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7. PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consist of the following:

 

 ($ in thousands)

 

December 31, 2023

 

 

September 30, 2023

 

Land

 

$

4,144

 

 

$

4,144

 

Land improvements

 

 

1,695

 

 

 

1,564

 

Building and improvements

 

 

57,705

 

 

 

52,198

 

Leasehold improvements

 

 

672

 

 

 

672

 

Miners

 

 

634,115

 

 

 

527,868

 

Mining equipment

 

 

18,753

 

 

 

18,706

 

Infrastructure

 

 

45,954

 

 

 

45,612

 

Machinery and equipment

 

 

2,190

 

 

 

1,907

 

Furniture and fixtures

 

 

766

 

 

 

386

 

Construction in progress

 

 

64,758

 

 

 

81,875

 

Total

 

$

830,752

 

 

$

734,932

 

Less: accumulated depreciation

 

 

(193,271

)

 

 

(170,537

)

Property and equipment, net

 

$

637,481

 

 

$

564,395