| ADDITIONAL DETAILS TO THE STATEMENTS OF CASH FLOW |
NOTE 19: ADDITIONAL DETAILS
TO THE STATEMENTS OF CASH FLOW
| |
|
Three months ended March 31, |
|
| |
|
2026 |
|
|
2025 |
|
| |
|
|
|
|
|
|
| Changes in non-cash working capital components: |
|
|
|
|
|
|
| (Increase) decrease in accounts receivable, net |
|
|
(3,382 |
) |
|
|
702 |
|
| (Increase) decrease in other current assets |
|
|
(111 |
) |
|
|
3,608 |
|
| Increase in inventories |
|
|
(1,734 |
) |
|
|
(429 |
) |
| (Increase) Decrease in deposits |
|
|
(271 |
) |
|
|
11,234 |
|
| Decrease in assets held for sale |
|
|
(261 |
) |
|
|
— |
|
| (Decrease) increase in accounts payable and accrued expenses |
|
|
(2,652 |
) |
|
|
12,719 |
|
| (Decrease) increase in operating lease liabilities |
|
|
(490 |
) |
|
|
743 |
|
| Decrease in taxes payable |
|
|
(4 |
) |
|
|
(188 |
) |
| (Decrease) increase in other non-current liabilities |
|
|
(145 |
) |
|
|
139 |
|
| |
|
|
(9,050 |
) |
|
|
28,528 |
|
| |
|
|
|
|
|
|
|
|
| Significant non-cash transactions: |
|
|
|
|
|
|
|
|
| Issuance of common shares, warrants and RSUs in connection with the acquisition of Stronghold |
|
|
— |
|
|
|
78,161 |
|
| Equipment prepayments realized as additions to PPE |
|
|
100 |
|
|
|
40,357 |
|
| Addition of ROU assets and related lease liabilities |
|
|
— |
|
|
|
134 |
|
| Purchase of PPE financed by short-term credit |
|
|
9,474 |
|
|
|
2,416 |
|
| Computational power revenue and its related service expense |
|
|
467 |
|
|
|
788 |
|
| |
|
|
|
|
|
|
|
|
| Depreciation and amortization* |
|
|
|
|
|
|
|
|
| Property, plant and equipment, net |
|
|
27,498 |
|
|
|
27,928 |
|
| Finance lease right-of-use assets |
|
|
112 |
|
|
|
254 |
|
| Intangible assets, net |
|
|
84 |
|
|
|
182 |
|
| |
|
|
27,694 |
|
|
|
28,364 |
|
| * | Depreciation and amortization expenses are part of the
non-cash adjustments in the cash flow statement, and these amounts also include figures from discontinued operations. See Note 8 for
more details. |
The following table provides a reconciliation
of cash and restricted cash reported within the unaudited condensed consolidated balance sheets that sum to the total of the same amounts
shown in the unaudited condensed consolidated statements of cash flows:
| | |
Three months ended March 31, | |
| | |
2026 | | |
2025 | |
| Cash | |
| 357,277 | | |
| 38,546 | |
| Restricted cash | |
| 41,075 | | |
| — | |
| Total cash and restricted cash | |
| 398,352 | | |
| 38,546 | |
As of March 31, 2026, restricted cash represents
letters of credit contractually required by an electric service arrangement. Refer to Note 20 for more details.
|