2024 Q2 Form 10-Q Financial Statement
#000159195624000012 Filed on May 13, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| Revenue | $4.666M | $6.946M |
| YoY Change | -14.64% | 129.54% |
| Cost Of Revenue | $3.959M | $4.307M |
| YoY Change | -7.56% | 90.32% |
| Gross Profit | $707.0K | $2.639M |
| YoY Change | -40.24% | 245.87% |
| Gross Profit Margin | 15.15% | 37.99% |
| Selling, General & Admin | $2.986M | $3.452M |
| YoY Change | -23.65% | -7.82% |
| % of Gross Profit | 422.35% | 130.81% |
| Research & Development | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| % of Gross Profit | 0.0% | 0.0% |
| Depreciation & Amortization | $1.816M | $1.821M |
| YoY Change | 32.07% | 77.66% |
| % of Gross Profit | 256.86% | 69.0% |
| Operating Expenses | $10.38M | $8.812M |
| YoY Change | 2.12% | 30.24% |
| Operating Profit | -$5.711M | -$1.866M |
| YoY Change | 21.61% | -50.11% |
| Interest Expense | $0.00 | -$2.740M |
| YoY Change | -100.0% | -532.86% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $558.0K | $129.0K |
| YoY Change | -49.87% | -48.61% |
| Pretax Income | $2.126M | -$4.477M |
| YoY Change | -144.7% | 28.32% |
| Income Tax | $2.000K | |
| % Of Pretax Income | 0.09% | |
| Net Earnings | $2.124M | -$4.477M |
| YoY Change | -144.62% | 28.32% |
| Net Earnings / Revenue | 45.52% | -64.45% |
| Basic Earnings Per Share | $0.11 | -$0.27 |
| Diluted Earnings Per Share | $0.10 | -$0.27 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 18.31M shares | 17.80M shares |
| Diluted Shares Outstanding | 20.88M shares | 16.58M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $13.81M | $9.310M |
| YoY Change | 2628.26% | 243.16% |
| Cash & Equivalents | $4.263M | $2.050M |
| Short-Term Investments | $9.542M | $7.260M |
| Other Short-Term Assets | $3.018M | $1.981M |
| YoY Change | -5.57% | -26.22% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $17.27M | $11.42M |
| YoY Change | 269.24% | 80.29% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $19.54M | $22.72M |
| YoY Change | -31.92% | -25.6% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $3.838M | $4.210M |
| YoY Change | -55.71% | -53.56% |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $3.380M | $3.605M |
| YoY Change | -83.67% | -80.4% |
| Total Long-Term Assets | $26.75M | $30.53M |
| YoY Change | -59.83% | -55.47% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $17.27M | $11.42M |
| Total Long-Term Assets | $26.75M | $30.53M |
| Total Assets | $44.03M | $41.95M |
| YoY Change | -38.23% | -43.99% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $926.0K | $2.013M |
| YoY Change | -66.07% | 28.63% |
| Accrued Expenses | $1.600M | $1.127M |
| YoY Change | -10.81% | -39.28% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $3.935M | $5.007M |
| YoY Change | -45.04% | -2.59% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.935M | $5.007M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $3.935M | $5.007M |
| YoY Change | -69.34% | -53.19% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$449.7M | -$451.8M |
| YoY Change | 4.03% | 5.71% |
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $33.44M | $27.48M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $44.03M | $41.95M |
| YoY Change | -38.23% | -43.99% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.124M | -$4.477M |
| YoY Change | -144.62% | 28.32% |
| Depreciation, Depletion And Amortization | $1.816M | $1.821M |
| YoY Change | 32.07% | 77.66% |
| Cash From Operating Activities | -$3.296M | -$58.00K |
| YoY Change | 76.26% | -64.63% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | |
| YoY Change | -100.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $5.509M | $1.522M |
| YoY Change | -517.35% | -1.17% |
| Cash From Investing Activities | $5.509M | $1.522M |
| YoY Change | -517.35% | -1.17% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 0.000 | |
| YoY Change | -100.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | -3.296M | -$58.00K |
| Cash From Investing Activities | 5.509M | $1.522M |
| Cash From Financing Activities | 0.000 | |
| Net Change In Cash | 2.213M | $1.464M |
| YoY Change | -200.09% | 6.4% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.296M | -$58.00K |
| Capital Expenditures | $0.00 | |
| Free Cash Flow | -$58.00K | |
| YoY Change | -96.64% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | us-gaap |
Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
|
http://sphere3d.com/20240331#AccountingStandardsUpdate202308Member | |
| CY2023Q1 | us-gaap |
Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
|
http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member | |
| CY2024Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
7260000 | usd |
| CY2023Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
0 | usd |
| CY2024Q1 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
| CY2023Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
| CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
26556 | shares |
| CY2024Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
26556 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
43515 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
43515 | shares |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
