| SUPPLEMENTAL CASH FLOW AND NONCASH INFORMATION |
14. SUPPLEMENTAL CASH FLOW AND NONCASH INFORMATION The following table presents supplemental cash flow and non-cash information for the periods presented (in thousands):
| | | | | | | | | | | | | Nine Months Ended September 30, | | 2025 | | 2024 | | Supplemental disclosure of other cash flow information: | | | | | Cash paid for interest | $ | 15,258 | | | $ | 26,175 | | Income tax payments (refunds) | 298 | | | (1,288) | | Cash paid for reorganization items | — | | | 53,835 | | | Supplemental disclosure of noncash investing and financing activities: | | | | Purchases of PP&E in accounts payable and accrued expense | $ | 154,440 | | | $ | 9,028 | | | Noncash exercise of warrants | 24,692 | | | 37,924 | | | Accrued taxes related to net share settlement of equity awards | 3,781 | | | — | | | Reclass of other current and non-current assets to plant, property, and equipment | — | | | 9,268 | | | Reduction in plant, property, and equipment basis related to Bitmain purchase | — | | | (26,101) | | | Decrease in right-of-use assets due to lease termination | — | | | — | | | Increase in right-of-use assets due to lease commencement | — | | | 70,690 | | | Increase in lease liability due to lease commencement | — | | | — | | | Extinguishment of convertible notes upon emergence | — | | | (559,902) | | | Extinguishment of accounts payable, accrued expenses, finance lease liability, and notes payable upon emergence | — | | | (321,773) | | | Cancellation of common stock in connection with emergence | — | | | (36) | | | Issuance of new common stock in connection with emergence | — | | | 296,893 | | | Issuance of new common stock for Bitmain obligation | — | | | 27,839 | | | Issuance of new common stock for the Equity Rights Offering backstop commitment | — | | | 5,475 | | | Issuance of contingent value rights | — | | | 86,325 | | | Issuance of warrants | — | | | 345,856 | | | Issuance of New Secured Convertible Notes | — | | | 260,000 | | | Issuance of Secured Notes, net of discount | — | | | 149,520 | | Issuance of Exit Credit Agreement including $1.2 million paid in kind upfront fee | — | | | 41,200 | | | Issuance of miner equipment lender facility loans | — | | | 52,947 | | Issuance of notes related to settlement | — | | | 9,092 | | | Cumulative effect of adoption of ASU 2023-08, Accounting for and Disclosure of Crypto Assets | — | | | 24 | | Issuance of new common stock for PIK interest on New Secured Convertible Notes | — | | | 3,677 | | Issuance of new common stock for New Secured Convertible Notes conversion | $ | — | | | $ | 261,772 | | | | | | | | | | | | | |
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