In June 2022, the Company determined to make available for sale the asset groups related to its energy segment due to its strategic shift to strictly focus on its bitcoin mining operations. As a result, the energy segment's results of operations have been reclassified as discontinued operations on a retrospective basis for all periods presented. Accordingly, the assets and liabilities of this segment are separately reported as “assets and liabilities held for sale” as of June 30, 2024 and September 30, 2023 in the Condensed Consolidated Balance Sheets. Through September 2023, the Company sold the majority of its software and intellectual property assets related to the energy segment and is in the process of selling additional remaining inventory and assets. The results of operations of this segment, for all periods, are separately reported as “discontinued operations” in the Condensed Consolidated Statements of Operations and Comprehensive Loss.

Provided below are the key areas of the financials that constitute the discontinued operations:


	June 30, 2024		September 30, 2023
($ in thousands)
ASSETS
Current assets
Accounts receivable, net	$	—	$	126
Inventory		320		319
Total current assets held for sale	$	320	$	445

Total assets held for sale	$	320	$	445

LIABILITIES
Total current liabilities held for sale		611		1,175
Total liabilities held for sale	$	611	$	1,175


	For the three months ended					For the nine months ended
($ in thousands)	June 30, 2024		June 30, 2023			June 30, 2024		June 30, 2023
Total revenues, net	$	—	$	11		$	—	$	140

Total costs and expenses		—		110			—		794

Loss from operations	$	—	$	(99	)	$	—	$	(654	)

Total other income		—		(3	)		—		1,715

(Loss) income before income tax (expense) benefit		—		(102	)		—		1,061
Income tax benefit (expense)		—		—			—		—
Net (loss) income attributable to common shareholders	$	—	$	(102	)	$	—	$	1,061