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Consolidated Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 5,607,254 $ 946,265
Prepaid expenses 3,584,578 3,488,868
Trade and other receivables 6,403,552 10,458,076
Assets held for sale 5,446,059
Total current assets 15,595,384 20,339,268
Property and equipment, net 78,529,474 91,016,498
Derivative asset 5,174,446 11,299,971
Investments, equity method 1,993,837 2,085,373
Marketable securities 3,243,957
Security deposits 424,064 2,524,065
Operating lease right-of-use asset 3,052,978 2,819,933
Total assets 104,770,183 133,329,065
Current liabilities:    
Trade and other payables 25,337,339 10,572,061
Current portion of operating lease liability 1,649,529 1,300,062
Current portion of finance lease liability 31,859 30,702
Current portion of long-term borrowings 20,873,805 23,610,583
Total current liabilities 47,892,532 35,513,408
Customer deposits 15,328,445
Operating lease liability, net of current portion 1,478,707 1,727,975
Finance lease liability, net of current portion 67,000 83,223
Long-term borrowings, net of current portion 4,509,894
Total liabilities 49,438,239 57,162,945
Commitments and Contingencies (Note 9)
Stockholders’ equity:    
Series A preferred stock; 1,000,000 shares authorized, no shares issued and outstanding as of June 30, 2023 and December 31, 2022
Common stock, $0.001 par value per share; 90,000,000 shares authorized, 16,454,709 and 13,625,882 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively 16,455 13,626
Additional paid-in capital 202,136,148 194,294,559
Accumulated other comprehensive income 5,321,282 5,021,467
Accumulated deficit (150,703,559) (122,257,628)
Total Mawson Infrastructure Group, Inc. stockholders’ equity 56,770,326 77,072,024
Non-controlling interest (1,438,382) (905,904)
Total stockholder’s equity 55,331,944 76,166,120
Total liabilities and stockholder’s equity $ 104,770,183 $ 133,329,065