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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) | 6 Months Ended
--- | ---
Jun. 30, 2025 | Jun. 30, 2024
Revenues |  |
Revenues | $ 283,990,631 |
Operating costs and expenses: |  |
Cost of revenue (exclusive of depreciation shown below) | 225,447,985 |
Cost of revenue (depreciation) | 43,194,326 |
General and administrative | 13,014,756 | $ 3,203,605
Provision for credit losses | 1,209,459 |
Impairment loss from mining machines | 256,856,570 |
Gain from changes in fair value of receivable for bitcoin collateral | (51,715,376) |
Total operating costs and expenses | 488,007,720 | 3,203,605
Operating loss from continuing operations | (204,017,089) | (3,203,605)
Interest income | 991,173 | 4,295,668
Interest expense | (3,363,606) |
Foreign exchange loss, net | (7,988) |
Other income | 226,993 | 166,451
Other expenses | (78,095) |
Net income (loss) before income taxes from continuing operations | (206,248,612) | 1,258,514
Income tax benefit | 1,150,475 |
Net income (loss) from continuing operations | (205,098,137) | 1,258,514
Discontinued operations: |  |
Income (loss) from discontinued operations | (129,822,040) | 23,732,735
Income tax expenses | (32,646,978) | (607,490)
Net income (loss) from discontinued operations | (162,469,018) | 23,125,245
Net income (loss) attributable to Cango Inc.'s shareholders | $ (367,567,155) | $ 24,383,759
Basic |  |
Continuing operations (in dollars per share) | $ (0.97) | $ 0.01
Discontinued operations (in dollars per share) | (0.77) | 0.11
Diluted |  |
Continuing operations (in dollars per share) | (0.97) | 0.01
Discontinued operations (in dollars per share) | $ (0.77) | $ 0.1
Weighted average shares used to compute earnings (losses) per Class A and Class B share: |  |
Basic (in shares) | 210,845,952 | 209,562,578
Diluted (in shares) | 210,845,952 | 225,581,323
Other comprehensive income (loss), net of tax |  |
Release accumulated other comprehensive loss | $ 44,270,340 |
Foreign currency translation adjustment | 5,304,633 | $ (9,116,942)
Total comprehensive income (loss) | (317,992,182) | 15,266,817
Total comprehensive income (loss) attributable to Cango Inc.'s shareholders | (317,992,182) | $ 15,266,817
Bitcoin mining income |  |
Revenues |  |
Revenues | 282,269,981 |
International automobile trading income |  |
Revenues |  |
Revenues | $ 1,720,650 |

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