Greenidge Generation Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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.
Sep 30, 2024 · Filed Nov 7, 2024
VIP$1.02+5.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
(in thousands, except share and per share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents, including restricted cash | $7,570 | $13,312 |
| Digital assets | 3,845 | 347 |
| Accounts receivable | 1,212 | 358 |
| Prepaid expenses and current other assets | 1,776 | 3,864 |
| Emissions and carbon offset credits | 5,474 | 5,694 |
| Income tax receivable | 946 | 857 |
| Total current assets | 20,823 | 24,432 |
| LONG-TERM ASSETS: | ||
| Property and equipment, net | 30,396 | 45,095 |
| Other long-term assets | 1,477 | 1,652 |
| Long-term assets held for sale | 7,184 | — |
| Total assets | 59,880 | 71,179 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | 2,557 | 3,495 |
| Accrued emissions expense | 6,146 | 10,520 |
| Accrued expenses | 4,171 | 6,116 |
| Short-term environmental liability | 1,613 | 363 |
| Contract liability | 2,200 | — |
| Current liabilities held for sale | 314 | 483 |
| Total current liabilities | 17,001 | 20,977 |
| LONG-TERM LIABILITIES: | ||
| Long-term debt, net of deferred financing fees | 69,535 | 68,710 |
| Environmental liabilities | 28,616 | 29,866 |
| Other long-term liabilities | 2,777 | 2,650 |
| Total liabilities | 117,929 | 122,203 |
| COMMITMENTS AND CONTINGENCIES (NOTE 10) | ||
| STOCKHOLDERS' DEFICIT: | ||
| Preferred stock, par value $0.0001, 20,000,000 shares authorized, none outstanding | — | — |
| Common stock, par value $0.0001, 500,000,000 shares authorized, 10,671,337 and 9,131,252 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 1 | 1 |
| Additional paid-in capital | 328,129 | 319,992 |
| Cumulative translation adjustment | (348) | (345) |
| Common stock subscription receivable | — | (698) |
| Accumulated deficit | (385,831) | (369,974) |
| Total stockholders' deficit | (58,049) | (51,024) |
| Total liabilities and stockholders' deficit | $59,880 | $71,179 |
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