(Dollars in thousands)

Year Ended

December 31, 2023

Year Ended

December 31, 2022

Cryptocurrency mining revenue

$

769

$

10,028

Data hosting revenue

276

4,131

Total revenue

1,045

14,159

Operating costs:

Cost of cryptocurrency mining revenue, exclusive of depreciation

801

6,048

Cost of revenue-depreciation

136

7,813

Data hosting costs

205

3,518

General and administrative expense

379

561

Impairment on fixed assets

43

17,940

Operating loss

(519

)

(21,721

)

Interest expense

1,394

1,702

Loss on sale of fixed assets

332

1,623

Other expense, net

1,041

-

Net loss before income taxes

$

(3,286

)

$

(25,046

)