Gryphon Digital Mining, Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 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.
Jun 30, 2025 · Filed Aug 14, 2025
ABTC$5.13-3.2%Stored close · as of Nov 10, 2026
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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 and Six Months Ended June 30, 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 | ||
| Captus restricted stock awards | 4,083,300 | - | 248,000 | - | - | - | 248,000 | ||
| Common stock issued for vesting of RSUs | 844,244 | - | 773,000 | - | - | - | 773,000 | ||
| Shares issued for services | 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 issued for cash (ATM), net of cost | 2,703,634 | - | 1,421,000 | - | - | - | 1,421,000 | ||
| Shares issued for services | 1,061,474 | - | 552,000 | - | - | - | 740,000 | ||
| Warrant modification expense | - | - | 128,000 | - | - | - | 128,000 | ||
| Forfeiture of Captus restricted stock awards | (4,083,300) | - | (248,000) | - | - | - | (248,000) | ||
| Common stock issued for exercise of warrants | 4,384,470 | - | - | - | - | - | - | ||
| Common stock issued for vesting of RSUs | 50,000 | - | 54,000 | - | - | - | 54,000 | ||
| Forgiveness of director fees for subscription receivable | - | - | - | - | 21,000 | - | 21,000 | ||
| Net loss | - | - | - | - | - | (5,257,000) | (5,257,000) | ||
| Balance June 30, 2025 | 74,101,315 | $6,000 | $68,309,000 | $ | - | $(34,000) | $(79,272,000) | $(10,991,000) | |
| 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 | 2,921,362 | - | (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 | 38,024,500 | 3,000 | 45,767,000 | - | (58,180,000) | (12,410,000) | |
| Common stock issued for cash, net of expenses | 544,578 | - | 424,000 | - | - | 424,000 | |
| Common stock issued for vesting of RSUs | 140,580 | - | 212,000 | - | - | 212,000 | |
| Common stock issued for services | 1,187,597 | - | 1,792,000 | - | - | 1,792,000 | |
| Net loss | - | - | - | - | (4,009,000) | (4,009,000) | |
| Balance June 30, 2024 | 39,897,255 | $3,000 | $48,195,000 | $ | - | $(62,189,000) | $(13,991,000) |
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