6946000 | usd |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
3026000 | usd |
| CY2024Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
0 | usd |
| CY2023Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
274000 | usd |
| CY2024Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
| CY2023Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
270000 | usd |
| CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3452000 | usd |
| CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3471000 | usd |
| CY2024Q1 | any |
Net Gain On Bitcoin Transactions And Fair Value Measurment
NetGainOnBitcoinTransactionsAndFairValueMeasurment
|
768000 | usd |
| CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1821000 | usd |
| CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1025000 | usd |
| CY2023Q1 | any |
Net Gain On Bitcoin Transactions And Fair Value Measurment
NetGainOnBitcoinTransactionsAndFairValueMeasurment
|
0 | usd |
| CY2024Q1 | any |
Gain Loss On Sale Of Digital Assets Realized
GainLossOnSaleOfDigitalAssetsRealized
|
0 | usd |
| CY2023Q1 | any |
Gain Loss On Sale Of Digital Assets Realized
GainLossOnSaleOfDigitalAssetsRealized
|
633000 | usd |
| CY2024Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
| CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
96000 | usd |
| CY2024Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8812000 | usd |
| CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
6766000 | usd |
| CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1866000 | usd |
| CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3740000 | usd |
| CY2024Q1 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
-2740000 | usd |
| CY2023Q1 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
0 | usd |
| CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
129000 | usd |
| CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
251000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4477000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3489000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
16000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4477000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3505000 | usd |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.34 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.34 | |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16576914 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16576914 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10291965 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10291965 | shares |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4477000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3489000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000 | usd |
| CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4480000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3491000 | usd |
| CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
26523000 | usd |
| CY2024Q1 | any |
Conversion Of Preferred Shares
ConversionOfPreferredShares
|
4327000 | usd |
| CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1086000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4477000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
27476000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
34565000 | usd |
| CY2023Q1 | any |
Conversion Of Preferred Shares
ConversionOfPreferredShares
|
2311000 | usd |
| CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
485000 | usd |
| CY2023Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
376000 | usd |
| CY2023Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
376000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3489000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
29673000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4477000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3489000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
|
-2740000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
|
0 | usd |
| CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1821000 | usd |
| CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1025000 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1086000 | usd |
| CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
485000 | usd |
| CY2024Q1 | any |
Net Gain On Bitcoin Transactions And Fair Value Measurment
NetGainOnBitcoinTransactionsAndFairValueMeasurment
|
768000 | usd |
| CY2023Q1 | any |
Net Gain On Bitcoin Transactions And Fair Value Measurment
NetGainOnBitcoinTransactionsAndFairValueMeasurment
|
0 | usd |
| CY2024Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-129000 | usd |
| CY2023Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-202000 | usd |
| CY2024Q1 | any |
Digital Currency Issued For Services
DigitalCurrencyIssuedForServices
|
538000 | usd |
| CY2023Q1 | any |
Digital Currency Issued For Services
DigitalCurrencyIssuedForServices
|
312000 | usd |
| CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
0 | usd |
| CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
633000 | usd |
| CY2024Q1 | any |
Impairment Of Intangible Assets Bitcoin
ImpairmentOfIntangibleAssetsBitcoin
|
0 | usd |
| CY2023Q1 | any |
Impairment Of Intangible Assets Bitcoin
