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7. PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consist of the following:

 

($ in thousands)

 

December 31, 2022

 

 

September 30, 2022

 

Land

 

$

2,978

 

 

$

2,978

 

Land improvements

 

 

1,530

 

 

 

1,530

 

Building and improvements

 

 

50,973

 

 

 

32,332

 

Leasehold improvements

 

 

672

 

 

 

114

 

Miners

 

 

409,160

 

 

 

356,501

 

Mining equipment

 

 

18,437

 

 

 

17,587

 

Infrastructure

 

 

18,695

 

 

 

12,422

 

Machinery and equipment

 

 

1,525

 

 

 

1,269

 

Furniture and fixtures

 

 

337

 

 

 

331

 

Construction in progress

 

 

2,395

 

 

 

4,816

 

Total

 

$

506,702

 

 

$

429,880

 

Less: accumulated depreciation

 

 

(71,925

)

 

 

(53,099

)

Property and equipment, net

 

$

434,777

 

 

$

376,781