← Hyperscale Data, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net loss | ($1.1m) | ($10.9m) | ($33.0m) | ($32.9m) | ($32.7m) | ($24.0m) | ($189.8m) | ($256.3m) | ($62.5m) | ($65.5m) | — | |
| Net loss from discontinued operations | — | — | — | — | — | — | ($5.9m) | ($15.7m) | ($779k) | — | — | |
| Net loss from continuing operations | — | — | — | — | — | — | ($183.9m) | ($240.6m) | ($61.8m) | ($65.5m) | — | |
| Net Income (Loss) Attributable to Parent | ($1.1m) |
($10.6m)
-846.17%
|
($32.2m)
-203.63%
|
($32.9m)
-2.11%
|
($32.7m)
+0.56%
|
($23.3m)
+28.96%
|
($181.8m)
-681.97%
|
($231.0m)
-27.07%
|
($56.2m)
+75.67%
|
($66.4m)
-18.14%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | ($32.7m) |
($23.3m)
+28.94%
|
($182.2m)
-683.05%
|
($232.4m)
-27.55%
|
($61.5m)
+73.55%
|
($75.0m)
-22.05%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | ($10.9m) | ($33.0m) | ($32.9m) | ($32.7m) | ($23.0m) | ($189.8m) | ($256.3m) | ($62.5m) | ($65.5m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $279k | ($748k) | ($32k) | — | $213k | ($8.0m) | ($25.3m) | — | — | — | |
| Depreciation, Depletion and Amortization | $161k | $255k | $2.9m | $3.5m | — | — | $19.7m | $27.0m | $24.4m | $19.8m | $22.5m | |
| Amortization | $0 | $61k | $460k | $503k | $336k | $375k | $1.0m | — | $653k | $420k | — | |
| Amortization of Debt Issuance Costs | $34k | $4.7m | $11.2m | $3.7m | $7.3m | — | — | — | — | — | — | |
| Depreciation | — | $194k | $2.4m | $3.0m | $392k | $2.1m | $17.3m | $25.7m | $23.8m | $19.4m | $22.5m | |
| Depreciation Expense | — | $194k | $2.4m | $3.0m | $392k | $2.1m | $19.7m | $27.0m | $24.4m | $19.8m | $22.5m | |
| Deferred Income Tax Expense (Benefit) | — | ($226k) | ($211k) | ($108k) | ($24k) | $130k | ($5.0m) | $27k | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $543k | $1.8m | $4.7m | $1.6m | $1.1m | $7.8m | $7.2m | $10.9m | $3.3m | $709k | $709k | |
| Share-based Payment Arrangement, Expense | $520k | $1.8m | $4.7m | $1.6m | $292k | $629k | $200k | — | — | — | $709k | |
| Stock-based compensation | $543k | $1.8m | $4.7m | $1.6m | $1.1m | $7.8m | $7.2m | $10.9m | $3.3m | $709k | $709k | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | $11.5m | $15.8m | $8.6m | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | $700k | $781k | $171k | — | — | $47.6m | $1.5m | — | — | |
| Goodwill, Impairment Loss | — | — | — | $746k | — | — | $13.1m | — | — | — | $3.0m | |
| Impairment of Intangible Assets, Finite-lived | — | — | $700k | $1.5m | — | — | — | — | $1.5m | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $700k | $781k | — | — | — | — | $1.5m | — | — | |
| Impairment of goodwill and intangible assets | — | — | $700k | $781k | — | — | — | $42.9m | $1.5m | — | — | |
| Impairment of equity securities | — | — | — | — | — | — | $11.5m | $15.8m | $8.6m | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($311k) | ($924k) | — | — | — | — | |
| Nonoperating Income (Expense) | $77k | — | — | — | — | ($4.5m) | ($54.1m) | ($86.5m) | ($4.7m) | ($3.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $311k | ($285k) | ($2.8m) | $533k | $641k | $1.4m | $58k | $415k | ($316k) | $4.2m | ($3.7m) | |
| Accounts receivable | ($311k) | $285k | $2.8m | ($533k) | ($641k) | ($1.4m) | ($58k) | ($415k) | $316k | ($4.2m) | ($3.7m) | |
| Increase (Decrease) in Inventories | ($209k) | ($100k) | ($13k) | ($837k) | ($183k) | $2.0m | $1.1m | ($4.3m) | $36k | ($408k) | ($297k) | |
| Inventory Write-down | $84k | — | — | — | — | — | — | — | — | — | — | |
