Quarterly report pursuant to Section 13 or 15(d)

Segment Information - Schedule of reportable segments and operating income (Details)

v3.23.1
Segment Information - Schedule of reportable segments and operating income (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Reportable segment revenue:    
Total segment and consolidated revenue $ 73,236 $ 79,787
Total segment and consolidated cost of revenues 63,122 45,628
Reconciling Items:    
Selling, general, and administrative (12,675) (10,910)
Depreciation and amortization (59,340) (14,245)
Change in fair value of derivative asset (5,778) 43,683
Power curtailment credits 3,075 2,552
Change in fair value of contingent consideration (176)
Realized gain on sale of Bitcoin 13,775 9,665
Casualty-related charges (recoveries), net (1,526)
Impairment of Bitcoin (4,472) (25,870)
Interest income (expense) (3,830) (357)
Unrealized loss on marketable equity securities (1,611)
Current income tax benefit (expense) (76) (312)
Deferred income tax benefit (expense) 5,045
Net income (loss) (55,688) 36,578
Bitcoin Mining [Member]    
Reportable segment revenue:    
Total segment and consolidated revenue 48,023 57,945
Total segment and consolidated cost of revenues 28,691 23,931
Data Center Hosting [Member]    
Reportable segment revenue:    
Total segment and consolidated revenue 36,996 21,039
Total segment and consolidated cost of revenues 46,821 21,492
Engineering [Member]    
Reportable segment revenue:    
Total segment and consolidated revenue 21,356 15,238
Total segment and consolidated cost of revenues 18,886 13,552
Other revenue [Member]    
Reportable segment revenue:    
Total segment and consolidated revenue 24 24
Eliminations [Member]    
Reportable segment revenue:    
Total segment and consolidated revenue (33,163) (14,459)
Total segment and consolidated cost of revenues $ (31,276) $ (13,347)