Hyperscale Data, Inc.
For the period ended Sep 30, 2025. Filed Nov 17, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Nov 17, 2025
GPUS$0.14-2.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
| September 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $24,843,000 | $4,546,000 |
| Restricted cash | 22,845,000 | 20,476,000 |
| Accounts receivable, net | 6,686,000 | 6,165,000 |
| Inventories | 1,743,000 | 1,817,000 |
| Investment in promissory notes and other, related party | 27,596,000 | 20,802,000 |
| Loans receivable, current | 2,812,000 | 1,369,000 |
| Prepaid expenses and other current assets | 3,958,000 | 3,238,000 |
| TOTAL CURRENT ASSETS | 90,483,000 | 58,413,000 |
| Crypto assets | 6,803,000 | - |
| Intangible assets, net | 1,586,000 | 1,844,000 |
| Property and equipment, net | 131,653,000 | 144,357,000 |
| Right-of-use assets | 4,142,000 | 3,697,000 |
| Investments in common stock and equity securities, related party | 923,000 | 2,190,000 |
| Investments in other equity securities | 251,000 | 2,802,000 |
| Other assets | 6,553,000 | 7,463,000 |
| TOTAL ASSETS | $242,394,000 | $220,766,000 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | $47,162,000 | $59,475,000 |
| Operating lease liability, current | 1,173,000 | 1,627,000 |
| Notes payable, current | 78,359,000 | 95,768,000 |
| Notes payable, related party, current | 3,716,000 | 164,000 |
| Convertible notes payable | 10,525,000 | 19,569,000 |
| Guarantee liability | 38,900,000 | 38,900,000 |
| TOTAL CURRENT LIABILITIES | 179,835,000 | 215,503,000 |
| LONG-TERM LIABILITIES | ||
| Operating lease liability, non-current | 3,150,000 | 2,269,000 |
| Notes payable, non-current | 1,680,000 | 904,000 |
| TOTAL LIABILITIES | 184,665,000 | 218,676,000 |
CONDENSED CONSOLIDATED BALANCE SHEETS (continued)
(Unaudited)
| September 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| COMMITMENTS AND CONTINGENCIES | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.001 par value - 25,000,000 shares authorized; 2,296,188 and 2,029,450 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively (liquidation preference of $87,025,000 as of September 30, 2025) | 2,000 | 2,000 |
| Class A Common Stock, $0.001 par value – 500,000,000 shares authorized; 130,594,602 and 1,259,893 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 131,000 | 1,000 |
| Class B Common Stock, $0.001 par value – 25,000,000 shares authorized; 4,989,166 and 4,998,597 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 5,000 | 5,000 |
| Additional paid-in capital | 758,121,000 | 668,817,000 |
| Accumulated deficit | (702,214,000) | (628,950,000) |
| Accumulated other comprehensive loss | (131,000) | (668,000) |
| Treasury stock, at cost | - | (30,571,000) |
| TOTAL HYPERSCALE DATA STOCKHOLDERS’ EQUITY | 55,914,000 | 8,636,000 |
| Non-controlling interest | 1,815,000 | (6,546,000) |
| TOTAL STOCKHOLDERS’ EQUITY | 57,729,000 | 2,090,000 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $242,394,000 | $220,766,000 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue, crane operations | $9,709,000 | $12,327,000 | $35,060,000 | $36,945,000 |
| Revenue, crypto assets mining | 5,674,000 | 5,264,000 | 15,556,000 | 25,201,000 |
| Revenue, hotel and real estate operations | 6,161,000 | 5,680,000 | 15,448,000 | 14,377,000 |
| Revenue, lending and trading activities | 148,000 | 5,575,000 | 1,946,000 | 4,911,000 |
| Revenue, other | 2,636,000 | 2,215,000 | 7,195,000 | 5,785,000 |
| Total revenue | 24,328,000 | 31,061,000 | 75,205,000 | 87,219,000 |
| Cost of revenue, crane operations | 6,322,000 | 7,957,000 | 22,710,000 | 23,704,000 |
| Cost of revenue, crypto assets mining | 6,565,000 | 9,388,000 | 20,670,000 | 26,971,000 |
| Cost of revenue, hotel and real estate operations | 3,523,000 | 3,498,000 | 9,652,000 | 9,633,000 |
| Cost of revenue, lending and trading activities | - | 495,000 | - | 495,000 |
| Cost of revenue, other | 1,653,000 | 1,178,000 | 4,498,000 | 3,470,000 |
| Total cost of revenue | 18,063,000 | 22,516,000 | 57,530,000 | 64,273,000 |
| Gross profit | 6,265,000 | 8,545,000 | 17,675,000 | 22,946,000 |
| Operating expenses | ||||
| General and administrative | 11,348,000 | 11,996,000 | 30,417,000 | 33,730,000 |
| Selling and marketing | 7,369,000 | 4,755,000 | 15,980,000 | 12,528,000 |
