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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
OPERATING REVENUES        
Operating revenues $ 6,019,713 $ 960,022 $ 13,906,315 $ 3,128,313
OPERATING EXPENSES        
Fuel 2,411,186 181,041 6,511,706 483,977
Operations and maintenance 2,835,315 997,169 6,040,173 2,660,536
General and administrative 3,469,830 365,269 6,377,677 1,093,858
Impairments on digital currencies 91,040 0 466,286 0
Depreciation and amortization 1,158,374 139,150 2,463,549 422,603
Total operating expenses 9,965,745 1,682,629 21,859,391 4,660,974
NET OPERATING INCOME/(LOSS) (3,946,032) (722,607) (7,953,076) (1,532,661)
OTHER INCOME (EXPENSE)        
Interest Expense (2,460,668) (32,381) (2,594,751) (106,881)
Gain on extinguishment of PPP loan 0 0 638,800 0
Realized gain (loss) on sale of digital currencies 0 3,662 149,858 4,941
Changes in fair value of warrant liabilities 92,979 0 (98,498) 0
Derivative contracts, net 0 0 0 1,207,131
Waste coal credits 23,356 0 47,152 7,500
Other 10,336 68,952 48,521 96,210
Total other income / (expense) (2,333,997) 40,233 (1,808,918) 1,208,901
NET INCOME/(LOSS) (6,280,029) (682,374) (9,761,994) (323,760)
NET INCOME/(LOSS) - attributable to non-controlling interest (4,328,460)   (6,730,940)  
Net loss attributable to Class A common shareholders $ (1,951,569) (682,374) $ (3,031,054) (323,760)
NET LOSS attributable to Class A Common Shares        
Basic (in USD per share) [1] $ (6.05)   $ (17.05)  
Diluted (in USD per share) [1] $ (6.05)   $ (17.05)  
Class A Common Shares Outstanding        
Basic (in shares) [1] 322,342   173,532  
Diluted (in shares) [1] 322,342   173,532  
Energy        
OPERATING REVENUES        
Operating revenues $ 2,388,752 119,945 $ 5,875,574 704,604
Capacity        
OPERATING REVENUES        
Operating revenues 1,069,040 732,594 2,352,276 2,202,255
Cryptocurrency hosting        
OPERATING REVENUES        
Operating revenues 499,724 0 1,742,242 0
Cryptocurrency mining        
OPERATING REVENUES        
Operating revenues 2,060,523 141,226 3,901,426 221,454
Other        
OPERATING REVENUES        
Operating revenues $ 1,674 $ (33,743) $ 34,797 $ 0
[1] Basic and diluted loss per share of Class A common stock is presented only for the period after the Company’s Reorganization Transactions. See Note 1 - Business Combinations for a description of the Reorganization Transactions. See Note 17 - Earnings (Loss) Per Share for the calculation of loss per share.