XML 39 R29.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
$ in Thousands
1 Months Ended 3 Months Ended 4 Months Ended 7 Months Ended 12 Months Ended
Jan. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
miner
Feb. 28, 2023
USD ($)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
May 12, 2023
USD ($)
May 12, 2023
USD ($)
May 12, 2023
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Mar. 31, 2024
USD ($)
Short-Term Debt [Line Items]                      
Cash and cash equivalents   $ 17,046   $ 17,046         $ 17,046 $ 15,217  
Accounts payable and accrued expenses   15,600   15,600         15,600    
Principal and interest payable, current   16,700   16,700         16,700    
Debt outstanding   $ 97,319   97,319         97,319    
Proceeds from sale of assets       592 $ 0       $ 11,700    
Number of additional miners installed | miner   1,500                  
Hosting agreement, period 5 years                    
Minimum                      
Short-Term Debt [Line Items]                      
Decrease in price of bitcoin                   0.64  
Increase in price of natural gas                   0.47  
Maximum                      
Short-Term Debt [Line Items]                      
Decrease in price of bitcoin                   0.66  
Increase in price of natural gas                   1.60  
Forecast                      
Short-Term Debt [Line Items]                      
Cash and cash equivalents                     $ 10,000
Master Equipment Finance Agreement | Secured Debt                      
Short-Term Debt [Line Items]                      
Debt outstanding $ 17,300                 $ 75,800  
Annual interest payments 2,500                    
Refinanced 2021 and 2022 Master Equipment Finance Agreement | Secured Debt                      
Short-Term Debt [Line Items]                      
Principal payments plus interest payments on debt $ 62,700                    
At The Market Issuance Sales Agreement                      
Short-Term Debt [Line Items]                      
Net proceeds received     $ 1,000 $ 8,200              
At The Market Issuance Sales Agreement | Subsequent Event                      
Short-Term Debt [Line Items]                      
Net proceeds received           $ 9,000 $ 11,000 $ 11,000