ImpairmentOfIntangibleAssetsBitcoin
|
96000 | usd |
| CY2024Q1 | any |
Noncash Operating Lease Cost
NoncashOperatingLeaseCost
|
0 | usd |
| CY2023Q1 | any |
Noncash Operating Lease Cost
NoncashOperatingLeaseCost
|
10000 | usd |
| CY2024Q1 | any |
Proceeds From Sale Of Bitcoin
ProceedsFromSaleOfBitcoin
|
6533000 | usd |
| CY2023Q1 | any |
Proceeds From Sale Of Bitcoin
ProceedsFromSaleOfBitcoin
|
3854000 | usd |
| CY2024Q1 | any |
Increase Decrease In Digital Assets
IncreaseDecreaseInDigitalAssets
|
6946000 | usd |
| CY2023Q1 | any |
Increase Decrease In Digital Assets
IncreaseDecreaseInDigitalAssets
|
2524000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-35000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-413000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
452000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
203000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-173000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
246000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-588000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-58000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-164000 | usd |
| CY2024Q1 | any |
Proceeds For Sale Of Bitcoin Investing
ProceedsForSaleOfBitcoinInvesting
|
1522000 | usd |
| CY2023Q1 | any |
Proceeds For Sale Of Bitcoin Investing
ProceedsForSaleOfBitcoinInvesting
|
0 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3101000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1561000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1522000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1540000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1464000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1376000 | usd |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
586000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1543000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2050000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2919000 | usd |
| CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2050000 | usd |
| CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2713000 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
0 | usd |
| CY2023Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
206000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2050000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2919000 | usd |
| CY2024Q1 | us-gaap |
Transfer To Investments
TransferToInvestments
|
10000000 | usd |
| CY2023Q1 | us-gaap |
Transfer To Investments
TransferToInvestments
|
0 | usd |
| CY2024Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
0 | usd |
| CY2023Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
376000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4500000 | usd |
| CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div>The preparation of the condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. | |
| CY2024Q1 | us-gaap |
Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
|
<div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Property and Equipment</span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property and equipment primarily consists of mining equipment and is stated at cost, including purchase price and all shipping and custom fees, and depreciated using the straight-line method over the estimated useful lives of the assets, generally five years. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reviews the carrying amounts of property and equipment when events or changes in circumstances indicate the assets may not be recoverable. If any such indication exists, the fair value of the asset is estimated in order to determine the extent of the impairment loss, if any.</span></div> | |
| CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
| CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
| CY2024Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | |
| CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
1400000 | usd |
| CY2024Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
7387000 | usd |
| CY2024Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
|
2700000 | usd |
| CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
986000 | usd |
| CY2024Q1 | any |
Proceeds From Sale Of Bitcoin Inclusing Operating And Investing
ProceedsFromSaleOfBitcoinInclusingOperatingAndInvesting
|
8055000 | usd |
| CY2024Q1 | any |
Indefinite Lived Intangible Assets Issued For Services
IndefiniteLivedIntangibleAssetsIssuedForServices
|
538000 | usd |
| CY2024Q1 | any |
Net Gain On Bitcoin Transactions And Fair Value Measurment
NetGainOnBitcoinTransactionsAndFairValueMeasurment
|
768000 | usd |
| CY2024Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
127000 | usd |
| CY2024Q1 | any |
Number Of Bitcoin
NumberOfBitcoin
|
1.8 | bitcoin |
| CY2024Q1 | any |
Realized Gain On Exchange Of Bitcoin
RealizedGainOnExchangeOfBitcoin
|
700000 | usd |
| CY2024Q1 | any |
Other Digital Assets
OtherDigitalAssets
|
0 | usd |
| CY2023Q4 | any |
Other Digital Assets
OtherDigitalAssets
|
0 | usd |
| CY2020Q3 | any |
Promissorynotereceivable
Promissorynotereceivable
|
3100000 | usd |
| CY2020Q3 | any |
Statedinterestrate
Statedinterestrate
|
0.100 | |
| CY2024Q1 | any |
Promissorynotereceivable
Promissorynotereceivable
