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CONDENSCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenue $ 24,328,000 $ 31,061,000 $ 75,205,000 $ 87,219,000
Total cost of revenue 18,063,000 22,516,000 57,530,000 64,273,000
Gross profit 6,265,000 8,545,000 17,675,000 22,946,000
Operating expenses        
General and administrative 11,348,000 11,996,000 30,417,000 33,730,000
Selling and marketing 7,369,000 4,755,000 15,980,000 12,528,000
Research and development 1,605,000 4,598,000 1,846,000 4,811,000
Impairment of property and equipment 11,791,000 19,746,000
Total operating expenses 20,322,000 33,140,000 48,243,000 70,815,000
Loss from operations (14,057,000) (24,595,000) (30,568,000) (47,869,000)
Other income (expense):        
Interest and other income 637,000 766,000 1,958,000 2,118,000
Interest expense (3,063,000) (7,766,000) (14,566,000) (18,825,000)
Gain on conversion of investment in equity securities to marketable equity securities 17,900,000
Gain (loss) on extinguishment of debt 1,137,000 (240,000) (3,432,000) 502,000
Loss from investment in unconsolidated entity (1,958,000)
Impairment of equity securities (6,266,000)
Gain on deconsolidation of subsidiary 2,747,000 12,437,000
Provision for loan losses, related party (3,068,000)
(Loss) gain on the sale of fixed assets (732,000) 32,000 (1,291,000) 64,000
Total other income (expense), net 726,000 (7,208,000) (4,894,000) (9,533,000)
Loss before income taxes (13,331,000) (31,803,000) (35,462,000) (57,402,000)
Income tax provision 251,000 52,000 181,000 47,000
Net loss from continuing operations (13,582,000) (31,855,000) (35,643,000) (57,449,000)
Net income (loss) from discontinued operations 2,216,000 (779,000)
Net loss (13,582,000) (29,639,000) (35,643,000) (58,228,000)
Net loss (income) attributable to non-controlling interest 569,000 4,090,000 (626,000) 2,469,000
Net loss attributable to Hyperscale Data (13,013,000) (25,549,000) (36,269,000) (55,759,000)
Preferred dividends (2,243,000) (1,326,000) (6,424,000) (3,894,000)
Net loss available to common stockholders $ (15,256,000) $ (26,875,000) $ (42,693,000) $ (59,653,000)
Basic and diluted net (loss) income per common share:        
Continuing operations, basic $ (0.39) $ (26.87) $ (2.41) $ (71.28)
Continuing operations, diluted (0.39) (26.87) (2.41) (71.28)
Discontinued operations, basic 2.05 (0.94)
Discontinued operations, diluted 2.05 (0.94)
Net loss per common share, basic (0.39) (24.82) (2.41) (72.22)
Net loss per common share, diluted $ (0.39) $ (24.82) $ (2.41) $ (72.22)
Weighted average basic common shares outstanding 38,795,000 1,083,000 17,679,000 826,000
Weighted average diluted common shares outstanding 38,795,000 1,083,000 17,679,000 826,000
Comprehensive loss        
Net loss available to common stockholders $ (15,256,000) $ (26,875,000) $ (42,693,000) $ (59,653,000)
Foreign currency translation adjustment (221,000) 6,000 (621,000)
Other comprehensive (loss) income (221,000) 6,000 (621,000)
Total comprehensive loss (15,256,000) (27,096,000) (42,687,000) (60,274,000)
Crane Operations [Member]        
Total revenue 9,709,000 12,327,000 35,060,000 36,945,000
Total cost of revenue 6,322,000 7,957,000 22,710,000 23,704,000
Crypto Assets Mining Equipment [Member]        
Total revenue 5,674,000 5,264,000 15,556,000 25,201,000
Total cost of revenue 6,565,000 9,388,000 20,670,000 26,971,000
Hotel and real estate operations [Member]        
Total revenue 6,161,000 5,680,000 15,448,000 14,377,000
Total cost of revenue 3,523,000 3,498,000 9,652,000 9,633,000
Lending and trading activities [Member]        
Total revenue 148,000 5,575,000 1,946,000 4,911,000
Total cost of revenue 495,000 495,000
Other [Member]        
Total revenue 2,636,000 2,215,000 7,195,000 5,785,000
Total cost of revenue $ 1,653,000 $ 1,178,000 $ 4,498,000 $ 3,470,000