| Research and development | 1,605,000 | 4,598,000 | 1,846,000 | 4,811,000 |
| Impairment of property and equipment | - | 11,791,000 | - | 19,746,000 |
| Total operating expenses | 20,322,000 | 33,140,000 | 48,243,000 | 70,815,000 |
| Loss from operations | (14,057,000) | (24,595,000) | (30,568,000) | (47,869,000) |
| Other income (expense): | ||||
| Interest and other income | 637,000 | 766,000 | 1,958,000 | 2,118,000 |
| Interest expense | (3,063,000) | (7,766,000) | (14,566,000) | (18,825,000) |
| Gain on conversion of investment in equity securities to marketable equity securities | - | - | - | 17,900,000 |
| Gain (loss) on extinguishment of debt | 1,137,000 | (240,000) | (3,432,000) | 502,000 |
| Loss from investment in unconsolidated entity | - | - | - | (1,958,000) |
| Impairment of equity securities | - | - | - | (6,266,000) |
| Gain on deconsolidation of subsidiary | 2,747,000 | - | 12,437,000 | - |
| Provision for loan losses, related party | - | - | - | (3,068,000) |
| (Loss) gain on the sale of fixed assets | (732,000) | 32,000 | (1,291,000) | 64,000 |
| Total other income (expense), net | 726,000 | (7,208,000) | (4,894,000) | (9,533,000) |
| Loss before income taxes | (13,331,000) | (31,803,000) | (35,462,000) | (57,402,000) |
| Income tax provision | 251,000 | 52,000 | 181,000 | 47,000 |
| Net loss from continuing operations | (13,582,000) | (31,855,000) | (35,643,000) | (57,449,000) |
| Net income (loss) from discontinued operations | - | 2,216,000 | - | (779,000) |
| Net loss | (13,582,000) | (29,639,000) | (35,643,000) | (58,228,000) |
| Net loss (income) attributable to non-controlling interest | 569,000 | 4,090,000 | (626,000) | 2,469,000 |
| Net loss attributable to Hyperscale Data | (13,013,000) | (25,549,000) | (36,269,000) | (55,759,000) |
| Preferred dividends | (2,243,000) | (1,326,000) | (6,424,000) | (3,894,000) |
| Net loss available to common stockholders | $(15,256,000) | $(26,875,000) | $(42,693,000) | $(59,653,000) |
| Basic and diluted net (loss) income per common share: | ||||
| Continuing operations | $(0.39) | $(26.87) | $(2.41) | $(71.28) |
| Discontinued operations | - | 2.05 | - | (0.94) |
| Net loss per common share | $(0.39) | $(24.82) | $(2.41) | $(72.22) |
| Weighted average basic and diluted common shares outstanding | 38,795,000 | 1,083,000 | 17,679,000 | 826,000 |
| Comprehensive loss | ||||
| Net loss available to common stockholders | $(15,256,000) | $(26,875,000) | $(42,693,000) | $(59,653,000) |
| Foreign currency translation adjustment | - | (221,000) | 6,000 | (621,000) |
| Other comprehensive (loss) income | - | (221,000) | 6,000 | (621,000) |
| Total comprehensive loss | $(15,256,000) | $(27,096,000) | $(42,687,000) | $(60,274,000) |
Three Months Ended September 30, 2025
| Preferred Stock | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A · Series B · Series C · Series D · Series E · Series F · Series G · Series H · Class A Common Stock · Class B Common Stock · Additional · Accumulated Other · Non- · Total | |||||||||||||||||||||||||||||||
| Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Amount · Shares · Amount · Paid-In Capital · Accumulated Deficit · Comprehensive Loss · Controlling Interest · Stockholders’ Equity | |||||||||||||||||||||||||||||||
| BALANCES, July 1, 2025 | 7,040 | $ | - | 2,681 | $ | - | 50,000 | $ | - | 585,613 | $ | - | 649,998 | $1,000 | 998,577 | $1,000 | 960 | $ | - | - | $ | - | 8,666,055 | $9,000 | 4,993,751 | $5,000 | $692,584,000 | $(686,958,000) | $ (131,000) | $ 2,385,000 | $ 7,896,000 |
| Issuance of Series H preferred stock, related party | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | - | - | - | - | - | 4,000,000 | - | - | - | 4,000,000 | ||||||
| Issuance of Series B preferred stock for cash | - | - | 16,015 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16,015,000 | - | - | - | 16,015,000 | ||||||||
| Class B common stock converted into Class A common stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,585 | - | (4,585) | - | - | - | - | - | - | ||||||||
| Stock-based compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44,000 | - | - | - | 44,000 | ||||||||
| Issuance of Class A common stock for cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 82,727,211 | 83,000 | - | - | 38,746,000 | - | - | - | 38,829,000 | ||||||
