2022 Q1 Form 10-Q Financial Statement

#000162828022014513 Filed on May 16, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $28.70M $3.798M
YoY Change 655.6%
Cost Of Revenue $19.86M $3.543M
YoY Change 460.54%
Gross Profit $8.841M $255.5K
YoY Change 3360.01%
Gross Profit Margin 30.81% 6.73%
Selling, General & Admin $11.42M $910.9K
YoY Change 1154.2%
% of Gross Profit 129.21% 356.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.32M $517.4K
YoY Change 2280.86%
% of Gross Profit 139.34% 202.5%
Operating Expenses $23.74M $910.9K
YoY Change 2506.69%
Operating Profit -$29.64M -$1.173M
YoY Change 2427.1%
Interest Expense $2.911M $78.64K
YoY Change 3602.25%
% of Operating Profit
Other Income/Expense, Net -$2.669M $933.8K
YoY Change -385.82%
Pretax Income -$32.31M -$239.0K
YoY Change 13419.59%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$13.41M -$238.9K
YoY Change 5511.59%
Net Earnings / Revenue -46.72% -6.29%
Basic Earnings Per Share -$0.66
Diluted Earnings Per Share -$0.66 $0.00
COMMON SHARES
Basic Shares Outstanding 20.21M shares
Diluted Shares Outstanding 20.21M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.59M
YoY Change
Cash & Equivalents $25.48M $1.623M
Short-Term Investments $8.764M
Other Short-Term Assets $698.9K $100.6K
YoY Change 594.56%
Inventory $3.552M $282.1K
Prepaid Expenses
Receivables $1.701M $364.7K
Other Receivables $864.6K
Total Short-Term Assets $50.62M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $320.5M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $560.9K
YoY Change
Total Long-Term Assets $321.1M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $50.62M
Total Long-Term Assets $321.1M
Total Assets $371.7M $13.12M
YoY Change 2733.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.24M
YoY Change
Accrued Expenses $7.358M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.499M
YoY Change
Long-Term Debt Due $78.69M
YoY Change
Total Short-Term Liabilities $124.4M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $32.06M
YoY Change
Other Long-Term Liabilities $1.112M
YoY Change
Total Long-Term Liabilities $34.02M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $124.4M
Total Long-Term Liabilities $34.02M
Total Liabilities $158.4M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$241.9M
YoY Change
Common Stock $2.002K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $40.62M
YoY Change
Total Liabilities & Shareholders Equity $371.7M
YoY Change

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$13.41M -$238.9K
YoY Change 5511.59%
Depreciation, Depletion And Amortization $12.32M $517.4K
YoY Change 2280.86%
Cash From Operating Activities -$2.502M $2.958M
YoY Change -184.6%
INVESTING ACTIVITIES
Capital Expenditures -$43.72M -$2.855M
YoY Change 1431.34%
Acquisitions
YoY Change
Other Investing Activities $13.97M $484.4K
YoY Change 2783.71%
Cash From Investing Activities -$29.75M -$2.371M
YoY Change 1155.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $25.94M $732.3K
YoY Change 3442.61%
NET CHANGE
Cash From Operating Activities -$2.502M $2.958M
Cash From Investing Activities -$29.75M -$2.371M
Cash From Financing Activities $25.94M $732.3K
Net Change In Cash -$6.309M $1.320M
YoY Change -578.14%
FREE CASH FLOW
Cash From Operating Activities -$2.502M $2.958M
Capital Expenditures -$43.72M -$2.855M
Free Cash Flow $41.22M $5.813M
YoY Change 609.07%

Facts In Submission

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CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
35782 USD
CY2022Q1 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-410916 USD
CY2021Q1 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
3348824 USD
CY2022Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
68647 USD
CY2021Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
319071 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2164896 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
227167 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-55742 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2502222 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2957785 USD
CY2022Q1 us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
12998410 USD
CY2021Q1 us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
484387 USD
CY2022Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
970000 USD
CY2021Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2021Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
2854904 USD
CY2022Q1 sdig Payments For Equipment Purchase Deposits Net Of Future Commitments
PaymentsForEquipmentPurchaseDepositsNetOfFutureCommitments
6482000 USD
CY2021Q1 sdig Payments For Equipment Purchase Deposits Net Of Future Commitments
PaymentsForEquipmentPurchaseDepositsNetOfFutureCommitments
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29749922 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2370517 USD
CY2022Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
9282227 USD
CY2021Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
109364 USD
CY2022Q1 sdig Payments For Insurance Premiums
PaymentsForInsurancePremiums
1832149 USD
CY2021Q1 sdig Payments For Insurance Premiums
PaymentsForInsurancePremiums
0 USD
CY2022Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
24144586 USD
CY2021Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2022Q1 sdig Proceeds From Equipment Financing Agreement
ProceedsFromEquipmentFinancingAgreement
12912512 USD
CY2021Q1 sdig Proceeds From Equipment Financing Agreement
ProceedsFromEquipmentFinancingAgreement
0 USD
CY2022Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