| Inventories | $209k | $100k | $13k | $837k | $183k | ($2.0m) | ($1.1m) | $4.3m | ($36k) | $408k | ($297k) | |
| Increase (Decrease) in Accounts Payable | $322k | — | — | — | — | — | — | — | — | — | $8.1m | |
| Accounts payable and accrued expenses | — | $1.5m | $6.9m | $4.2m | ($364k) | $1.6m | $11.5m | $15.7m | $2.4m | ($11.3m) | $8.1m | |
| Settlement of accounts payable with crypto assets | — | — | — | — | — | — | $418k | $28k | $39k | $30k | — | |
| Other | — | — | — | — | — | — | ($1.0m) | ($78k) | ($109k) | ($6k) | — | |
| Prepaid expenses and other current assets | ($119k) | ($764k) | $1.2m | ($1.1m) | ($1.6m) | ($5.5m) | $3.6m | $3.2m | $948k | $55k | — | |
| Other assets | ($11k) | ($71k) | ($232k) | ($221k) | ($93k) | ($1.5m) | ($4.0m) | ($3.2m) | ($2.6m) | ($122k) | — | |
| Net Cash Provided by (Used in) Operating Activities | ($358k) |
($4.1m)
-1050.00%
|
($10.4m)
-153.16%
|
($10.3m)
+1.21%
|
($11.2m)
-8.59%
|
($61.7m)
-451.57%
|
$26.5m
+142.95%
|
($5.4m)
-120.49%
|
($19.4m)
-257.61%
|
($62.5m)
-222.06%
|
($58.8m)
+6.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $85k | $403k | $8.9m | $201k | $582k | $152.0m | $108.4m | $8.7m | $4.8m | $24.5m | ($32.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $2.1m | $2.1m | $79k | ($1.8m) | $2.2m | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | ($596k) | $919k | ($1.3m) | ($2.1m) | $2.5m | ($418k) | — | — | |
| Payments to Acquire Investments | $1.0m | $3.2m | $1.2m | $1.6m | $2.1m | $2.5m | — | — | — | — | ($8.3m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $18k | — | $19.7m | |
| Realized gains on sale of marketable securities | — | — | — | — | ($75k) | ($21.2m) | ($12.1m) | ($8.4m) | ($8.2m) | — | — | |
| Investments in loans receivable | — | — | — | — | — | ($18.2m) | ($11.3m) | ($501k) | ($1.0m) | ($2.8m) | — | |
| Investments in non-marketable equity securities | — | ($1.5m) | ($858k) | — | ($1.4m) | ($2.8m) | ($2.0m) | ($11.0m) | — | ($550k) | — | |
| Conversion of debt and equity securities to marketable securities | — | — | — | — | — | $2.7m | $44.8m | $23.7m | $5.0m | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $3.6m | — | — | — | — | — | ($6k) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | $109k | $6k | — | |
| Net cash (used in) provided by investing activities from continuing operations | ($1.0m) | — | — | — | — | — | ($149.5m) | ($23.2m) | $7.0m | ($70.2m) | — | |
| Net Cash from Investing Activities | — | — | $293k | — | — | — | $2.5m | ($6.3m) | ($3.8m) | $3.3m | — | |
| Net cash (used in) provided by investing activities | — | ($8.7m) | ($20.6m) | ($2.9m) | ($7.8m) | ($333.5m) | ($158.6m) | ($29.5m) | $3.2m | ($70.2m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.0m) | ($8.7m) | ($20.6m) | ($2.9m) | ($7.8m) | ($333.5m) | ($158.6m) | ($29.5m) | $3.2m | ($70.2m) | ($91.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($966k) | ($18.7m) | $929k | — | ($8.7m) | $3.0m | ($3.4m) | — | |
| Loss (gain) on extinguishment of debt | — | — | — | — | $18.7m | ($929k) | — | $12.9m | ($3.0m) | $3.4m | — | |
| Proceeds from Debt Issuance | — | $350k | — | — | $570k | $84.9m | $60.7m | $5.2m | $6.7m | $17.2m | — | |
| Payments for Repurchase of Common Stock | — | — | $58k | — | — | — | — | — | — | — | — | |
| Gross proceeds from sales of Class A common stock | — | — | — | — | — | — | $172.3m | $39.4m | $14.6m | $125.0m | — | |
| Financing cost in connection with sales of Class A common stock | — | — | — | — | — | — | ($4.2m) | ($1.3m) | ($513k) | ($3.9m) | — | |
