Big Digital Energy, Inc.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
BGDE$3.26+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Years Ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| Revenues: | ||
| Digital colocation revenue | $38,546,912 | $16,364,767 |
| Energy management revenue | 7,576,553 | 5,354,272 |
| Digital assets mining revenue | 12,591,660 | 21,590,523 |
| Equipment sales | 550,000 | 262,158 |
| Total revenues | 59,265,125 | 43,571,720 |
| Less: Cost of revenues (excluding depreciation) | 38,987,911 | 28,557,004 |
| Gross profit | 20,277,214 | 15,014,716 |
| Operating expenses: | ||
| Selling, general and administrative | 18,313,904 | 19,177,492 |
| Stock based compensation | 14,064,883 | 10,834,838 |
| Depreciation and amortization | 17,877,770 | 38,080,506 |
| Change in fair value of derivative asset | 1,173,104 | 7,241,883 |
| Total operating expenses | 51,429,661 | 75,334,719 |
| Loss from operations | (31,152,447) | (60,320,003) |
| Non-operating income (expense): | ||
| Gain (loss) on foreign currency transactions | 1,009,223 | (1,738,845) |
| Interest expense | (3,097,640) | (3,048,770) |
| Impairment of financial assets | - | (1,837,063) |
| Profit on sale of site | - | 3,353,130 |
| Gain (loss) on deconsolidation | (12,444,097) | 9,472,976 |
| Gain on sale of marketable securities | - | 1,437,230 |
| Other expenses | (39,638) | (396,691) |
| Other income | 364,382 | 517,918 |
| Loss from equity method investments | - | (36,356) |
| Total non-operating income (expense), net | (14,207,770) | 7,723,529 |
| Loss before income taxes | (45,360,217) | (52,596,474) |
| Income tax expenses | (976,570) | (5,948,619) |
| Net Loss | (46,336,787) | (58,545,093) |
| Less: Net (loss) gain attributable to non-controlling interests | (205,086) | 1,876,729 |
| Net Loss attributed to Mawson common shareholders stockholders | $(46,131,701) | $(60,421,822) |
| Net Loss per share, basic & diluted | $(2.59) | $(3.86) |
| Weighted average number of shares outstanding | 17,828,761 | 15,659,241 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.