v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash $ 10,175,211 $ 32,559,185
Finance receivables 20,709 28,193
Short-term investments - convertible debt securities (Note 7)   539,351
Marketable securities (Note 7) 24,220 2,132,051
Short-term investments - debt securities (Note 7) 2,619,292 2,000,000
Prepaid expenses and other assets 1,205,719 1,251,852
Note receivable from related party (Note 7) 2,785,000  
Digital assets (Note 10) 616,257  
Current assets 17,446,408 38,510,632
Fixed assets, net (Note 9) 21,975,960 17,914
Real estate assets owned 80,057 80,057
Operating lease - right of use assets (Note 4) 289,468 59,969
Long-term investments - equity securities (Note 7) 322,246 1,973,413
Investments in unconsolidated affiliates (Note 7) 17,362,125 4,676,130
Deposits on mining equipment and hosting services (Note 8) 10,467,721 16,775,100
Other assets 10,726 10,726
Long-term assets 50,508,303 23,593,309
Total assets 67,954,711 62,103,941
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued expenses 636,369 463,646
Note payable - short-term (Note 3)   114,688
Due to related parties (Note 2) 75,615 121,220
Current portion of lease liability (Note 5) 90,004 68,002
Income tax payable (Note 4) 1,167,856 326,178
Total current liabilities 1,969,844 1,093,734
Lease liability - long-term (Note 5) 203,211  
Long-term liabilities 203,211  
Total liabilities 2,173,055 1,093,734
Stockholders’ equity:    
Preferred stock, par value $.001; 150,000,000 shares authorized; no shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Common stock, par value $0.001; 350,000,000 shares authorized; 13,091,883 and 13,017,943 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 13,092 13,018
Additional paid-in capital 85,469,749 74,525,106
Accumulated deficit (23,323,573) (13,777,006)
Total stockholders’ equity 62,159,268 60,761,118
Non-controlling interest 3,622,388 249,089
Total stockholders’ equity 65,781,656 61,010,207
Total liabilities and stockholders’ equity $ 67,954,711 $ 62,103,941

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