(Dollars in thousands)

Three Months Ended

June 30,

Six Months Ended

June 30,

2022

2021

2022

2021

Reportable segment revenue:

Cryptocurrency mining revenue

$

7,497

$

1,657

$

15,309

$

2,652

Data hosting revenue

1,179

-

2,683

-

Total segment and consolidated revenue

8,676

1,657

17,992

2,652

Reportable segment cost of revenue:

Cost of cryptocurrency mining revenue, inclusive of depreciation

9,134

545

16,854

875

Cost of data hosting revenue

975

-

2,114

-

Total segment and consolidated cost of revenues

10,109

545

18,968

875

Reconciling items:

General and administrative expenses

7,249

2,503

14,504

3,799

Impairment on fixed assets

750

-

750

-

Interest expense

3,305

-

6,185

-

Loss on sale of fixed assets

1,618

-

1,618

-

Other income, net

-

(3

)

-

(8

)

Income tax (benefit) expense from continuing operations

(251

)

3

(797

)

3

Net loss from continuing operations

(14,104

)

(1,391

)

(23,236

)

(2,017

)

Income before income tax from discontinued operations (including gain on sale of MTI Instruments of $7,602 for the three and six months ended June 30, 2022)

7,477

217

7,702

177

Income tax benefit from discontinued operations

70

-

70

-

Net income from discontinued operations

7,547

217

7,772

177

Net loss

$

(6,557

)

$

(1,174

)

$

(15,464

)

$

(1,840

)

Capital expenditures

27,180

1,023

52,618

1,319

Depreciation and amortization

7,914

149

14,611

225