| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Total revenue | $319.0M-37.5% | $510.7M+1.6% | $502.4M-99.9% | $640.31B+17.6% | $544.48B+902557.5% | $60.3M |
| Total cost of revenue | $16.6M-99.9% | $21.71B | $0 | $0-100.0% | $50.2M+1584.9% | $3.0M |
| Gross profit | $37.9M-68.7% | $121.1M-1.9% | $123.5M-98.5% | $8.40B-96.5% | $238.86B+2543149.6% | $9.4M |
| Decrease in fair value of digital assets | $31.6M+2904.1% | $1.1M | $0 | $0 | — | — |
| Gain from sale of digital assets | $0 | $0+100.0% | -$3.9M-100.0% | $44.30B | — | — |
| Impairment of digital assets | $0 | $0-100.0% | $4.4M+100.0% | -$231.31B-521.7% | -$37.21B-930149900.0% | -$4K |
| Decrease in fair value of energy derivatives | $0-100.0% | $2.8M-29.6% | $3.9M | $0 | $0 | — |
| Loss on disposal of property, plant and equipment | $9.7M+129.9% | $4.2M+115.2% | $2.0M+100.0% | -$28.02B-23650.0% | -$118.0M-5899900.0% | -$2K |
| Impairment of property, plant and equipment | $11.4M-90.8% | $122.9M | $0+100.0% | -$590.67B | $0 | $0 |
| Colocation organizational and site startup costs | $48.2M+251.3% | $13.7M | $0 | — | — | — |
| Advisor fees | $23.4M+384.7% | $4.8M | $0 | — | — | — |
| Selling, general and administrative | $159.2M+40.0% | $113.7M+5.2% | $108.1M | — | — | — |
| Operating (loss) income | -$245.6M-72.9% | -$142.1M-1685.4% | $9.0M+100.0% | -$2.11T-1704.3% | $131.49B+2078399.4% | -$6.3M |
| Loss (gain) on debt extinguishment | $1.9M+296.9% | $487K+102.4% | -$20.1M-107.0% | $287.0M-96.4% | $8.02B+601250.3% | $1.3M |
| Interest (income) expense, net | -$3.3M-108.8% | $37.1M-57.0% | $86.2M-99.9% | $96.83B+118.3% | $44.35B+999764.7% | $4.4M |
| Change in fair value of warrants and contingent value rights | $33.1M-97.6% | $1.37B | $0+100.0% | -$37.94B | — | — |
| Reorganization items, net | $0+100.0% | -$111.4M-158.3% | $191.1M+100.1% | -$197.41B | $0 | $0 |
| Loss on legal settlements | $10.7M+416.4% | $2.1M | $0 | — | -$2.64B-45438.8% | $5.8M |
| Other non-operating expense (income), net | $39K+101.6% | -$2.4M+5.3% | -$2.5M-100.0% | $5.23B+261500.0% | $2.0M+1718.2% | $110K |
| Total non-operating expense, net | $42.4M-96.7% | $1.29B+408.3% | $254.8M-99.5% | $53.86B-21.3% | $68.42B+1163686.4% | $5.9M |
| Loss before income taxes | -$288.0M+80.0% | -$1.44B-484.6% | -$245.8M+100.0% | -$2.16T-3529.9% | $63.08B+516854.1% | -$12.2M |
| Income tax expense | $583K-32.1% | $859K+25.8% | $683K+100.0% | -$17.09B-208.4% | $15.76B | $0 |
| Net loss | -$288.6M+79.9% | -$1.44B-483.3% | -$246.5M+100.0% | -$2.15T-4636.5% | $47.31B+387712.6% | -$12.2M |
| Net loss per share, basic (in dollars per share) | -$880.00+81.9% | -$4870.00-649.2% | -$650.00+89.7% | -$6300.00-2839.1% | $230.00+264.3% | -$140.00 |
| Net loss per share, diluted (in dollars per share) | -$880.00+81.9% | -$4870.00-649.2% | -$650.00+89.7% | -$6300.00-3250.0% | $200.00+242.9% | -$140.00 |
| Weighted average shares outstanding, basic (in shares) | 318.1M+24.3% | 255.8M-32.7% | 379.9M+11.5% | 340.6M+64.4% | 207.3M+31.5% | 157.6M |
| Weighted average shares outstanding, diluted (in shares) | 318.1M+24.3% | 255.8M-32.7% | 379.9M+11.5% | 340.6M+46.0% | 233.3M+48.0% | 157.6M |
| Colocation service | ||||||
| Colocation service | Nonrelated Party | ||||||
| Revenue from customers and related parties | $0-100.0% | $24.38B | $0 | $0-100.0% | $109.86B+7835777.3% | $1.4M |
| Digital asset self-mining | ||||||
| Digital asset self-mining | Nonrelated Party | ||||||
| Digital asset self-mining revenue | $229.2M-43.9% | $408.7M+4.7% | $390.3M-99.9% | $397.80B | — | — |
| Digital asset hosted mining service | ||||||
| Digital asset hosted mining service | Nonrelated Party | ||||||
| Digital asset hosted mining service | Related Party | ||||||
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.