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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE:    
Total revenue $ 15,157 $ 29,155
OPERATING COSTS AND EXPENSES:    
Selling, general and administrative 9,013 11,809
Depreciation 3,820 3,653
Gain on sale of assets 1,744 0
Total operating costs and expenses 20,824 27,941
Operating (loss) income (5,667) 1,214
OTHER EXPENSE, NET:    
Interest expense, net (3,573) (3,353)
Gain (loss) on sale of digital assets 398 (5)
Other income, net 0 16
Total other expense, net (3,175) (3,342)
Loss from continuing operations before income taxes (8,842) (2,128)
Benefit from income taxes 0 (381)
Net loss from continuing operations (8,842) (1,747)
Income from discontinued operations, net of tax 671 1,318
Net loss $ (8,171) $ (429)
(Loss) income per basic share:    
Loss per basic share from continuing operations (in dollars per share) $ (0.16) $ (0.04)
Loss per basic share from discontinued operations (in dollars per share) 0.01 0.03
Loss per basic share (in dollars per share) (0.15) (0.01)
(Loss) income per diluted share:    
Loss per diluted share from continuing operations (in dollars per share) (0.16) (0.04)
Loss per diluted share from discontinued operations (in dollars per share) 0.01 0.03
Loss per diluted share (in dollars per share) $ (0.15) $ (0.01)
Average Shares Outstanding    
Basic (in shares) 53,427,000 41,058,000
Diluted (in shares) 53,427,000 41,058,000
Datacenter Hosting    
REVENUE:    
Total revenue $ 6,944 $ 0
OPERATING COSTS AND EXPENSES:    
Cost of revenue 4,671 0
Cryptocurrency Mining    
REVENUE:    
Total revenue 6,451 23,232
OPERATING COSTS AND EXPENSES:    
Cost of revenue 3,248 8,456
Power and capacity    
REVENUE:    
Total revenue 1,762 5,923
OPERATING COSTS AND EXPENSES:    
Cost of revenue $ 1,816 $ 4,023