841670 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25942722 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
732306 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6309422 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1319574 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31790115 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
303187 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25480693 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1622761 USD
CY2021Q2 sdig Stock Issued During Period Shares Business Reorganization
StockIssuedDuringPeriodSharesBusinessReorganization
576000 shares
CY2021Q2 sdig Payments For Business Reorganization
PaymentsForBusinessReorganization
2000000 USD
CY2021Q2 sdig Business Reorganization Consideration Transferred
BusinessReorganizationConsiderationTransferred
7000000 USD
CY2021Q2 sdig Payments For Business Reorganization
PaymentsForBusinessReorganization
2000000 USD
CY2021Q2 sdig Business Reorganization Consideration Transferred Equity Interests Issued And Issuable
BusinessReorganizationConsiderationTransferredEquityInterestsIssuedAndIssuable
5000000 USD
CY2021Q2 sdig Stock Issued During Period Shares Business Reorganization
StockIssuedDuringPeriodSharesBusinessReorganization
576000 shares
CY2021Q2 sdig Business Reorganization Share Price
BusinessReorganizationSharePrice
8.68
CY2021Q2 sdig Shares Issued During Period Shares Exchange Of Common Stock
SharesIssuedDuringPeriodSharesExchangeOfCommonStock
14400 shares
CY2022Q1 sdig Contract With Supplier Number Of Renewal Terms
ContractWithSupplierNumberOfRenewalTerms
3 renewal_term
CY2022Q1 sdig Reported Energy Revenue Percentage
ReportedEnergyRevenuePercentage
1
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2021Q1 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2022Q1 sdig Intangible Assets Restricted Current
IntangibleAssetsRestrictedCurrent
8763725 USD
CY2022Q1 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
5104861 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2022Q1 sdig Revenue From Contract With Customer Settlement Term Dispute Term
RevenueFromContractWithCustomerSettlementTermDisputeTerm
P35D
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q1 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
3441871 USD
CY2021Q4 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
3238383 USD
CY2022Q1 sdig Energy Related Inventory Fuel Oil
EnergyRelatedInventoryFuelOil
81561 USD
CY2021Q4 sdig Energy Related Inventory Fuel Oil
EnergyRelatedInventoryFuelOil
94913 USD
CY2022Q1 sdig Energy Related Inventory Limestone
EnergyRelatedInventoryLimestone
28596 USD
CY2021Q4 sdig Energy Related Inventory Limestone
EnergyRelatedInventoryLimestone
38958 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
3552028 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
3372254 USD
CY2022Q1 sdig Unrecorded Unconditional Purchase Obligation Number Of Vendors
UnrecordedUnconditionalPurchaseObligationNumberOfVendors
5 vendor
CY2022Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
98577594 USD
CY2022Q1 us-gaap Unrecorded Unconditional Purchase Obligation Minimum Quantity Required
UnrecordedUnconditionalPurchaseObligationMinimumQuantityRequired
43580 miner
CY2022Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
190449776 USD
CY2022Q1 sdig Unrecorded Unconditional Purchase Obligation Remaining Amount To Be Funded
UnrecordedUnconditionalPurchaseObligationRemainingAmountToBeFunded
37709094 USD
CY2022Q1 sdig Unrecorded Unconditional Purchase Obligation Transfers To Property Plant And Equipment
UnrecordedUnconditionalPurchaseObligationTransfersToPropertyPlantAndEquipment
41934346 USD
CY2022Q1 sdig Unrecorded Unconditional Purchase Obligation Impairment
UnrecordedUnconditionalPurchaseObligationImpairment
12228742 USD
CY2022Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
98577594 USD
CY2021Q4 sdig Debt Instrument Unamortized Discount From Issuance Of Warrants
DebtInstrumentUnamortizedDiscountFromIssuanceOfWarrants
1499547 USD
CY2022Q1 us-gaap Depreciation
Depreciation
12319581 USD
CY2021Q1 us-gaap Depreciation
Depreciation
517443 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
117783475 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
73874963 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
78693973 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
50099372 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3757312 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2854787 USD
CY2022Q1 sdig Debt Instrument Unamortized Discount From Issuance Of Stock
DebtInstrumentUnamortizedDiscountFromIssuanceOfStock
868680 USD
CY2021Q4 sdig Debt Instrument Unamortized Discount From Issuance Of Stock
DebtInstrumentUnamortizedDiscountFromIssuanceOfStock
1042416 USD
CY2022Q1 sdig Debt Instrument Unamortized Discount From Issuance Of Warrants
DebtInstrumentUnamortizedDiscountFromIssuanceOfWarrants
2399622 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
32063889 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
18378841 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
70224149 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
43969328 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3589999 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
117783475 USD
CY2021Q2 sdig Unrecorded Unconditional Purchase Obligation Number Of Installments
UnrecordedUnconditionalPurchaseObligationNumberOfInstallments
17 installment
CY2021Q4 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
738500 USD
CY2022Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1499306 USD
