2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash and Cash Equivalents

	March 31, 2022		September 30, 2021
Cash and cash equivalents, excluding restricted cash	$	1,695,718	$	14,571,198
Restricted cash - construction escrow account		217,229		3,469,129
Cash and cash equivalents, including restricted cash	$	1,912,947	$	18,040,327

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable

Accounts receivable, net consists of the following:

	March 31, 2022			September 30, 2021
Accounts Receivable, gross	$	6,796,293		$	2,891,784
Other receivables		733,468			421,681
Provision for doubtful allowances		(693,508	)		(693,508	)
Total Accounts Receivable, net	$	6,836,253		$	2,619,957

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Inventories Current

The composition of inventory as of March 31, 2022 and September 30, 2021 are as follows:

	March 31, 2022		September 30, 2021
Batteries and solar panels	$	595,432	$	1,819,398
Supplies and other		663,992		853,346
Total inventory	$	1,259,423	$	2,672,744

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of earnings per share, basic and diluted

	For the Three Months Ended March 31,					For the Six Months Ended March 31,
	2022			2021		2022		2021
Numerator
Consolidated net income (loss) attributable to common shareholders	$	(191,563	)	$	7,222,535	$	13,979,581	$	55,005
Denominator
Weighted- average common shares outstanding,    basic		41,336,342			25,925,259		40,802,319		24,025,557
Dilutive impact of stock options and other share-based awards		—			6,772,604		58,733		6,772,604
Weighted- average common shares outstanding,    diluted		41,336,342			32,697,863		40,861,052		30,798,161
Net income (loss) per common share attributable
Basic	$	(0.00	)	$	0.28	$	0.34	$	0.00
Diluted	$	(0.00	)	$	0.22	$	0.34	$	0.00

2. SUMMARY OF SIGNIFICANT ACCOUNTING ACCOUNTING POLICIES - Useful Life of Property and Equipment

Depreciation is calculated on a straight-line basis over the estimated useful life of the asset as follows:

	Useful life (years)
Building		30
Land Improvements		15
Machinery and equipment	1-10
Office Equipment	3-7
Mining equipment	3-15
Miners	3-5
Infrastructure asset	Shorter of estimated lease term or 15 years
Leasehold improvements	Shorter of estimated lease term or 5 years
Furniture and fixtures	1-5

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Activities of Digital Currencies

The following table presents the activities of the digital currencies for the six months ended March 31, 2022:

	Amount
Balance as on September 30, 2021	$	23,603,210
Addition of digital currencies		73,940,317
Sale of digital currencies		(80,430,113	)
Digital currencies issued for services		(294,992	)
Realized gain on sale of digital currencies		7,260,909
Impairment loss		(7,033,691	)
Balance as on March 31, 2022	$	17,045,640

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Financial Instruments That are Recorded at Fair Value

The following table presents the Company’s financial instruments that are measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of March 31, 2022 and September 30, 2021:

March 31, 2022
	Amount		Level 1		Level 2		Level 3
Derivative asset	$	3,794,359	$	-	$	-	$	3,794,359
Investment in debt security		541,200		-		-		541,200
Total	$	4,335,559	$	-	$	-	$	4,335,559
September 30, 2021
	Amount		Level 1		Level 2		Level 3
Derivative asset	$	4,905,656	$	-	$	-	$	4,905,656
Investment in equity security		10,772		10,772		-		-
Investment in debt security		494,608		-		-		494,608
Contingent cash consideration		820,802		-		-		820,802
Total	$	6,231,838	$	10,772	$	-	$	6,221,066