4. DISCONTINUED OPERATIONS

3 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

4.DISCONTINUED OPERATIONS

The Company determined to make available for sale the asset groups related to the energy segment due to its strategic shift to strictly focus on its bitcoin mining operations. As a result, the energy segment's results of operations have been reclassified as discontinued operations on a retrospective basis for all periods presented. Accordingly, the assets and liabilities of this segment are separately reported as “assets and liabilities held for sale” as of December 31, 2023 and September 30, 2023 in the consolidated balance sheets. The Company has since sold the majority of its software and intellectual property assets related to the energy segment and is in the process of selling additional remaining inventory

and assets. The results of operations of this segment, for all periods, are separately reported as “discontinued operations” in the consolidated statements of operations and comprehensive income (loss).

Provided below are the key areas of the financials that constitute the discontinued operations:

	December 31, 2023		September 30, 2023
	(Unaudited)
ASSETS
Current assets
Accounts receivable, net	$	65	$	126
Inventory		319		319
Total current assets held for sale	$	384	$	445
Total assets held for sale	$	384	$	445
LIABILITIES
Current liabilities
Accounts payable and accrued liabilities	$	706	$	978
Operating lease liability		—		197
Total current liabilities held for sale		706		1,175

	For the three months ended
	December 31, 2023		December 31, 2022
Energy hardware, software and services revenue	$	—	$	101
Costs and expenses
Cost of revenues (exclusive of depreciation and amortization shown below)		—		48
Payroll expenses		—		274
General and administrative expenses		—		31
Total costs and expenses		—		353
Loss from operations	$	—	$	(252	)
Other income (expense)
Gain on disposal of assets		—		1,710
Interest expense		—		(1	)
Total other income (expense)		—		1,709
Income before income tax (expense) benefit		—		1,457
Income tax benefit (expense)		—		—
Net income attributable to common shareholders	$	—	$	1,457