| Financing cost in connection with sales of Class A common stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,248,000) | - | - | - | (1,248,000) | ||||||
| Issuance of Class A common stock for conversion of debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,154,177 | 5,000 | - | - | 7,941,000 | - | - | - | 7,946,000 | ||||||||
| Net loss attributable to Hyperscale Data | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (13,013,000) | - | - | (13,013,000) | ||||||||
| Series A preferred dividends ($0.62 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (4,000) | - | - | (4,000) | ||||||||
| Series B preferred dividends ($31.60 per share) | - | - | 72 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72,000 | (72,000) | - | - | - | ||||||||
| Series C preferred dividends ($24.65 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,232,000) | - | - | (1,232,000) | ||||||||
| Series D preferred dividends ($0.81 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (463,000) | - | - | (463,000) | ||||||||
| Series E preferred dividends ($0.62 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (406,000) | - | - | (406,000) | ||||||||
| Series G preferred dividends ($23.24 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (36,000) | - | - | (36,000) | ||||||||
| Series H preferred dividends ($7.39 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (30,000) | - | - | (30,000) | ||||||
| Conversion of Series B preferred stock to Class A common stock | - | - | (18,768) | - | - | - | - | - | - | - | - | - | - | - | 34,042,574 | 34,000 | - | - | (34,000) | - | - | - | - | ||||||||
| Net income attributable to non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (569,000) | (569,000) | ||||||||
| Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | - | - | (1,000) | - | ||||||||
| BALANCES, September 30, 2025 | 7,040 | $ | - | - | $ | - | 50,000 | $ | - | 585,613 | $ | - | 649,998 | $1,000 | 998,577 | $1,000 | 960 | $ | - | 4,000 | $ | - | 130,594,602 | $131,000 | 4,989,166 | $5,000 | $758,121,000 | $(702,214,000) | $ (131,000) | $ 1,815,000 | $ 57,729,000 |
Three Months Ended September 30, 2024
| Accumulated | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Additional · Other · Non- · Total | |||||||||||||||||
| Series A · Series C · Series D · Class A Common Stock · Paid-In · Accumulated · Comprehensive · Controlling · Treasury · Stockholders’ | |||||||||||||||||
| Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Amount · Capital · Deficit · Loss · Interest · Stock · Equity | |||||||||||||||||
| BALANCES, July 1, 2024 | 7,040 | $ | - | 44,000 | $ | - | 323,835 | $ | - | 1,024,181 | $1,000 | $660,071,000 | $(600,282,000) | $(2,497,000) | $(440,000) | $(30,571,000) | $26,282,000 |
| Issuance of Series C preferred stock, related party for cash | - | - | 300 | - | - | - | - | - | 286,000 | - | - | - | - | 286,000 | |||
| Fair value of warrants issued in connection with Series C preferred stock, related party | - | - | - | - | - | - | - | - | 14,000 | - | - | - | - | 14,000 | |||
| Stock-based compensation | - | - | - | - | - | - | - | - | 374,000 | - | - | - | - | 374,000 | |||
| Issuance of Class A common stock for conversion of debt | - | - | - | - | - | - | 85,714 | - | 900,000 | - | - | - | - | 900,000 | |||
| Distribution to Circle 8 Crane Services, LLC (“Circle 8”) non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | (55,000) | - | (55,000) | |||
| Net loss attributable to Hyperscale Data | - | - | - | - | - | - | - | - | - | (25,549,000) | - | - | - | (25,549,000) | |||
| Series A preferred dividends ($0.63 per share) | - | - | - | - | - | - | - | - | - | (4,000) | - | - | - | (4,000) | |||
| Series C preferred dividends ($24.05 per share) | - | - | - | - | - | - | - | - | - | (1,059,000) | - | - | - | (1,059,000) | |||
| Series D preferred dividends ($0.81 per share) | - | - | - | - | - | - | - | - | - | (263,000) | - | - | - | (263,000) | |||
| Foreign currency translation adjustments | - | - | - | - | - | - | - | - | - | - | (221,000) | - | - | (221,000) | |||
| Net income attributable to non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | (2,861,000) | - | (2,861,000) | |||
| Deconsolidation of subsidiary | - | - | - | - | - | - | - | - | - | - | 1,495,000 | 2,873,000 | - | 4,368,000 | |||
