PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

At September 30, 2022 and December 31, 2021, property and equipment consisted of:

At September 30, 2022 and December 31, 2021, property and equipment consisted of:

	September 30, 2022			December 31, 2021
Cryptocurrency machines and related equipment	$	131,141,000		$	10,763,000
Computer, software and related equipment		20,315,000			8,884,000
Office furniture and equipment		2,750,000			702,000
Oil and natural gas properties, unproved properties		972,000			-
Land		25,646,000			25,696,000
Building and improvements		76,012,000			68,959,000
		256,836,000			115,004,000
Accumulated depreciation and amortization		(14,180,000	)		(5,096,000	)
Property and equipment placed in service, net		242,656,000			109,908,000
Deposits on cryptocurrency machines		11,328,000			64,117,000
Property and equipment, net	$	253,984,000		$	174,025,000

Summary of depreciation expense:

Summary of depreciation expense:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Depreciation expense	$	3,942,000	$	265,000	$	10,229,000	$	711,000