v3.25.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 318,000 $ 735,000
Restricted cash 1,263,000
Accounts receivable 175,000
Prepaid expenses 1,412,000 409,000
Marketable securities 49,000 115,000
Digital assets 787,000 1,016,000
Total current assets 4,004,000 2,275,000
Mining equipment, net 2,609,000 2,994,000
Intangible asset 100,000 100,000
Deposits 2,266,000 2,263,000
Total assets 8,979,000 7,632,000
Liabilities and stockholders’ deficit    
Accounts payable and accrued liabilities 9,834,000 9,045,000
Cash due to third-party 1,263,000
Note payable - current portion 213,000 213,000
Current liabilities 11,310,000 9,258,000
Notes payable less current portion 5,331,000 5,384,000
Total liabilities 16,641,000 14,642,000
Stockholders’ deficit    
Common stock, $0.0001 par value, 150,000,000 shares authorized; 69,985,037 and 52,991,590 shares issued and outstanding, respectively. 6,000 5,000
Additional paid-in capital 66,402,000 60,050,000
Shares to be issued 670,000
Subscription receivable (55,000)
Accumulated deficit (74,015,000) (67,735,000)
Total stockholders’ deficit (7,662,000) (7,010,000)
Total liabilities and stockholders’ deficit $ 8,979,000 $ 7,632,000

Source

10-Q PDF
XBRL