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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Revenues, net        
Sale of goods revenues $ 891,965 $ 3,352,098 $ 1,979,999 $ 4,277,494
Service, software and related revenues 511,931 306,185 948,057 357,613
Cryptocurrency mining revenue 6,715,792 7,449,202
Total revenues, net 8,119,688 3,658,283 10,377,258 4,635,107
Costs and expenses        
Cost of revenues (exclusive of depreciation and amortization shown below) 1,537,683 2,913,828 2,879,197 3,757,262
Professional fees 2,456,554 1,005,991 4,169,277 2,522,578
Payroll expenses 3,262,097 984,380 6,576,298 1,695,919
General and administrative expenses 1,243,154 311,131 2,193,293 541,792
Depreciation and amortization 2,117,172 715,005 3,226,263 1,381,069
Total costs and expenses 10,616,660 5,930,335 19,044,328 9,898,620
Loss from operations (2,496,972) (2,272,052) (8,667,070) (5,263,513)
Other income (expense)        
Other income 541,576 541,576
Realized gain on sale of digital currency 585,709 635,627
Unrealized gain/(loss) on equity security 343,000 (210,000) 269,500 158,868
Unrealized gain on derivative security 8,400,629 (1,441,763) 7,380,135 824,891
Interest income (expense), net 26,098 (1,891,283) 72,742 (3,451,598)
Total other income (expense) 9,897,012 (3,543,046) 8,899,580 (2,467,839)
Net Income/(loss) attributable to the Company 7,400,040 (5,815,098) 232,510 (7,731,352)
Preferred stock dividends 177,505 177,505
Net Income (loss) attributable to the Company’s common shareholders $ 7,222,535 $ (5,815,098) $ 55,005 $ (7,731,352)
Earnings/(loss) per common share - basic $ 0.28 $ (1.13) $ 0.00 $ (1.56)
Weighted average common shares outstanding - basic 25,925,259 5,135,802 24,025,557 4,957,491
Earnings/(loss) per common share - diluted $ 0.22 $ (1.13) $ 0.00 $ (1.56)
Fully diluted weighted average common shares outstanding 32,697,863 5,135,802 30,798,161 4,957,491