| Conversion of convertible notes payable into shares of Class A common stock | — | — | — | — | — | — | $44.8m | $23.7m | $4.8m | $22.0m | — | |
| Conversion of Series B preferred stock into shares of Class A common stock | — | — | — | — | — | — | $386k | $400k | — | $50k | — | |
| Dividend paid in TurnOnGreen common stock in additional paid-in capital | — | — | — | — | — | — | — | $10.7m | $4.9m | — | — | |
| Dividends paid | — | $35k | — | $16k | $18k | $18k | $393k | $1.4m | $5.3m | $8.6m | ($9.1m) | |
| Payments of preferred dividends | — | ($35k) | — | ($16k) | ($18k) | ($18k) | ($393k) | ($1.4m) | ($5.3m) | ($8.6m) | — | |
| Dividend of ROI investment in White River to ROI shareholders | — | — | — | — | — | — | — | $10.7m | $19.2m | — | — | |
| Paid-in-kind dividends settled through issuance of Series B preferred stock | — | — | — | — | — | — | $11.5m | $5.4m | — | $92k | — | |
| Net cash provided by financing activities from continuing operations | $1.3m | — | — | — | — | — | $116.8m |
$31.8m
-72.77%
|
$23.3m
-26.74%
|
$156.3m
+571.01%
|
$162.2m
+3.77%
|
|
| Net Cash from Financing Activities | — | $857k |
$13.0m
+1416.34%
|
$5.2m
-59.75%
|
$9.7m
+85.88%
|
$4.7m
-51.41%
|
$2.1m
-54.49%
|
$5.2m
+143.58%
|
$2.2m
-57.99%
|
— | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.3m |
$13.2m
+933.93%
|
$30.5m
+130.93%
|
$12.9m
-57.67%
|
$37.3m
+188.46%
|
$397.9m
+967.33%
|
$124.1m
-68.81%
|
$37.0m
-70.16%
|
$25.8m
-30.21%
|
$156.3m
+504.76%
|
$162.2m
+3.77%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $49k | ($72k) | ($414k) | $18.2m | $2.6m | ($7.2m) | $1.3m | $30k | $597k | $36.2m | |
| Cash and cash equivalents and restricted cash at beginning of period - continuing operations | — | — | — | — | — | — | $14.8m | $8.7m | $25.0m | $49.2m | — | |
| Cash and cash equivalents and restricted cash at beginning of period - discontinued operations | — | — | — | — | — | — | $6.4m | $5.4m | — | — | — | |
| Cash and cash equivalents and restricted cash at beginning of period | — | — | — | — | $18.7m | $21.2m | $14.1m | $15.4m | $25.0m | $49.2m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $18.2m | $21.2m | $14.1m | $15.4m | $25.0m | $49.2m | $36.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $49k | ($72k) | ($180k) | ($123k) | ($266k) | $864k | ($776k) | $30k | $597k | $89k | |
| Net increase in cash and cash equivalents and restricted cash | — | — | — | — | $18.2m | $2.6m | ($7.2m) | $1.3m | $9.7m | $24.2m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $271k | $760k | $1.9m | $658k | $257k | $13.1m | $7.5m | $2.2m | $2.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $12k | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | $2.4m | — | — | ($3.0m) | $2.0m | $2.0m | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | $661k | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | $3k | $2.3m | — | — | — | |
| General and Administrative Expense | $2.3m | $7.0m | $19.8m | $19.7m | $12.5m | $36.7m | $67.3m | $77.8m | $35.2m | $50.0m | — | |
| Goodwill | — | $3.7m | $8.5m | $8.1m | $9.6m | $10.1m | $27.9m | $6.1m | — | $10.3m | $3.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | ($11.3m) | ($32.3m) | ($32.9m) | — | ($23.0m) | ($183.9m) | ($240.6m) | ($61.8m) | ($65.5m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($33.4m) | ($23.0m) | ($183.9m) | ($240.6m) | ($61.8m) | ($65.5m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $661k | — | ($5.9m) | ($15.7m) | ($779k) | — | — | |
| Income Tax Expense (Benefit) | ($20k) | $78k | ($77k) | ($108k) | ($24k) | $130k | ($4.5m) | $337k | $56k | $253k | — | |
