After reading what the SEC accountant wrote, one thing I did not see was anything about the hashlets that were not "sold" but rather what was "converted" hardware into hashlets. Did I miss it or is it not there. Because that would change a lot of the numbers.
-Dave
This was one of my first thoughts, too. But then look at the dates in question. It's only August - December, 2014. This is after the power was cut in MS. After the house was abandoned. After any purchase of Chinese hashpower. This is a very conservative timeframe. The actual theft is probably much more than the number they provided.