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13. MAJOR CUSTOMERS AND VENDORS
6 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
MAJOR CUSTOMERS AND VENDORS
13.
MAJOR CUSTOMERS AND VENDORS

 

Digital Currency Mining Segment

For the three months ended March 31, 2022 and 2021, the digital currency mining business had the following customers that represented more than 10% of revenue. For these purposes customers are defined as the Company’s mining pool operators.

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Mining Pool Operator A

 

 

99.99

%

 

 

 

Mining Pool Operator B

 

 

0.01

%

 

 

100.00

%

 

For the six months ended March 31, 2022 and 2021, the digital currency mining business had the following customers that represented more than 10% of revenue. For these purposes customers are defined as the Company’s mining pool operators.

 

 

Six Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Mining Pool Operator A

 

 

99.95

%

 

 

 

Mining Pool Operator B

 

 

0.05

%

 

 

100.00

%

 

 

For the three months ended March 31, 2022 and 2021, the Company had the following significant suppliers of mining equipment.

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Vendor A

 

 

90.85

%

 

 

 

Vendor B

 

 

 

 

 

57.94

%

Vendor C

 

 

 

 

 

23.69

%

Vendor D

 

 

 

 

 

18.37

%

 

For the six months ended March 31, 2022 and 2021, the Company had the following significant suppliers of mining equipment.

 

 

Six Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Vendor A

 

 

71.70

%

 

 

 

Vendor B

 

 

24.03

%

 

 

 

Vendor C

 

 

 

 

 

46.77

%

Vendor D

 

 

 

 

 

27.49

%

Vendor E

 

 

 

 

 

14.91

%

 

Energy Segment

For the three months ended March 31, 2022 and 2021, the energy business had the following customers that represented more than 10% of revenue.

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Customer A

 

 

37.39

%

 

 

39.06

%

Customer B

 

 

 

 

 

12.47

%

Customer C

 

 

 

 

 

10.17

%

 

For the six months ended March 31, 2022 and 2021, the energy business had the following customers that represented more than 10% of revenue.

 

 

Six Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Customer A

 

 

30.01

%

 

 

56.00

%

Customer B

 

 

 

 

 

12.25

%

 

For the three months ended March 31, 2022 and 2021, the Company had the following suppliers that represented more than 10% of direct material costs.

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Vendor A

 

 

20.23

%

 

 

22.24

%

Vendor B

 

 

17.82

%

 

 

 

Vendor C

 

 

12.06

%

 

 

 

Vendor D

 

 

 

 

 

23.90

%

 

 

For the six months ended March 31, 2022 and 2021, the Company had the following suppliers that represented more than 10% of direct material costs.

 

 

Six Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Vendor A

 

 

38.87

%

 

 

 

Vendor B

 

 

11.76

%

 

 

 

Vendor C

 

 

 

 

 

15.62

%

Vendor D

 

 

 

 

 

14.54

%

Vendor E

 

 

 

 

 

12.91

%