Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Operations (Unaudited)

v3.21.1
Condensed Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 23,197 $ 2,386
Costs and expenses:    
Cost of revenues (exclusive of depreciation and amortization shown below) 7,534 1,407
Selling, general and administrative 5,462 3,735
Depreciation and amortization 2,846 663
Impairment of cryptocurrencies 989
Total costs and expenses 15,842 6,794
Operating income (loss) 7,355 (4,408)
Other income (expense):    
Gain on sale of equipment 17
Interest income 175
Interest expense (2)
Other income 10
Realized gain on sale/exchange of cryptocurrencies 106
Total other income 175 131
Net income (loss) $ 7,530 $ (4,277)
Basic net income (loss) per share $ 0.09 $ (0.15)
Diluted net income (loss) per share $ 0.09 $ (0.15)
Basic weighted average number of shares outstanding 83,163,400 28,585,915
Diluted weighted average number of shares outstanding 83,712,151 28,585,915
Revenue, net - cryptocurrency mining [Member]    
Revenue:    
Total revenue $ 23,173 $ 2,362
License fees [Member]    
Revenue:    
Total revenue $ 24 $ 24