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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 18,771,309 $ 7,670,605
Less: Cost of revenues (excluding depreciation) 11,786,168 4,678,002
Gross profit 6,985,141 2,992,603
Operating expenses:    
Selling, general and administrative 3,463,923 4,977,417
Stock based compensation [1] 4,901,484 1,068,288
Depreciation and amortization 7,999,076 7,962,523
Change in fair value of derivative asset (1,686,152) 681,225
Total operating expenses 14,678,331 14,689,453
Loss from operations (7,693,190) (11,696,850)
Non-operating income (expense):    
Gains (losses) on foreign currency transactions 169,638 (418,216)
Interest expense (734,580) (835,107)
Loss on write off property and equipment (118,933)
Profit on sale of site 790,847
Gain on sale of marketable securities 1,437,230
Other income 165,160 44,510
Other expenses (9,792)
Loss on deconsolidation (11,925,908)
Share of net loss of equity method investments (36,356)
Total non-operating income (expense), net (12,335,482) 863,975
Loss before income taxes (20,028,672) (10,832,875)
Income tax benefit (expense) 59,387 (548,083)
Net Loss (19,969,285) (11,380,958)
Less: Net loss attributable to non-controlling interests (205,086) (278,933)
Net Loss attributed to Mawson Infrastructure Group stockholders $ (19,764,199) $ (11,102,025)
Net Loss per share, basic (in Dollars per share) $ (1.19) $ (0.8)
Weighted average number of shares outstanding (in Shares) 16,644,711 13,953,308
Digital currency mining revenue    
Revenues:    
Total revenues $ 7,514,763 $ 2,756,000
Co-location revenue    
Revenues:    
Total revenues 8,234,041 4,322,553
Net energy benefits    
Revenues:    
Total revenues 2,472,505 441,055
Sale of equipment    
Revenues:    
Total revenues $ 550,000 $ 150,997
[1] Stock based compensation expense in the consolidated, condensed unaudited statement of operations includes $3.97 million of stock based compensation and $0.93 million for surrendered shares.