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Consolidated Condensed Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,496,838 $ 946,265
Prepaid expenses 1,547,066 3,488,868
Trade and other receivables 10,611,086 10,458,076
Assets held for sale 5,446,059
Total current assets 13,654,990 20,339,268
Property and equipment, net 66,312,235 91,016,498
Derivative asset 4,653,608 11,299,971
Investments, equity method 100,904 2,085,373
Marketable securities 3,243,957
Security deposits 424,064 2,524,065
Operating lease right-of-use asset 2,691,570 2,819,933
Total assets 87,837,371 133,329,065
Current liabilities:    
Trade and other payables 27,054,546 10,572,061
Current portion of operating lease liability 1,762,488 1,300,062
Current portion of finance lease liability 32,453 30,702
Current portion of long-term borrowings 17,784,148 23,610,583
Total current liabilities 46,633,635 35,513,408
Customer deposits 15,328,445
Operating lease liability, net of current portion 1,092,077 1,727,975
Finance lease liability, net of current portion 58,660 83,223
Long-term borrowings, net of current portion 4,509,894
Total liabilities 47,784,372 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 September 30, 2023 and December 31, 2022
Common stock, $0.001 par value per share; 90,000,000 shares authorized, 16,518,043 and 13,625,882 shares issued and outstanding as of September 30, 2023, and December 31, 2022, respectively 16,518 13,626
Additional paid-in capital 205,920,400 194,294,559
Accumulated other comprehensive income 5,543,121 5,021,467
Accumulated deficit (169,751,176) (122,257,628)
Total Mawson Infrastructure Group, Inc. stockholders’ equity 41,728,863 77,072,024
Non-controlling interest (1,675,864) (905,904)
Total stockholder’s equity 40,052,999 76,166,120
Total liabilities and stockholder’s equity $ 87,837,371 $ 133,329,065