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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
REVENUE:    
Total revenue $ 59,533,000 $ 70,388,000
OPERATING COSTS AND EXPENSES:    
Depreciation 13,471,000 13,602,000
Selling, general and administrative 17,294,000 26,167,000
Gain on digital assets (2,154,000) 0
Loss (gain) on sale of assets 641,000 (9,903,000)
Impairment of long-lived assets 169,000 4,000,000
Remeasurement of environmental liability 453,000 2,409,000
Total operating costs and expenses 70,982,000 87,280,000
Operating Loss (11,449,000) (16,892,000)
OTHER INCOME (EXPENSE), NET:    
Interest expense, net (7,082,000) (12,659,000)
Gain on sale of digital assets 0 512,000
Change in fair value of warrant asset (477,000) 0
Impairment of equity securities (869,000) 0
Other income, net 23,000 0
Total other expense, net (8,405,000) (12,147,000)
Loss from continuing operations before taxes (19,854,000) (29,039,000)
Benefit from income taxes (69,000) 0
Net loss from continuing operations (19,785,000) (29,039,000)
Loss from discontinued operations, net of tax 0 (471,000)
Net loss (19,785,000) (29,510,000)
Comprehensive Loss    
Net Loss (19,785,000) (29,510,000)
Foreign currency translation adjustment (3,000) 12,000
Comprehensive loss $ (19,788,000) $ (29,498,000)
Net loss per share, basic and diluted:    
Net loss per share from continuing operations, basic (in dollars per share) $ (1.88) $ (4.36)
Net loss per share from continuing operations, diluted (in dollars per share) (1.88) (4.36)
Loss per share from discontinued operations, basic (in dollars per share) 0 (0.07)
Loss per diluted share from discontinued operations (in dollars per share) 0 (0.07)
Net loss per share, basic (in dollars per share) (1.88) (4.43)
Net loss per share, diluted (in dollars per share) $ (1.88) $ (4.43)
Weighted Average Shares Outstanding    
Weighted average shares outstanding, basic (in shares) 10,504,000 6,660,000
Weighted average shares outstanding, diluted (in shares) 10,504,000 6,660,000
Cryptocurrency mining    
REVENUE:    
Total revenue $ 19,061,000 $ 24,238,000
OPERATING COSTS AND EXPENSES:    
Cost of revenue 12,080,000 15,051,000
Datacenter hosting    
REVENUE:    
Total revenue 29,838,000 39,478,000
OPERATING COSTS AND EXPENSES:    
Cost of revenue 22,237,000 29,695,000
Power and capacity    
REVENUE:    
Total revenue 10,634,000 6,672,000
OPERATING COSTS AND EXPENSES:    
Cost of revenue $ 6,791,000 $ 6,259,000