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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash $ 25,480,693 $ 31,790,115
Digital currencies 5,104,861 7,718,221
Digital currencies restricted 8,763,725 2,699,644
Accounts receivable 1,701,331 2,111,855
Due from related party 864,625 0
Prepaid Insurance 4,449,106 6,301,701
Inventory 3,552,028 3,372,254
Other current assets 698,882 661,640
Total Current Assets 50,615,251 54,655,430
EQUIPMENT DEPOSITS 98,577,594 130,999,398
PROPERTY, PLANT AND EQUIPMENT, NET 220,200,769 166,657,155
LAND 1,748,439 1,748,440
ROAD BOND 211,958 211,958
SECURITY DEPOSITS 348,888 348,888
TOTAL ASSETS 371,702,899 354,621,269
CURRENT LIABILITIES    
Current portion of long-term debt-net of discounts/issuance fees 76,226,400 45,799,651
Financed insurance premiums 2,467,573 4,299,721
Forward sale contract 8,570,236 7,116,488
Accounts payable 28,239,743 28,650,659
Due to related parties 1,499,307 1,430,660
Accrued liabilities 7,357,537 5,053,957
Total Current Liabilities 124,360,796 92,351,136
LONG-TERM LIABILITIES    
Asset retirement obligation 980,032 973,948
Contract liabilities 132,093 187,835
Paycheck Protection Program Loan 841,670 841,670
Long-term debt-net of discounts/issuance fees 32,063,889 18,378,841
Total Long-Term Liabilities 34,017,684 20,382,294
Total Liabilities 158,378,480 112,733,430
COMMITMENTS AND CONTINGENCIES
REDEEMABLE COMMON STOCK    
Redeemable common stock 172,704,220 301,052,617
STOCKHOLDERS’ EQUITY / (DEFICIT)    
#REF! 36,898,361 37,670,161
Common Stock – Class A, $0.0001 par value; 685,440,000 shares authorized, and 20,020,877 and 20,016,067 shares issued and outstanding, respectively 2,002 2,002
Accumulated deficits (241,895,906) (338,709,688)
Additional paid-in capital 245,615,742 241,872,747
Stockholders’ equity / (deficit) 40,620,199 (59,164,778)
Total 213,324,419 241,887,839
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY / (DEFICIT) 371,702,899 354,621,269
Common Stock - Class V    
REDEEMABLE COMMON STOCK    
Redeemable common stock $ 172,704,220 $ 301,052,617