Prairie Operating Co
For the period ended Dec 31, 2023. Filed Mar 19, 2024.
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FY2023 · Filed Mar 19, 2024
PROP$0.39-4.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, 2023 | June 7, 2022 (date of inception) through December 31, 2022 | |
|---|---|---|
| Revenue: | ||
| Cryptocurrency mining | $1,545,792 | $— |
| Operating costs and expenses: | ||
| Cryptocurrency mining costs | 548,617 | — |
| Depreciation and amortization | 983,788 | — |
| General and administrative | 16,269,045 | 461,520 |
| Impairment of cryptocurrency mining equipment | 17,072,015 | — |
| Exploration | 263,757 | — |
| Total operating expenses | 35,137,222 | 461,520 |
| Loss from operations | (33,591,430) | (461,520) |
| Other income (expense): | ||
| Interest income | 248,073 | — |
| Interest expense | (121,834) | — |
| Loss on adjustment to fair value – warrant liabilities | (39,797,994) | |
| Loss on adjustment to fair value – AR Debentures | (3,790,428) | — |
| Loss on adjustment to fair value – Obligation Shares | (1,477,103) | — |
| Liquidated damages | (548,144) | — |
| Total other income (expense) | (45,487,430) | — |
| Loss from operations before provision for income taxes | (79,078,860) | (461,520) |
| Provision for income taxes | — | — |
| Net loss | $(79,078,860) | $(461,520) |
| Loss per common share: | ||
| Basic | $(16.51) | $— |
| Diluted | $(16.51) | $— |
| Weighted average common shares outstanding: | ||
| Basic | 4,788,412 | — |
| Diluted | 4,788,412 | — |
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