| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Digital asset revenue | $151.6M+8.2% | $140.1M+102.3% | $69.2M+360.5% | $15.0M |
| HPC lease revenue | $16.9M | $0 | $0 | — |
| Total revenue | $168.5M+20.3% | $140.1M+102.3% | $69.2M | — |
| Cost of revenue (exclusive of depreciation shown below) | $82.7M+32.0% | $62.6M+129.2% | $27.3M+146.5% | $11.1M |
| Depreciation | $88.6M+48.1% | $59.8M+111.0% | $28.4M+325.2% | $6.7M |
| Loss (gain) on fair value of digital assets, net | $612K+127.8% | -$2.2M | $0 | $0 |
| Realized gain on sale of digital assets | $0 | $0+100.0% | -$3.2M-457.8% | -$569K |
| Impairment of digital assets | $0 | $0-100.0% | $3.0M+108.9% | $1.5M |
| Change in fair value of contingent consideration | $10.4M | $0 | $0 | — |
| Loss on disposals of property, plant, and equipment, net | $4.9M-72.5% | $17.8M+1374.3% | $1.2M | $0 |
| Total costs and expenses | $354.7M+64.0% | $216.3M+119.2% | $98.7M+67.8% | $58.8M |
| Operating loss | -$186.2M-144.3% | -$76.2M-159.1% | -$29.4M+32.7% | -$43.7M |
| Interest expense | -$80.2M-305.4% | -$19.8M+43.1% | -$34.8M-41.1% | -$24.7M |
| Change in fair value of warrants and derivatives | -$429.8M | $0 | $0 | — |
| Loss on extinguishment of debt | $0+100.0% | -$6.3M | $0+100.0% | -$2.1M |
| Other income | $39.0M+894.2% | $3.9M+1600.0% | $231K | $0 |
| Loss before income tax and equity in net (loss) income of investee | -$657.2M-568.0% | -$98.4M-53.7% | -$64.0M+9.2% | -$70.5M |
| Income tax provision | -$76K | $0 | $0-100.0% | $256K |
| Equity in net (loss) income of investee, net of tax | -$4.1M-222.8% | $3.4M+136.2% | -$9.3M+40.9% | -$15.7M |
| Gain on sale of equity interest in investee | $0-100.0% | $22.6M | $0 | $0 |
| Loss from continuing operations | -$661.4M-813.3% | -$72.4M+1.2% | -$73.3M+14.7% | -$85.9M |
| Loss from discontinued operations, net of tax | $0 | $0+100.0% | -$129K+97.3% | -$4.9M |
| Net loss | -$661.4M-813.3% | -$72.4M+1.4% | -$73.4M+19.1% | -$90.8M |
| Continuing operations, basic (in dollars per share) | -$1660.00-690.5% | -$210.00+40.0% | -$350.00+55.1% | -$780.00 |
| Continuing operations, diluted (in dollars per share) | -$1660.00-690.5% | -$210.00+40.0% | -$350.00+55.1% | -$780.00 |
| Discontinued operations, basic (in dollars per share) | $0.00 | $0.00 | $0.00+100.0% | -$40.00 |
| Discontinued operations, diluted (in dollars per share) | $0.00 | $0.00 | $0.00+100.0% | -$40.00 |
| Earnings per share, basic (in dollars per share) | -$1660.00-690.5% | -$210.00+40.0% | -$350.00+57.3% | -$820.00 |
| Earnings per share, diluted (in dollars per share) | -$1660.00-690.5% | -$210.00+40.0% | -$350.00+57.3% | -$820.00 |
| Basic (in shares) | 397.61B+13.2% | 351.32B+67.3% | 209.96B+89.8% | 110.64B |
| Diluted (in shares) | 397.61B+13.2% | 351.32B+67.3% | 209.96B+89.8% | 110.64B |
| Nonrelated Party | ||||
| Operating expenses | $7.6M+79.1% | $4.3M+53.7% | $2.8M+122.2% | $1.2M |
| Selling, general and administrative expenses | $8.3M-34.7% | $12.7M-4.7% | $13.3M+0.3% | $13.3M |
| 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.