Greenidge Generation Holdings Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 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.
Sep 30, 2025 · Filed Nov 13, 2025
VIP$0.97-4.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| OPERATING ACTIVITIES FROM OPERATIONS: | ||
| Net income (loss) | $2,276 | $(15,879) |
| Adjustments to reconcile net income (loss) from operations to net cash flow from operating activities: | ||
| Depreciation | 9,336 | 9,909 |
| Change in fair value of warrant asset | — | 420 |
| Amortization of debt issuance costs (debt premium) | (738) | 825 |
| Impairment of long-lived assets | — | 169 |
| (Gain) loss on sale of assets | (1,384) | 661 |
| Gain on troubled debt restructuring | (11,496) | — |
| Stock-based compensation expense | 609 | 1,798 |
| Revenues from digital assets production | (12,639) | (15,041) |
| Proceeds from sale of digital assets | — | 11,141 |
| Gain on digital assets | (1,573) | (204) |
| Gain on insurance proceeds | (399) | — |
| Loss on liquidation of foreign subsidiary | 348 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 854 | 346 |
| Emissions and carbon offset credits | 2,376 | 220 |
| Prepaids and other assets | 6 | 1,668 |
| Income tax receivable | (103) | (89) |
| Accounts payable | (1,309) | (299) |
| Accrued emissions | 3,139 | (4,374) |
| Accrued expenses | (33) | (1,874) |
| Contract liabilities | (192) | 2,200 |
| Related party payable | 1,817 | — |
| Other | (1,298) | 55 |
| Net cash flow used for operating activities | (10,403) | (8,348) |
| INVESTING ACTIVITIES FROM OPERATIONS: | ||
| Purchases of and deposits for property and equipment | (2,477) | (6,938) |
| Proceeds from sale of assets | 5,015 | 1,878 |
| Proceeds from insurance claim | 399 | — |
| Proceeds from sale of digital assets | 15,044 | 628 |
| Net cash flow provided by (used for) investing activities | 17,981 | (4,432) |
| FINANCING ACTIVITIES FROM OPERATIONS: | ||
| Proceeds from issuance of common stock, net of issuance costs | — | 1,038 |
| Proceeds from issuance of common stock and pre-funded warrants | — | 6,000 |
| Principal payments on debt | (8,616) | — |
| Net cash flow (used for) provided by financing activities | (8,616) | 7,038 |
| CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | (1,038) | (5,742) |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH - beginning of year | 8,619 | 13,312 |
| CASH AND CASH EQUIVALENTS - end of period | $7,581 | $7,570 |
See Note 13 for supplemental cash flow information
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.