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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Cryptocurrency mining revenue $ 43,106,162 $ 38,446,438
Hosting Co-Location revenue 13,340,143 852,954
Sale of equipment 14,237,860 2,157,651
Net energy benefits 13,701,242
Other revenue 2,405,613
Total revenues 84,385,407 43,862,656
Less: Cost of revenues (excluding depreciation) 47,714,895 9,904,273
Gross profit 36,670,512 33,958,383
Selling, general and administrative 25,850,177 16,061,088
LO2A write off 23,963,050
Share based payments 3,012,480 22,491,100
Depreciation and amortization 63,200,178 14,113,730
Total operating expenses 92,062,835 76,628,968
Change in fair value of derivative asset 11,299,971
Loss from operations (44,092,352) (42,670,585)
Non-operating income/(expense):    
Losses on foreign currency transactions (6,673,124) (932,866)
Share of net loss of associates accounted for using the equity method (1,254,025) (368,426)
Other income 2,401,555 902,629
Interest expense (6,063,894) (1,643,724)
Loss on write off property, plant and equipment (1,560,541) (470,975)
Profit on sale of site 8,276,440
Unrealized loss on marketable securities (1,694,388)
Impairment of financial assets (3,375,230)
Loss before income taxes (54,035,559) (45,183,947)
Income tax expenses (277,717)
Net Loss (54,035,559) (45,461,664)
Less: Net loss attributable to non-controlling interests (1,273,251) (497,944)
Net Loss attributed to Mawson Infrastructure Group shareholders $ (52,762,308) $ (44,963,720)
Net Loss per share, basic & diluted (in Dollars per share) $ (4.16) $ (4.79)
Weighted average number of shares outstanding (in Shares) 12,695,654 9,383,971