XML 37 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Cryptocurrency mining revenue $ 10,151,579 $ 966,574 $ 21,029,492 $ 2,850,086
Hosting Co Location revenue 796,207 1,020,424
Sale of crypto currency mining equipment 2,157,651
Total revenues 10,947,786 966,574 24,207,567 2,850,086
Operating cost and expenses:        
Cost of revenues 2,499,837 922,502 6,218,145 2,210,113
Selling, general and administrative 5,510,083 745,243 11,334,551 1,743,353
LO2A write backs 23,963,050 399
Share based payments 1,425,000 21,779,898
Depreciation and amortization 4,129,862 2,592,352 7,977,800 5,047,917
Total operating expenses 13,564,782 4,260,097 71,273,444 9,001,782
Loss from operations (2,616,996) (3,293,523) (47,065,877) (6,151,696)
Other income (expense):        
Realized gain/(losses) on foreign currency transactions (8,625) 754 838,230 (288)
Unrealized gain/(losses) on foreign currency remeasurement (351,562) (255,471) (1,920,879) (88,502)
Share of net profit/(loss) of associates accounted for using the equity method (153,123) (277,817)
Other income 32,431 502,673 108,895
Loss before income taxes (3,097,875) (3,548,240) (47,923,670) (6,131,591)
Income tax expenses
Net Loss (3,097,875) (3,548,240) (47,923,670) (6,131,591)
Loss attributable to Non-Controlling interest (594,389) (660,191)
Net Loss attributed to Mawson Infrastructure Group shareholders $ (2,503,486) $ (3,548,240) $ (47,263,479) $ (6,131,591)
Net Loss per share, basic & diluted (in Dollars per share) $ (0.042) $ (0.494) $ (0.275) $ (0.893)
Weighted average number of shares outstanding (in Shares) 502,642,831 6,847,465 472,987,017 6,847,465