Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table details revenue, cost of revenues, and other operating costs for the Company’s reportable segments for three months ended March 31, 2025 and 2024, and reconciles to net income (loss) on the condensed consolidated statements of operations:

For the three months ended March 31, 2025

	Cryptocurrency Mining			Data Center Hosting		High-Performance Computing Services			Total
Segment Revenue: Revenue from external customers	$	2,999		$	2,402	$	28		$	5,429
Reconciliation of revenue
Demand response revenue (a)										507
Total consolidated revenue										5,936
Less: Segment cost of revenue
Utility costs		1,412			389		-			1,801
Wages, benefits, and employee related costs		219			470		7			696
Facilities and Equipment costs		207			365		-			572
Cost of revenue- depreciation		1,074			401		-			1,475
Other cost of revenue*		140			144		-			284
Total segment cost of revenue		3,052			1,769		7			4,828
General and administrative expenses		14			90		159			263
Segment operating income (loss)	$	(67	)	$	543	$	(138	)	$	338

For the three months ended March 31, 2024

	Cryptocurrency Mining		Data Center Hosting		High-Performance Computing Services		Total
Segment Revenue: Revenue from external customers	$	6,396	$	5,278	$	-	$	11,674
Reconciliation of revenue
Demand response revenue (a)						-		875
								12,549
Less: Segment cost of revenue
Utility costs		1,377		1,357		-		2,734
Wages, benefits, and employee related costs		191		460		-		651
Facilities and Equipment costs		175		299		-		474
Cost of revenue- depreciation		1,087		436		-		1,523
Other cost of revenue*		178		217		-		395
Total segment cost of revenue		3,008		2,769		-		5,777
General and administrative expenses		29		35		-		64
Impairment on fixed assets		130		-		-		130
Segment operating income	$	3,229	$	2,474	$	-	$	5,703

(a) Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss.

* Other cost of revenue includes insurance, outside service costs and margins, and general costs.

The following table presents the reconciliation of segment operating income (loss) to net income (loss) before taxes:

	For the three months ended March 31,
	2025			2024
Segment operating income	$	338		$	5,703
Reconciling Items:
Elimination of intercompany costs		65			162
Other revenue (a)		507			875
General and administrative, exclusive of depreciation and amortization (b)		(5,683	)		(3,930	)
General and administrative, depreciation and amortization		(2,404	)		(2,403	)
Interest expense		(838	)		(424	)
Gain (loss) on debt extinguishment and revaluation, net		551			(3,097	)
Loss on sale of fixed assets		-			(1	)
Other (expense) income, net		(315	)		23
Net loss before taxes	$	(7,779	)	$	(3,092	)

(a) Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss

(b) The reconciling general and administrative expense, exclusive of depreciation and amortization represent corporate and unallocated general and administrative expenses for the year.