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1430659 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28700059 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3798334 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-29637366 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1172782 USD
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2669049 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
933826 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-32306416 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-238956 USD
CY2022Q1 us-gaap Depreciation
Depreciation
12319581 USD
CY2021Q1 us-gaap Depreciation
Depreciation
517443 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
2911452 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
78640 USD
CY2022Q1 us-gaap Cash
Cash
25480693 USD
CY2021Q1 us-gaap Cash
Cash
1622762 USD
CY2022Q1 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
5104861 USD
CY2021Q1 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
403840 USD
CY2022Q1 sdig Intangible Assets Restricted Current
IntangibleAssetsRestrictedCurrent
8763725 USD
CY2021Q1 sdig Intangible Assets Restricted Current
IntangibleAssetsRestrictedCurrent
0 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1701331 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
364665 USD
CY2022Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
864625 USD
CY2021Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
0 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
4449106 USD
CY2021Q1 us-gaap Prepaid Insurance
PrepaidInsurance
0 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
3552028 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
282142 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
698882 USD
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
100622 USD
CY2022Q1 us-gaap Security Deposit
SecurityDeposit
348888 USD
CY2021Q1 us-gaap Security Deposit
SecurityDeposit
0 USD
CY2022Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
98577594 USD
CY2021Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
0 USD
CY2022Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
220200769 USD
CY2021Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
10158411 USD
CY2022Q1 us-gaap Land
Land
1748439 USD
CY2021Q1 us-gaap Land
Land
0 USD
CY2022Q1 sdig Road Bond
RoadBond
211958 USD
CY2021Q1 sdig Road Bond
RoadBond
185245 USD
CY2022Q1 us-gaap Assets
Assets
371702899 USD
CY2021Q1 us-gaap Assets
Assets
13117685 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2592995 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2592995 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
20677113 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3462116 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3379083 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.91
CY2021Q4 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractPrice
9.61
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
30906000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
83032 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.77
CY2022Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractPrice
0
CY2022Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
0 USD
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3462116 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.98
CY2022Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractPrice
9.37
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
31428000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3462116 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.98
CY2022Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Shares Vested And Expected To Vest Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSharesVestedAndExpectedToVestWeightedAverageRemainingContractPrice
9.37
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.66
CY2022Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractPrice
9.34
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
31428000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
682588 shares
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6416000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2021Q1 sdig Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Remaining Contract Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractPrice
0
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2021Q3 sdig Proceeds From Equipment Financing Agreement
ProceedsFromEquipmentFinancingAgreement
24157178 USD
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
301052617 USD
CY2022Q1 sdig Temporary Equity Maximum Redemption Right Valuation
TemporaryEquityMaximumRedemptionRightValuation
-110222560 USD
CY2022Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
172704220 USD
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
-2877584 USD
CY2021Q2 sdig Temporary Equity Maximum Redemption Right Valuation
TemporaryEquityMaximumRedemptionRightValuation
172774052 USD
CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
167661249 USD
CY2021Q3 sdig Temporary Equity Maximum Redemption Right Valuation
TemporaryEquityMaximumRedemptionRightValuation
79669600 USD
CY2021Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
243002389 USD
CY2021Q4 sdig Temporary Equity Maximum Redemption Right Valuation
TemporaryEquityMaximumRedemptionRightValuation
66644424 USD
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
301052617 USD
CY2022Q1 sdig Temporary Equity Maximum Redemption Right Valuation
TemporaryEquityMaximumRedemptionRightValuation
-110222560 USD
