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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 241,634,262 $ 251,294,952
Restricted cash, current 88,614 29,039
Short-term investments 496,122 5,835,377
Accounts receivable, net 946,514 3,334,727
Advances to suppliers 1,071,137 1,178,168
Inventories, net 198,846 440,064
Prepayments 304,453 281,611
Other current assets, net 5,691,679 6,711,422
Total current assets 250,431,627 269,105,360
Non-current assets:    
Property, plant and equipment, net 33,151,061 36,549,278
Intangible assets, net 2,329,777 6,890,738
Operating lease right-of-use assets 6,119,535 5,343,608
Operating lease right-of-use assets - related parties 31,197 519,140
Restricted cash, non-current 1,197,286 903,125
Goodwill 2,299,628
VAT recoverable 4,061,079 21,132,898
Other assets 918,086 1,421,309
Total non-current assets 47,808,021 75,059,724
Total assets 298,239,648 344,165,084
Current liabilities:    
Accounts payable 292,570 1,456,577
Accrued liabilities and other payables 9,804,848 11,519,091
Operating lease liabilities, current 1,764,259 1,217,604
Operating lease liabilities - related parties, current 28,849 283,567
Advances from customers 69,361 1,010,852
Total current liabilities 11,959,887 15,487,691
Non-current liabilities:    
Operating lease liabilities, non-current 4,880,844 5,755,973
Operating lease liabilities – related party, non-current 2,348
Deferred tax liabilities 74,225 1,133,539
Total non-current liabilities 4,957,417 6,889,512
Total liabilities 16,917,304 22,377,203
Equity:    
Additional paid-in capital 397,467,795 397,620,927
Statutory reserves 11,079,649 11,079,649
Accumulated deficit (114,840,665) (78,068,522)
Accumulated other comprehensive loss (13,887,088) (11,724,531)
Total Ebang International Holdings Inc. shareholders’ equity 279,843,847 318,931,581
Non-controlling interest 1,478,497 2,856,300
Total equity 281,322,344 321,787,881
Total liabilities and equity 298,239,648 344,165,084
Class A Ordinary Shares    
Equity:    
Ordinary share [1],[2] 18,178 18,080
Class B Ordinary Shares    
Equity:    
Ordinary share [1] $ 5,978 $ 5,978
[1] Retrospectively adjusted for the effect of the Reverse Stock Split effected on November 20, 2022. See Note 12.
[2] As of December 31, 2023 and 2022, 263,322 and 24,167 (725,000 before the Reverse Stock Split) shares reserved for future issuance upon the vesting of RSAs granted under the 2020 Plan were considered issued but not outstanding, respectively. See Note 12.