|
4200000 | usd |
| CY2024Q1 | any |
Note Receivable Due Date
NoteReceivableDueDate
|
2024-07-14 | |
| CY2024Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
0 | usd |
| CY2023Q4 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
10000000 | usd |
| CY2024Q1 | any |
Prepaid Digital Hosting Services Current
PrepaidDigitalHostingServicesCurrent
|
1137000 | usd |
| CY2023Q4 | any |
Prepaid Digital Hosting Services Current
PrepaidDigitalHostingServicesCurrent
|
980000 | usd |
| CY2024Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
289000 | usd |
| CY2023Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
193000 | usd |
| CY2024Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
351000 | usd |
| CY2023Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
575000 | usd |
| CY2024Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
204000 | usd |
| CY2023Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
190000 | usd |
| CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1981000 | usd |
| CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
11938000 | usd |
| CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
22717000 | usd |
| CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
24166000 | usd |
| CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
600000 | usd |
| CY2024Q1 | any |
Property Plant And Equipment Number Of Miners Sold
PropertyPlantAndEquipmentNumberOfMinersSold
|
0 | |
| CY2023Q1 | any |
Property Plant And Equipment Number Of Miners Sold
PropertyPlantAndEquipmentNumberOfMinersSold
|
2066 | miner |
| CY2024Q1 | any |
Prepaid Digital Hosting Services
PrepaidDigitalHostingServices
|
3601000 | usd |
| CY2023Q4 | any |
Prepaid Digital Hosting Services
PrepaidDigitalHostingServices
|
3402000 | usd |
| CY2024Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
4000 | usd |
| CY2023Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
4000 | usd |
| CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3605000 | usd |
| CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3406000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
37628000 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
37628000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33418000 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33047000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4210000 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4581000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
400000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
400000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1100000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1500000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1500000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
100000 | usd |
| CY2023Q3 | any |
Maximum Percentage Of Stock Permitted To Sale
MaximumPercentageOfStockPermittedToSale
|
0.20 | |
| CY2023Q3 | us-gaap |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
|
3000000 | usd |
| CY2024Q1 | us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | |
| CY2024Q1 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
| CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1025000 | usd |
| CY2024Q1 | any |
Option Awards Maximum Term
OptionAwardsMaximumTerm
|
P10Y | |
| CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
395241 | shares |
| CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.34 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
246150 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.65 | |
| CY2024Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
0 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
641391 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.92 | |
| CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y9M18D | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
641391 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
4.92 | |
| CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P4Y9M18D | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
0 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
325599 | shares |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.39 | |
| CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y2M12D | |
| CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.05 | |
| CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
| CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1086000 | usd |
| CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
485000 | usd |
| CY2024Q1 | any |
Number Of Letters Of Credit Outstanding
NumberOfLettersOfCreditOutstanding
|
0 | |
| CY2024Q1 | any |
Recovery Of Bitcoin
RecoveryOfBitcoin
|
1500000 | usd |
| CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment |
| CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
| CY2024Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | |
| CY2024Q1 | any |
Number Of Mining Pool Operators
NumberOfMiningPoolOperators
|
2 | |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
3026000 | usd |
| CY2023Q1 | us-gaap |
Gross Profit
GrossProfit
|
763000 | usd |
| CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3740000 | usd |
| CY2023Q1 | us-gaap |
Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
|
1561000 | usd |
