share (in dollars per share) (6.40) (1.41)
(Loss) earnings per diluted share:    
(Loss) earnings per diluted share from continuing operations (in dollars per share) (6.37) 0.57
Loss per diluted share from discontinued operations (in dollars per share) (0.03) (1.80)
(Loss) earnings per diluted share (in dollars per share) $ (6.40) $ (1.23)
Average Shares Outstanding    
Basic (in shares) 42,373,000 31,995,000
Diluted (in shares) 42,373,000 36,635,000
Cryptocurrency datacenter    
REVENUE:    
Revenues $ 73,809 $ 87,897
OPERATING COSTS AND EXPENSES:    
Cost of revenue 45,933 19,159
Power and capacity    
REVENUE:    
Revenues 16,170 9,428
OPERATING COSTS AND EXPENSES:    
Cost of revenue $ 13,906 $ 9,231