v3.21.2
Consolidated Condensed Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 32,854,092 $ 141,322,776
Digital currencies 64,357,910 2,271,656
Digital currencies, restricted 9,573,684
Other receivable 74,767,226
Deposit 203,258,440 65,647,592
Investment fund 208,765,274
Prepaid expenses and other current assets 35,750,562 2,399,965
Total current assets 554,559,962 286,409,215
Other assets:    
Property and equipment, net of accumulated depreciation and impairment charges of $14,442,777 and $6,480,359 for September 30, 2021 and December 31, 2020, respectively 93,932,227 17,224,321
Prepaid service contract 14,899,389 8,415,000
Right-of-use assets 200,301
Intangible assets, net of accumulated amortization of $260,980 and $207,598 for September 30, 2021 and December 31, 2020, respectively 949,020 1,002,402
Total other assets 109,780,636 26,842,024
TOTAL ASSETS 664,340,598 313,251,239
Current liabilities:    
Accounts payable and accrued expenses 3,374,507 999,742
Current portion of lease liability 121,596
Warrant liability 549,663 322,437
Total current liabilities 3,924,170 1,443,775
Long-term liabilities    
SBA PPP loan payable 62,500
Total long-term liabilities 62,500
Total liabilities 3,924,170 1,506,275
Stockholders’ Equity:    
Preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
Common stock, 0.0001 par value; 200,000,000 shares authorized; 102,506,558 and 81,974,619 issued and outstanding at September 30, 2021 and December 31, 2020, respectively 10,251 8,197
Additional paid-in capital 824,612,618 428,242,763
Accumulated other comprehensive loss (450,719) (450,719)
Accumulated deficit (163,755,722) (116,055,277)
Total stockholders’ equity 660,416,428 311,744,964
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 664,340,598 $ 313,251,239

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