Basis of Presentation (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Error Corrections of Basic and Diluted EPS

The following analysis provides a comparison amongst the basic and diluted EPS as reported on the Form 10-Q for the quarter ended September 30, 2023, and the final revised basic and diluted EPS calculation to correct all identified errors:

	For the three months ended September 30, 2023									For the nine months ended September 30, 2023
	As Reported			As Revised			Change			As Reported			As Revised			Change
Basic and Diluted net loss per share	$	(4.40	)	$	(5.96	)	$	(1.56	)	$	(20.11	)	$	(24.16	)	$	(4.05	)

The following analysis provides a comparison amongst the basic and diluted EPS as reported on the Form 10-K for the year ended December 31, 2022, and the final revised basic and diluted EPS calculation to correct all identified errors:

	As reported on Form 10-K for the year ended December 31, 2022 (1)			As revised on Form 10-K			Change
Basic and Diluted net loss per share from continuing operations	$	(185.39	)	$	(187.63	)	$	(2.24	)
Basic and Diluted net income per share from discontinued operations		13.22			13.22			-
Basic and Diluted net loss per share	$	(172.17	)	$	(174.41	)	$	(2.24	)

(1) Prior period results have been adjusted to reflect the Reverse Stock Split of the Common Stock at a ratio of 1-for- 25 that became effective October 13, 2023. See Note 2, “Accounting Policies,” for details.

The following analysis provides a comparison amongst the basic and diluted EPS as reported on the Form 10-Q for the quarters ended March 31, 2023, June 30, 2023, and September 30, 2023, and the final revised basic and diluted EPS calculation to correct all identified errors:

	As reported for the three months ended March 31, 2023 (1)			As revised			Change
Basic and Diluted net loss per share	$	(8.74	)	$	(10.30	)	$	(1.56	)

	For the three months ended June 30, 2023									For the six months ended June 30, 2023
	(1) As Reported			As Revised			Change			(1) As Reported			As Revised			Change
Basic and Diluted net loss per share	$	(8.44	)	$	(9.54	)	$	(1.10	)	$	(17.14	)	$	(19.74	)	$	(2.60	)

(1) Prior period results have been adjusted to reflect the Reverse Stock Split of the Common Stock at a ratio of 1-for- 25 that became effective October 13, 2023. See Note 2, “Accounting Policies,” for details.

	For the three months ended September 30, 2023									For the nine months ended September 30, 2023
	As Reported			As Revised			Change			As Reported			As Revised			Change
Basic and Diluted net loss per share	$	(4.40	)	$	(5.96	)	$	(1.56	)	$	(20.11	)	$	(24.16	)	$	(4.05	)

Schedule of Property Plant and Equipment Estimated Useful Lives

Property, plant and equipment are stated at cost and depreciated using the straight-line method over their estimated useful lives as follows:

Leasehold improvements	Lesser of the life of the lease or the useful life of the improvement
Computers and related software	3 to 5 years
Cryptocurrency miners	3 years
Machinery and equipment	8 to 15 years
Office furniture, equipment and fixtures	2 to 10 years
Buildings	30-40 years
Purchased pre-fabricated buildings	15-20 years

Schedule of Fair Value Assumptions For Warrants Issued

The following table represents the significant fair value assumptions used for warrants issued or repriced during the nine months ended September 30, 2024:

	Nine months ended September 30, 2024
Stock price	$	2.88- 4.07
Exercise price	$	0.01- 20.00
Expected term in years		2.68 – 8.77
Expected dividend yield		0.00	%
Volatility		110.0 – 137.50	%
Risk-free interest rate		4.28- 4.44	%

The following table represents the significant fair value assumptions used for warrants issued or repriced during the years ended December 31, 2023 and 2022:

	2023			2022
Stock price (1)	$	2.93- 5.00		$	14.25 - 259.25
Exercise price (1)	$	0.01- 20.00		$	19.00 – 331.50
Expected term in years		1.16- 5.00			2.00 – 5.00
Expected dividend yield		0.00	%		0.00	%
Volatility		108.50 – 140	%		125 - 150	%
Risk-free interest rate		3.36- 5.25	%		1.18 – 4.41	%

(1) Prior period results have been adjusted to reflect the Reverse Stock Split of the Common Stock at a ratio of 1-for- 25 that became effective October 13, 2023. See Note 2, “Accounting Policies,” for details.

Schedule of Fair Value Assumptions For Convertible Notes

The following table represents the significant and subjective fair value assumptions used for Convertible Notes during the nine months ended September 30, 2024:

	Nine months ended September 30, 2024
Stock price	$	2.88 – 6.09
Conversion price	$	3.78
Volatility		80.0 – 115	%
Risk-free interest rate		4.73- 5.46	%

The following table represents the significant and subjective fair value assumptions used for Convertible Notes during the years ended December 31, 2023 and 2022:

	2023			2022
Stock price (1)	$	3.60 – 6.75		$	6.5
Conversion price (1)	$	3.78 – 7.99		$	7.99
Volatility		87.50 – 150	%		65 – 105	%
Risk-free interest rate		4.64- 5.50	%		4.12 – 4.76	%

(1) Prior period results have been adjusted to reflect the Reverse Stock Split of the Common Stock at a ratio of 1-for- 25 that became effective October 13, 2023. See Note 2, “Accounting Policies,” for details.

Schedule of Changes in Level 3 Financial Liabilities Carried at Fair Value

Changes in Level 3 Financial Liabilities Carried at Fair Value

(in thousands)
Balance, July 19, 2022 (date of Addendum of convertible notes)	$	14,610
Conversions of debt		(1,100	)
Total revaluation loss		597
Balance, September 13, 2022		14,107
Total revaluation gains		(1,853	)
Balance, December 31, 2022	$	12,254
Conversions of debt (January 2023- May 11 2023)		(1,344	)
Total revaluation losses		30
Balance, May 11, 2023 (date of Second Amendment)		10,940
Conversions of Debt (May 11, 2023-November 19, 2023)		(1,550	)
Total revaluation losses		1,569
Balance November 20, 2023 (date of Third Amendment)	$	10,959
Conversions of debt (November 20, 2023- December 31, 2023)		(3,069	)
Total revaluation losses		584
Balance December 31, 2023	$	8,474