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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Sep. 30, 2023
Current assets    
Cash and cash equivalents, including restricted cash $ 48,458 $ 29,215
Accounts receivable, net 0 5
Inventory 732 809
Prepaid expense and other current assets 2,971 12,034
Bitcoin (See Note 2 and Note 5) 126,951 56,241
Derivative investment asset 1,454 2,697
Investment in debt security, AFS, at fair value 755 726
Current assets held for sale 384 445
Total current assets 181,705 102,172
Property and equipment, net 637,481 564,395
Operating lease right of use asset 647 688
Intangible assets, net 4,089 4,603
Deposits on miners and mining equipment 25,048 75,959
Other long-term asset 5,718 5,718
Goodwill 8,043 8,043
Total assets 862,731 761,578
Current liabilities    
Accounts payable and accrued liabilities 33,415 65,577
Current portion of operating lease liability 176 181
Current portion of finance lease liability 96 130
Current portion of long-term loans payable 7,421 6,992
Dividends payable 579 0
Current liabilities held for sale 706 1,175
Total current liabilities 42,393 74,055
Long-term liabilities    
Operating lease liability, net of current portion 474 519
Finance lease liability, net of current portion 0 9
Loans payable, net of current portion 7,047 8,911
Deferred income taxes 2,256 857
Total liabilities 52,170 84,351
Stockholders' equity    
Common stock; $0.001 par value; 300,000,000 shares authorized; 185,554,611 and 160,184,921 shares issued and outstanding, respectively 186 160
Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 and 1,750,000 issued and outstanding, respectively 2 2
Additional paid-in capital 1,113,248 1,009,482
Accumulated other comprehensive income 255 226
Accumulated deficit (303,130) (332,643)
Total stockholders' equity 810,561 677,227
Total liabilities and stockholders' equity $ 862,731 $ 761,578