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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 4 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Loss $ (32,306,416) $ (238,956)    
Adjustments to reconcile net loss to net cash provided by operating activities:        
Depreciation and Amortization - PP&E 12,319,581 517,443    
Forgiveness of PPP loan 0 (638,800)    
Realized (gain) loss on sale of digital currency (751,110) (143,881)    
Realized gain (loss) on disposal of fixed asset 44,958 0    
Amortization of debt issuance costs 881,463 0    
Stock Compensation 2,592,995 0    
Impairments on digital currencies 2,506,172 0    
Impairments on equipment deposits 12,228,742 0    
Changes in fair value of forward sale derivative 483,749 0 $ 600,200  
(Increase) decrease in assets:        
Digital currencies (3,450,721) (516,259)    
Accounts receivable 410,525 (298,765)    
Prepaid Insurance 1,852,595 0    
Due from related party (864,624) 302,973    
Inventory (179,774) 114,750    
Other current assets (37,242) (35,782)    
Increase (decrease) in liabilities:        
Accounts payable (410,916) 3,348,824    
Due to related parties 68,647 319,071    
Accrued liabilities 2,164,896 227,167    
Contract liabilities (55,742) 0    
NET CASH PROVIDED BY (USED) OPERATING ACTIVITIES (2,502,222) 2,957,785    
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from sale of digital currencies 12,998,410 484,387    
Forward sale contract prepayment 970,000 0    
Purchase of property, plant and equipment (37,236,332) (2,854,904)    
Equipment purchase deposits- net of future commitments (6,482,000) 0    
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (29,749,922) (2,370,517)    
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES        
Payments on long-term debt (9,282,227) (109,364)    
Payments on financed insurance premiums (1,832,149) 0    
Proceeds from promissory note 24,144,586 0    
Proceeds from equipment financing agreement 12,912,512 0    
Proceeds from PPP loan 0 841,670    
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 25,942,722 732,306    
NET INCREASE (DECREASE) IN CASH (6,309,422) 1,319,574    
CASH - BEGINNING OF PERIOD 31,790,115 303,187   $ 303,187
CASH - END OF PERIOD $ 25,480,693 $ 1,622,761 $ 25,480,693 $ 31,790,115