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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Cryptocurrency mining revenue $ 16,212,525 $ 5,664,629 $ 34,996,368 $ 10,878,255
Hosting Co Location revenue 3,567,912 4,116,860
Sale of crypto currency mining equipment 280,038 91,545 2,157,651
Total revenues 19,780,437 5,944,667 39,204,773 13,035,906
Less: Cost of revenues (excluding depreciation) 14,359,072 294,140 22,771,433 2,666,921
Gross profit 5,421,365 5,650,527 16,433,340 10,368,985
Selling, general and administrative 9,431,088 3,697,217 15,908,034 6,329,180
LO2A write backs 23,963,050
Share based payments 936,235 5,559,495 1,326,844 20,354,897
Depreciation and amortization 16,023,817 2,533,242 29,826,849 3,848,142
Total operating expenses 26,391,140 11,789,954 47,061,727 54,495,269
Change in fair value of derivative asset 17,714,357 17,714,357
Loss from operations (3,255,418) (6,139,427) (12,914,030) (44,126,284)
Non-operating income/(expense):        
Gain / (loss) on foreign currency transactions 1,657,055 (60,747) 957,818 (722,425)
Interest expense (1,565,040) (464,039) (2,801,713) (714,701)
Impairment of financial assets (1,107,197) (1,107,197)
Other income 1,864,968 315,353 1,889,415 694,480
Loss before income taxes (2,405,632) (6,348,860) (13,975,707) (44,868,930)
Income tax expense    
Net Loss (2,405,632) (6,348,860) (13,975,707) (44,868,930)
Less: Net loss attributable to non-controlling interests (288,229) (108,937) (522,648) (65,802)
Net Loss attributed to Mawson Infrastructure Group shareholders $ (2,117,403) $ (6,239,923) $ (13,453,059) $ (44,803,128)
Net Loss per share, basic & diluted (in Dollars per share) $ (0.03) $ (0.12) $ (0.19) $ (0.95)
Weighted average number of shares outstanding (in Shares) 71,598,552 50,264,283 71,790,772 47,298,702