v3.26.1
BUSINESS COMBINATION - Schedule of Final Purchase Price Allocation and the Fair Value of the Net Assets (Details) - Stronghold Digital Mining, Inc.
$ in Thousands
Mar. 14, 2025
USD ($)
Purchase consideration  
Cash paid through repayment of debts $ 44,982
Reimbursement of Stronghold's acquisition-related costs 6,078
Fair value of replacement stock-based compensation 232
Settlement of Refundable Hosting Deposits 15,474
Total consideration received 144,695
Net identifiable assets acquired  
Cash 2,976
Accounts receivable 1,095
Short-term prepaid deposits 1,732
Other assets (current) 118
Rights to renewable energy credits and waste tax credits 8,989
Inventories 3,269
Property, plant and equipment 152,264
Intangible assets 51
Operating and finance lease right-of-use assets 1,594
Other non-current assets 1,550
Accounts payable and accrued expenses (23,488)
Current portion of long-term debt (420)
Current portion of operating and finance lease liabilities (800)
Long-term debt (460)
Non-current operating and finance lease liabilities (756)
Other non-current liabilities (3,019)
Total net identifiable assets acquired 144,695
Common stock  
Purchase consideration  
Fair value of equity issued 66,452
Warrants  
Purchase consideration  
Fair value of equity issued $ 11,477