XML 18 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 13,174,706 $ 12,316,017 $ 36,522,262 $ 44,199,445
Less: Cost of revenues (excluding depreciation) 4,611,408 7,996,440 18,101,404 28,577,249
Gross Profit 8,563,298 4,319,577 18,420,858 15,622,196
Selling, general and administrative 5,838,711 6,000,344 17,542,427 13,100,223
Stock based compensation (1,400,190) 5,320,823 1,678,575 11,275,554
Depreciation and amortization 1,344,767 3,607,848 4,338,799 16,211,516
Change in fair value of derivative asset 1,201,299 789,146 (721,222) 878,096
Total operating expenses 6,984,587 15,718,161 22,838,579 41,465,389
Income (loss) from operations 1,578,711 (11,398,584) (4,417,721) (25,843,193)
Non-operating income/ (expense):        
Loss on foreign currency transactions (337,919) (352,375) (1,115,209) (474,210)
Interest expense (868,082) (801,625) (2,480,283) (2,289,150)
Other income 58,555 119,526 223,313 309,209
Other expenses (9,798) (443,537) (28,753) (29,800)
Loss on deconsolidation (12,444,097)
Total non-operating expense, net (1,157,244) (1,478,011) (3,400,932) (14,928,048)
Income (loss) before income taxes 421,467 (12,876,595) (7,818,653) (40,771,241)
Income tax benefit (expense) (93,808) 648,857 (185,984) (1,044,475)
Net income (loss) 327,659 (12,227,738) (8,004,637) (41,815,716)
Less: Net loss attributable to non-controlling interests (205,086)
Net income (loss) attributed to Mawson common stockholders $ 327,659 $ (12,227,738) $ (8,004,637) $ (41,610,630)
Net income (loss) per share, basic (in Dollars per share) $ 0.02 $ (0.66) $ (0.4) $ (2.37)
Net income (loss) per share, diluted (in Dollars per share) $ 0.01 $ (0.66) $ (0.4) $ (2.37)
Weighted average number of shares – basic (in Shares) 20,863,110 18,519,572 19,970,014 17,529,342
Weighted average number of shares – diluted (in Shares) 23,602,947 18,519,572 19,970,014 17,529,342
Digital colocation revenue        
Revenues:        
Total revenues $ 7,161,452 $ 9,518,696 $ 21,250,623 $ 25,884,176
Energy management revenue        
Revenues:        
Total revenues 5,426,302 1,963,805 13,621,889 6,168,906
Digital assets mining revenue        
Revenues:        
Total revenues 586,952 833,516 1,649,750 11,596,363
Equipment sales        
Revenues:        
Total revenues $ 550,000