| Other | - | - | - | - | - | - | - | - | (1,000) | 33,000 | 1,000 | - | - | 33,000 | |||
| BALANCES, September 30, 2024 | 7,040 | $ | - | 44,300 | $ | - | 323,835 | $ | - | 1,109,895 | $1,000 | $661,644,000 | $(627,124,000) | $(1,222,000) | $(483,000) | $(30,571,000) | $2,245,000 |
Nine Months Ended September 30, 2025
| Preferred Stock · Accumulated | ||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A · Series B · Series C · Series D · Series E · Series F · Series G · Series H · Class A Common Stock · Class B Common Stock · Additional · Other · Non- · Total | ||||||||||||||||||||||||||||||||
| Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Amount · Shares · Amount · Paid-In Capital · Accumulated Deficit · Comprehensive Loss · Controlling Interest · Treasury Stock · Stockholders’ Equity | ||||||||||||||||||||||||||||||||
| BALANCES, January 1, 2025 | 7,040 | $ | - | 0 | $ | - | 50,000 | $ | - | 323,835 | $ | - | 649,998 | $1,000 | 998,577 | $1,000 | - | $ | - | - | $ | - | 1,259,893 | $1,000 | 4,998,597 | $5,000 | $668,817,000 | $ (628,950,000) | $ (668,000) | $ (6,546,000) | $ (30,571,000) | $ 2,090,000 |
| Issuance of Series G preferred stock, related party | - | - | - | - | - | - | - | - | - | - | - | - | 960 | - | - | - | - | - | - | - | 619,000 | - | - | - | - | 619,000 | ||||||
| Fair value of warrants issued in connection with Series G preferred stock, related party | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 341,000 | - | - | - | - | 341,000 | ||||||
| Issuance of Series H preferred stock, related party | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | - | - | - | - | - | 4,000,000 | - | - | - | - | 4,000,000 | ||||||
| Issuance of Series B preferred stock for cash | - | - | 23,914 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23,914,000 | - | - | - | - | 23,914,000 | ||||||
| Issuance of Series D preferred stock for cash | - | - | - | - | - | - | 261,778 | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,450,000 | - | - | - | - | 3,450,000 | ||||||
| Class B common stock converted into Class A common stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,431 | - | (9,431) | - | - | - | - | - | - | - | ||||||
| Stock-based compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 179,000 | - | - | - | - | 179,000 | ||||||
| Issuance of Class A common stock for cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 82,727,211 | 83,000 | - | - | 38,746,000 | - | - | - | - | 38,829,000 | ||||||
| Financing cost in connection with sales of Class A common stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,248,000) | - | - | - | - | (1,248,000) | ||||||
| Conversion of convertible notes payable to Class A common stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,005,655 | 10,000 | - | - | 19,249,000 | - | - | - | - | 19,259,000 | ||||||
| Net loss attributable to Hyperscale Data | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (36,269,000) | - | - | - | (36,269,000) | ||||||
| Series A preferred dividends ($1.87 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (13,000) | - | - | - | (13,000) | ||||||
| Series B preferred dividends ($44.73 per share) | - | - | 92 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 92,000 | (92,000) | - | - | - | - | ||||||
| Series C preferred dividends ($71.90 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (3,595,000) | - | - | - | (3,595,000) | ||||||
| Series D preferred dividends ($2.69 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,333,000) | - | - | - | (1,333,000) | ||||||
| Series E preferred dividends ($2.03 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,318,000) | - | - | - | (1,318,000) | ||||||
| Series G preferred dividends ($44.32 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (43,000) | - | - | - | (43,000) | ||||||
| Series H preferred dividends ($7.39 per share) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (30,000) | - | - | - | (30,000) | ||||||
| Conversion of Series B preferred stock to Class A common stock | - | - | (24,006) | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,592,412 | 37,000 | - | - | (37,000) | - | - | - | - | - | ||||||
| Retirement of treasury stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (30,571,000) | - | - | 30,571,000 | - | ||||||
| Foreign currency translation adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | - | - | 6,000 | ||||||
