14. SEGMENT REPORTING

6 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

SEGMENT REPORTING

14.SEGMENT REPORTING

We disclose segment information that is consistent with the way in which management operates and views the business. Our operating structure contains two reportable segments: Digital Currency and Energy. The Company measures the results of its segments using, among other measures, each segment's sales and operating income, which includes certain corporate overhead allocations.

Digital Currency: This segment consists of operations related to Bitcoin mining. The Company provides computing power through ATL Data Centers LLC and CleanBlok Inc. to the mining pools. This segment also includes operation related to maintenance of real property holdings for company purposes through CSRE properties Norcross LLC and CSRE properties LLC. This segment revenue represents fractional share of the fixed cryptocurrency award received from the mining pool operator in exchange of computing power.

Energy: This segment provides services, equipment, and software to the energy industry. This segment includes revenue from providing engineering and construction services, selling equipment such as residential battery, residential solar, commercial solar and non-customized equipment and providing access to its energy software offerings and software license sales and support services.

Other Revenue and Eliminations: This includes revenue from providing design, software development, and other technology-based consulting services through p2k Labs and data center services through ATL Data Center. Corporate items and eliminations consist of corporate overhead and other items not allocated to any of the Company's segments as in the table below. Intersegment transactions, which were at market price, are included in the “Other revenue and eliminations” and “Corporate items and eliminations” in the table below.

	Three Months Ended
		March 31, 2022			March 31, 2021
Revenue
Energy		$	4,585,971		$	1,313,530
Digital Currency Mining			36,965,739			6,715,792
Total segment revenues			41,551,710			8,029,322
Other revenue and eliminations			86,282			90,366
Consolidated Revenues			41,637,992			8,119,688
Profit
Energy			945,534			292,023
Digital Currency Mining			28,476,493			6,251,287
Total segment profit			29,422,027			6,543,310
Corporate items and eliminations (including    depreciation and amortization)			(29,592,762	)		856,730
Net income/(loss)		$	(170,735	)	$	7,400,040

	Six Months Ended
	March 31, 2022			March 31, 2021
Revenue
Energy	$	8,556,181		$	2,827,233
Digital Currency Mining		73,940,317			7,449,202
Total segment revenues		82,496,498			10,276,435
Other revenue and eliminations		383,463			100,824
Consolidated Revenues		82,879,961			10,377,259
Profit
Energy		1,931,774			389,853
Digital Currency Mining		59,809,483			7,107,416
Total segment profit		61,741,257			7,497,269
Corporate items and eliminations (including    depreciation and amortization)		(47,426,237	)		(7,264,759	)
Net income	$	14,315,020		$	232,510

For details on major customers of Digital currency and Energy segment, see Note 13.

A summary of segment assets is as follows:

	March 31, 2022		September 30, 2021
Digital Currency Mining	$	375,183,757	$	270,995,942
Energy		25,267,292		17,507,314
Other and Corporate assets		24,346,255		28,969,865
Total	$	424,797,304	$	317,473,121

The Company operates its business only in the United States.

Total additions in long-lived assets for the three months and six months ended March 31, 2022 and 2021:

	Three Months Ended						Three Months Ended
	March 31, 2022						March 31, 2021
	Digital Currency		Energy		Corporate		Digital Currency		Energy		Corporate
Property and Equipment		97,273,057		13,939		78,393		9,001,813		70,688		1,945
Intangibles		-		-		15,000		-		190,000		-
Total		97,273,057		13,939		93,393		9,001,813		260,688		1,945

	Six Months Ended						Six Months Ended
	March 31, 2022						March 31, 2021
	Digital Currency		Energy		Corporate		Digital Currency		Energy		Corporate
Property and Equipment		168,566,562		29,993		148,202		10,259,396		83,554		8,160
Intangibles		-		-		15,000		-		190,000		-
Total		168,566,562		29,993		163,202		10,259,396		273,554		8,160