(Dollars in thousands)

Three Months Ended

March 31, 2024

Three Months Ended

March 31, 2023

Cryptocurrency mining revenue

$

-

$

769

Operation service revenue- intercompany

3

-

Data hosting revenue

-

276

Total revenue

3

1,045

Operating costs:

Cost of cryptocurrency mining revenue, exclusive of depreciation

-

801

Cost of revenue-depreciation

-

122

Data hosting costs

-

214

Operational service costs- intercompany

1

-

General and administrative (income) expense

(32

)

286

Impairment on fixed assets

-

43

Operating profit (loss)

34

(421

)

Interest expense

(361

)

(377

)

Gain on sale of fixed assets

-

12

Other income, net

7

-

Net loss before income taxes

$

(320

)

$

(786

)