CY2022Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
172704220 USD
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28209600 shares
CY2021Q1 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
-1408471 USD
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1152000 shares
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-32306416 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-18897638 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-13408778 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20206103 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.66
CY2022Q1 sdig Renewable Energy Credits Utilized
RenewableEnergyCreditsUtilized
532270 USD
CY2021Q1 sdig Renewable Energy Credits Utilized
RenewableEnergyCreditsUtilized
203500 USD
CY2021Q2 sdig Stock Issued During Period Shares Business Reorganization
StockIssuedDuringPeriodSharesBusinessReorganization
576000 shares
CY2021Q2 sdig Business Reorganization Share Price
BusinessReorganizationSharePrice
8.68
CY2021Q2 sdig Business Reorganization Consideration Transferred Equity Interests Issued And Issuable
BusinessReorganizationConsiderationTransferredEquityInterestsIssuedAndIssuable
5000000 USD
CY2021Q2 sdig Payments For Business Reorganization
PaymentsForBusinessReorganization
2000000 USD
CY2021Q2 sdig Business Reorganization Consideration Transferred
BusinessReorganizationConsiderationTransferred
7000000 USD
CY2020Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
-1336784 USD
CY2021Q1 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-71687 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30750688 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
822526 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
837174 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
78640 USD
CY2022Q1 sdig Warrants Issued Debt Financing
WarrantsIssuedDebtFinancing
1150000 USD
CY2021Q1 sdig Warrants Issued Debt Financing
WarrantsIssuedDebtFinancing
0 USD
CY2022Q1 sdig Non Cash Financing Activities
NonCashFinancingActivities
1150000 USD
CY2021Q1 sdig Non Cash Financing Activities
NonCashFinancingActivities
0 USD
CY2022Q1 sdig Accrued Penalties Reserve
AccruedPenaltiesReserve
420126 USD
CY2021Q4 sdig Accrued Penalties Reserve
AccruedPenaltiesReserve
420126 USD
CY2022Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
8075 USD
CY2021Q2 sdig Tax Receivable Agreement Percentage
TaxReceivableAgreementPercentage
0.85
CY2022Q1 sdig Deferred Tax Liability Tax Receivable Agreement
DeferredTaxLiabilityTaxReceivableAgreement
0 USD
CY2022Q1 sdig Deferred Tax Asset Tax Receivable Agreement
DeferredTaxAssetTaxReceivableAgreement
0 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2609664 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
4449106 USD
CY2021Q1 us-gaap Prepaid Insurance
PrepaidInsurance
0 USD
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
534583 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1457727 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
0 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
73819 USD
CY2022Q1 sdig Accrued Shipping And Handling Current
AccruedShippingAndHandlingCurrent
82449 USD
CY2021Q4 sdig Accrued Shipping And Handling Current
AccruedShippingAndHandlingCurrent
230779 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
800413 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
79267 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4529524 USD
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
0 USD
CY2022Q1 sdig Accrued Rent And Taxes Current
AccruedRentAndTaxesCurrent
29340 USD
CY2021Q4 sdig Accrued Rent And Taxes Current
AccruedRentAndTaxesCurrent
0 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
94990 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
182575 USD
CY2022Q1 sdig Accrued Fuel Current
AccruedFuelCurrent
101167 USD
CY2021Q4 sdig Accrued Fuel Current
AccruedFuelCurrent
0 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
756870 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7357537 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5053957 USD
CY2021Q4 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
131500000 USD
CY2022Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
8570000 USD
CY2021Q4 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
7970000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-600200 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
19.00
CY2021Q4 sdig Sale Of Stock Stock Issuance Costs Price Per Share
SaleOfStockStockIssuanceCostsPricePerShare
1.33
CY2021Q4 sdig Hosting Services Agreement Price Deducted For Power Used
HostingServicesAgreementPriceDeductedForPowerUsed
0.027
CY2021Q4 sdig Hosting Services Agreement Percentage Of Revenue For Company
HostingServicesAgreementPercentageOfRevenueForCompany
0.65
CY2021Q4 sdig Hosting Services Agreement Percentage Of Revenue For Counterparty
HostingServicesAgreementPercentageOfRevenueForCounterparty
0.35
CY2022Q1 sdig Payments For Compensation To Non Employee Directors
PaymentsForCompensationToNonEmployeeDirectors
211473 USD
CY2022Q1 sdig Payments Proceeds For Compensation To Non Employee Directors
PaymentsProceedsForCompensationToNonEmployeeDirectors
136473 USD
CY2021Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
75000 USD
CY2021Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
75000 USD

Files In Submission

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0001628280-22-014513.txt Edgar Link pending
0001628280-22-014513-xbrl.zip Edgar Link pending
exhibit3112.htm Edgar Link pending
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