v3.26.1
6. INVESTMENTS AND DERIVATIVES (Tables)
 6 Months Ended
Mar. 31, 2026
Schedule of Investments [Abstract]  
Summary of Carrying Value of all Investments The following table presents the carrying value of all investments and derivative instruments, aside from the Company’s warrant liability, including balances as of September 30, 2025 and activity during the period ended March 31, 2026:

Fair value measurements for derivative instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Condensed Consolidated Balance Sheet classification(1):

 

Derivative investments

 

 

Other current liabilities

 

 ($ in thousands)

 

Bitmain
Derivatives

 

 

DAM Derivative Assets

 

 

DAM Derivative Liabilities

 

 

Interest Rate Swap

 

Balance as of September 30, 2025

 

$

233

 

 

$

—

 

 

$

—

 

 

$

(93

)

Total gains or losses for the period

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) gain on derivative securities

 

 

(5,463

)

 

 

5,622

 

 

 

6,630

 

 

 

54

 

Purchases, sales, and settlements

 

 

 

 

 

 

 

 

 

 

 

 

Purchased and acquired options

 

 

6,513

 

 

 

—

 

 

 

16,897

 

 

 

—

 

Written options

 

 

—

 

 

 

—

 

 

 

(33,952

)

 

 

—

 

Settlements and expiries

 

 

—

 

 

 

(5,406

)

 

 

6,639

 

 

 

—

 

Balance as of March 31, 2026

 

$

1,283

 

 

$

216

 

 

$

(3,786

)

 

$

(39

)

(1) Balance rows presented represent assets if positive or liabilities if negative.