v3.22.1
Consolidated Condensed Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 118,511,331 $ 268,522,019
Digital currencies 135,123,592 102,805,980
Digital currencies, restricted 20,437,284 20,437,284
Subscription receivable 4,720,197
Deposits 40,791,699 34,458,347
Investment fund 218,236,903 223,778,545
Loan receivable 30,000,000 30,000,000
Prepaid expenses and other current assets 24,764,814 8,148,016
Total current assets 592,585,820 688,150,191
Other assets:    
Property and equipment (net of accumulated depreciation and impairment charges of $34,884,957 and $21,311,461 , respectively) 333,317,458 276,242,794
Advances to vendor 594,239,887 466,254,623
Investments 13,499,825 3,000,000
Long term prepaids 3,130,766 13,665,589
Right-of-use assets 1,326,491
Intangible assets (net of accumulated amortization and impairment charges of $293,049 and $280,497, respectively) 931,226
Total other assets 945,514,427 760,094,232
TOTAL ASSETS 1,538,100,247 1,448,244,423
Current liabilities:    
Accounts payable 7,715,259 10,772,523
Accrued expenses 4,124,873 2,154,616
Operating lease liabilities 264,460
Accrued interest 2,710,411 867,260
Total current liabilities 14,815,003 13,794,399
Long-term liabilities    
Notes payable 729,376,808 728,405,922
Operating lease liabilities 1,071,459
Deferred tax liabilities 18,723,657 23,020,721
Total long-term liabilities 749,171,924 751,426,643
Stockholders’ Equity:    
Preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively
Common stock, 0.0001 par value; 200,000,000 shares authorized; 106,051,713 and 102,733,273 issued and outstanding at March 31, 2022 and December 31, 2021, respectively 10,605 10,273
Additional paid-in capital 939,741,806 835,693,610
Accumulated other comprehensive loss (450,719) (450,719)
Accumulated deficit (165,188,372) (152,229,783)
Total stockholders’ equity 774,113,320 683,023,381
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,538,100,247 $ 1,448,244,423

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