| Net income attributable to non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 626,000 | - | 626,000 | ||||||
| Deconsolidation of subsidiary | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 531,000 | 7,736,000 | - | 8,267,000 | ||||||
| Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1,000) | - | - | (1,000) | - | (2,000) | ||||||
| BALANCES, September 30, 2025 | 7,040 | $ | - | - | $ | - | 50,000 | $ | - | 585,613 | $ | - | 649,998 | $1,000 | 998,577 | $1,000 | 960 | $ | - | 4,000 | $ | - | 130,594,602 | $131,000 | 4,989,166 | $5,000 | $758,121,000 | $ (702,214,000) | $ (131,000) | $ 1,815,000 | $ - | $ 57,729,000 |
Nine Months Ended September 30, 2024
| Accumulated | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Additional · Other · Non- · Total | ||||||||||||||||||
| Series A · Series C · Series D · Class A Common Stock · Paid-In · Accumulated · Comprehensive · Controlling · Treasury · Stockholders’ | ||||||||||||||||||
| Shares · Par Amount · Shares · Par Amount · Shares · Par Amount · Shares · Amount · Capital · Deficit · Loss · Interest · Stock · Equity | ||||||||||||||||||
| BALANCES, January 1, 2024 | 7,040 | $ | - | 41,500 | $ | - | 425,197 | $ | - | 127,322 | $ | - | $644,856,000 | $(567,469,000) | $(2,097,000) | $11,957,000 | $(30,571,000) | $56,676,000 |
| Issuance of Series C preferred stock, related party for cash | - | - | 2,800 | - | - | - | - | - | 2,601,000 | - | - | - | - | 2,601,000 | ||||
| Fair value of warrants issued in connection with Series C preferred stock, related party | - | - | - | - | - | - | - | - | 199,000 | - | - | - | - | 199,000 | ||||
| Stock-based compensation | - | - | - | - | - | - | - | - | 1,189,000 | - | - | - | - | 1,189,000 | ||||
| Issuance of Class A common stock for cash | - | - | - | - | - | - | 731,688 | 1,000 | 14,598,000 | - | - | - | - | 14,599,000 | ||||
| Financing cost in connection with sales of Class A common stock | - | - | - | - | - | - | - | - | (513,000) | - | - | - | - | (513,000) | ||||
| Issuance of Class A common stock for conversion of debt | - | - | - | - | - | - | 250,885 | - | 3,616,000 | - | - | - | - | 3,616,000 | ||||
| Increase in ownership interest of subsidiary | - | - | - | - | - | - | - | - | - | - | - | (893,000) | - | (893,000) | ||||
| Sale of subsidiary stock to non-controlling interests | - | - | - | - | - | - | - | - | - | - | - | 1,778,000 | - | 1,778,000 | ||||
| Distribution to Circle 8 non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | (281,000) | - | (281,000) | ||||
| Conversion of RiskOn International Inc. (“ROI”) convertible note | - | - | - | - | - | - | - | - | - | - | - | 863,000 | - | 863,000 | ||||
| Net loss attributable to Hyperscale Data | - | - | - | - | - | - | - | - | - | (55,759,000) | - | - | - | (55,759,000) | ||||
| Series A preferred dividends ($1.88 per share) | - | - | - | - | - | - | - | - | - | (13,000) | - | - | - | (13,000) | ||||
| Series C preferred dividends ($71.22 per share) | - | - | - | - | - | - | - | - | - | (3,091,000) | - | - | - | (3,091,000) | ||||
| Series D preferred dividends ($2.44 per share) | - | - | - | - | - | - | - | - | - | (790,000) | - | - | - | (790,000) | ||||
| Foreign currency translation adjustments | - | - | - | - | - | - | - | - | - | - | (621,000) | - | - | (621,000) | ||||
| Net income attributable to non-controlling interest | - | - | - | - | - | - | - | - | - | - | - | (2,469,000) | - | (2,469,000) | ||||
| Distribution of securities of TurnOnGreen, Inc. (“TurnOnGreen”) to Hyperscale Data Class A common stockholders ($2.02 per share) | - | - | - | - | - | - | - | - | (4,900,000) | - | - | 4,900,000 | - | - | ||||
| Distribution of ROI investment in White River Energy Corp. (“White River”) to ROI stockholders | - | - | - | - | - | - | - | - | - | - | - | (19,210,000) | - | (19,210,000) | ||||
| Deconsolidation of subsidiary | 1,495,000 | 2,873,000 | 4,368,000 | |||||||||||||||
| Other | - | - | - | - | (101,362) | - | - | - | (2,000) | (2,000) | 1,000 | (1,000) | - | (4,000) | ||||
| BALANCES, September 30, 2024 | 7,040 | $ | - | 44,300 | $ | - | 323,835 | $ | - | 1,109,895 | $1,000 | $661,644,000 | $(627,124,000) | $(1,222,000) | $(483,000) | $(30,571,000) | $2,245,000 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.