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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
OPERATING ACTIVITIES FROM CONTINUING OPERATIONS:      
Net loss $ (8,171) $ (429)  
Income from discontinued operations, net of tax 671 1,318  
Net loss from continuing operations (8,842) (1,747)  
Adjustments to reconcile net loss from continuing operations to net cash flow from operating activities:      
Depreciation 3,820 3,653  
Accrued interest added to principal 911 0  
Deferred income taxes 0 (1,788)  
Amortization of debt issuance costs 649 424  
Gain on sale of assets (1,744) 0  
Stock-based compensation expense 481 362  
Changes in operating assets and liabilities:      
Accounts receivable 2,654 (110)  
Emissions and carbon offset credits 300 1,337  
Digital assets 329 0  
Prepaids and other assets 1,420 (1,593)  
Income tax receivable 798 0  
Accounts payable 1,252 1,416  
Accrued emissions (970) 3  
Accrued expenses (5,101) 1,365  
Income tax payable 0 1,401  
Other 3,436 0  
Net cash flow (used for) provided by operating activities from continuing operations (607) 4,723  
INVESTING ACTIVITIES FROM CONTINUING OPERATIONS:      
Purchases of and deposits for property and equipment (6,459) (71,137)  
Proceeds from sale of assets 592 0 $ 11,700
Proceeds from sale of marketable securities 0 496  
Net cash flow used for investing activities from continuing operations (5,867) (70,641)  
FINANCING ACTIVITIES FROM CONTINUING OPERATIONS:      
Proceeds from issuance of common stock, net of issuance costs 8,096 3,791  
Proceeds from stock options exercised 0 2  
Restricted stock unit awards settled in cash for taxes 0 (65)  
Proceeds from debt, net of issuance costs 0    
Proceeds from debt, net of issuance costs   80,371  
Principal payments on debt (3,283) (5,702)  
Repayments of lease obligations 0 (234)  
Net cash flow provided by financing activities from continuing operations 4,813 78,163  
Discontinued Operations:      
Net cash flow from operating activities of discontinued operations 915 1,607  
Net cash flow from investing activities of discontinued operations 2,575 2  
Net cash flow from financing activities of discontinued operations 0 0  
Increase (decrease) in cash and cash equivalents from discontinued operations 3,490 1,609  
CHANGE IN CASH AND CASH EQUIVALENTS 1,829 13,854  
CASH AND CASH EQUIVALENTS - beginning of year 15,217 82,599 96,453
CASH AND CASH EQUIVALENTS - end of period $ 17,046 $ 96,453 $ 17,046