American Bitcoin Corp.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 15, 2025
ABTC$5.13-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statement of Changes in Stockholders’ Deficit
Gryphon Digital Mining, Inc and Subsidiaries
Unaudited Condensed Consolidated Statement of Changes in Stockholders’ Deficit
For the Three Months Ended March 31, 2025 and 2024
| Common Stock · Additional Paid-In · Shares to · Subscription · Accumulated · Total Stockholders’ | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Capital · be Issued · Receivable · Deficit · Deficit | |||||||||
| Balance December 31, 2024 | 52,991,590 | $5,000 | $60,050,000 | $670,000 | $ | - | $(67,735,000) | $(7,010,000) | |
| Proceeds for stock to be issued | 6,866,856 | 1,000 | 1,683,000 | (400,000) | (33,000) | - | 1,251,000 | ||
| Relative fair value of warrants issued | - | - | 1,136,000 | (270,000) | (22,000) | - | 844,000 | ||
| Cost for issuance of shares | - | - | (75,000) | - | - | - | (75,000) | ||
| Common stock issued for cash (ATM), net of cost | 4,565,714 | - | 2,337,000 | - | - | - | 2,337,000 | ||
| Shares issued for services - Captus | 4,083,300 | - | 248,000 | - | - | - | 248,000 | ||
| Common stock issued for vesting of RSUs | 844,244 | - | 773,000 | - | - | - | 773,000 | ||
| Shares issued for services - IR | 633,333 | - | 250,000 | - | - | - | 250,000 | ||
| Net loss | - | - | - | - | - | (6,280,000) | (6,280,000) | ||
| Balance March 31, 2025 | 69,985,037 | $6,000 | $66,402,000 | $ | - | $(55,000) | $(74,015,000) | $(7,662,000) | |
| Common Stock · Additional Paid-In · Subscription · Accumulated · Total Stockholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount · Capital · Receivable · Deficit · Deficit | |||||||
| Balance December 31, 2023 | 34,415,655 | $3,000 | $46,598,000 | $(25,000) | $(47,175,000) | $(599,000) | |
| Revaluation of Digital asset | - | - | - | - | 739,000 | 739,000 | |
| Common stock issued for cash | 493,791 | - | 1,395,000 | - | - | 1,395,000 | |
| Common stock issued for vesting of RSUs | 28,070 | - | 55,000 | - | - | 55,000 | |
| Common stock issued for exercise of warrants | 165,622 | - | - | - | - | - | |
| Common stock issued for acquisition of Akerna’s net book value | 2,910,026 | - | (2,256,000) | - | - | (2,256,000) | |
| Cancelation of stock subscription receivable | - | - | (25,000) | 25,000 | - | - | |
| Net loss | - | - | - | - | (11,744,000) | (11,744,000) | |
| Balance March 31, 2024 | 38,013,164 | $3,000 | $45,767,000 | $ | - | $(58,180,000) | $(12,410,000) |
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