| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue - bitcoin mining | $223.9M+48.0% | $151.3M+19.3% | $126.8M+4076.6% | $3.0M+0.0% | $3.0M | — |
| Cost of revenue | -$81.2M-30.2% | -$62.4M-24.0% | -$50.3M-6825.8% | $748K+0.0% | $748K | — |
| Compensation and benefits | -$79.1M-30.2% | -$60.8M-5.9% | -$57.4M | — | — | — |
| General and administrative | -$36.4M-11.4% | -$32.7M-17.5% | -$27.8M-139.2% | $70.8M-1.8% | $72.1M+2076072.7% | $3K |
| Depreciation and amortization | -$199.0M-94.2% | -$102.4M-73.4% | -$59.1M-1449.8% | $4.4M | — | — |
| Change in fair value of power purchase agreement | -$28.9M-264.3% | -$7.9M-129.5% | $26.8M | — | — | — |
| Power sales | $7.9M+45.6% | $5.4M-45.6% | $9.9M+2270.5% | -$458K+0.0% | -$458K | — |
| Equity in losses of equity investees | -$20.8M-5322.4% | -$384K+84.8% | -$2.5M-106.8% | $37.0M+0.0% | $37.0M | — |
| Unrealized (losses) gains on fair value of bitcoin | -$41.6M-467.7% | $11.3M+242.9% | $3.3M | — | — | — |
| Realized gains on sale of bitcoin | $7.1M-86.2% | $51.5M+566.1% | $7.7M | — | — | — |
| Other operating (losses) gains | -$173.5M-5306.0% | $3.3M+41.5% | $2.4M | — | — | — |
| Total costs and operating expenses | -$645.5M-231.1% | -$195.0M-32.7% | -$147.0M-463.2% | $40.5M-43.9% | $72.2M | — |
| Operating loss | -$421.6M-864.7% | -$43.7M-117.2% | -$20.1M+46.2% | -$37.4M+48.1% | -$72.2M-2073233.3% | -$3K |
| Interest income | $19.5M+475.6% | $3.4M+1963.4% | $164K-23.7% | $215K+5275.0% | $4K-7.6% | $4K |
| Interest expense | -$36.6M-2040.5% | -$1.7M+14.6% | -$2.0M-1359.1% | -$137K-407.4% | -$27K-0.3% | -$27K |
| Change in fair value of warrant liability | $19.3M+7616.0% | $250K+202.9% | -$243K-286.9% | $130K+490.9% | $22K+0.8% | $22K |
| Other expense | -$406.2M-15867.1% | -$2.5M-14864.7% | -$17K | — | — | — |
| Total other expense | -$404.0M-65271.2% | -$618K+70.5% | -$2.1M-1107.2% | $208K+20900.0% | -$1K-32.8% | -$753 |
| Loss before taxes | -$825.6M-1762.8% | -$44.3M-99.5% | -$22.2M+40.3% | -$37.2M+48.4% | -$72.2M | — |
| Current income tax expense | -$956K+23.8% | -$1.3M-524.4% | -$201K | $0 | — | — |
| Deferred income tax benefit (expense) | $4.3M+355.6% | $937K+127.8% | -$3.4M-82.9% | -$1.8M | — | — |
| Total income tax benefit (expense) | $3.3M+1141.8% | -$318K+91.1% | -$3.6M-93.9% | -$1.8M | $0 | — |
| Net loss | -$822.2M-1742.2% | -$44.6M-73.2% | -$25.8M+34.0% | -$39.1M+45.9% | -$72.2M-2073262.1% | -$3K |
| Less: Net loss attributable to redeemable noncontrolling interest | $0 | $0 | $0 | — | — | — |
| Net loss available for common stockholders | -$822.2M-1742.2% | -$44.6M-73.2% | -$25.8M+34.0% | -$39.1M+45.9% | -$72.2M-2073262.1% | -$3K |
| Loss per share - basic (in dollars per share) | -$2150.00-1435.7% | -$140.00-40.0% | -$100.00+37.5% | -$160.00+51.5% | -$330.00 | — |
| Loss per share - diluted (in dollars per share) | -$2150.00-1435.7% | -$140.00-40.0% | -$100.00+37.5% | -$160.00+51.5% | -$330.00 | — |
| Weighted average shares outstanding - basic (in shares) | 381.60B+18.1% | 323.10B+28.0% | 252.44B+1.7% | 248.23B+13.9% | 218.03B | — |
| Weighted average shares outstanding - diluted (in shares) | 381.60B+18.1% | 323.10B+28.0% | 252.44B+1.7% | 248.23B+13.9% | 218.03B | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.