| Operating Expenses | $3.9m | $9.8m | $25.0m | $33.0m | $13.5m | $46.9m | $196.1m | $184.8m | $81.2m | $83.8m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $27.2m | $26.5m | $23.9m | $52.4m | $134.3m | $156.4m | $106.7m | $102.1m | — | |
| Interest Expense | — | $271k | $760k | $1.9m | $658k | $257k | $13.1m | $7.5m | $7.8m | $5.9m | — | |
| Loss (gain) on the sale of fixed assets | — | — | — | — | — | — | — | ($2.1m) | ($79k) | $1.8m | — | |
| Revenue, crypto assets mining | — | — | — | — | — | — | — | ($33.1m) | ($25.0m) | ($21.3m) | — | |
| Proceeds from the sale of crypto assets | — | — | — | — | — | — | — | $29.1m | $25.4m | $13.1m | — | |
| Change in fair value of crypto assets | — | — | — | — | — | — | — | — | ($29k) | $7.6m | — | |
| Realized (gains) losses on non-marketable equity securities | — | — | — | — | — | — | — | — | $5.1m | ($44k) | — | |
| Change in fair value of embedded derivative liabilities | — | — | — | — | — | — | — | — | ($910k) | ($3.2m) | — | |
| Loss from investment in unconsolidated entity | — | — | — | — | — | $311k | $924k | $302k | $2.0m | — | — | |
| Gain on deconsolidation of subsidiary | — | — | — | — | — | — | — | $3.0m | — | ($12.4m) | — | |
| Marketable equity securities | — | — | — | — | — | ($29.4m) | $79.0m | $46.5m | $11.5m | ($2.4m) | — | |
| Cash decrease upon deconsolidation of subsidiary | — | — | — | — | — | — | — | ($6.3m) | — | ($6k) | — | |
| Proceeds from Sale of PP&E | — | $17k | — | — | — | — | — | $4.5m | $13.0m | $3.0m | — | |
| Investment in notes receivable, related party | — | — | — | — | — | — | — | ($3.9m) | — | ($11.1m) | — | |
| Principal payments on loans receivable | — | — | — | — | — | — | $11.1m | — | — | $1.2m | — | |
| Proceeds from sales of Series B preferred stock | — | — | — | — | — | — | — | $3.0m | — | $32.4m | — | |
| Proceeds from sales of Series C preferred stock and warrants, related party | — | — | — | — | — | — | — | $3.8m | $8.5m | — | — | |
| Proceeds from sales of Series G and Series H preferred stock and warrants, related party | — | — | — | — | — | — | — | ($500k) | $8.5m | $5.0m | — | |
| Proceeds from subsidiaries’ sale of stock to non-controlling interests | — | — | — | — | — | — | — | $7.3m | $1.9m | — | — | |
| Distribution to Circle 8 non-controlling interest | — | — | — | — | — | — | — | ($729k) | — | ($125k) | — | |
| Payments on notes payable | — | ($190k) | ($12.1m) | ($2.1m) | ($8.8m) | ($2.5m) | ($73.9m) | ($65.0m) | ($60.2m) | ($57.3m) | — | |
| Payments on convertible notes payable, related party | — | — | — | — | — | — | — | ($150k) | ($243k) | — | — | |
| Proceeds from notes payable, related party | — | — | — | — | — | — | — | $2.3m | — | $1.5m | — | |
| Payments on notes payable, related party | — | — | — | — | — | — | — | ($314k) | ($1.9m) | — | — | |
| Payments on convertible notes | — | ($157k) | ($2.4m) | ($7.1m) | — | — | — | ($1.0m) | ($1.3m) | ($6.2m) | — | |
| Settlement of interest payable with crypto assets | — | — | — | — | — | — | — | $20.2m | $142k | — | — | |
| Settlement of note payable with crypto assets | — | — | — | — | — | — | $400k | $400k | $506k | — | — | |
| Exchange of related party advances for investment in other equity securities, related party | — | — | — | — | — | — | — | $17.4m | $2.0m | — | — | |
| Recognition of new operating lease right-of-use assets and lease liabilities | — | — | — | — | — | $1.9m | $2.2m | $4.4m | $2.1m | $2.3m | — | |
| Settlement of subsidiary financing obligation with non-controlling interests | — | — | — | — | — | — | — | $8.4m | — | $2.6m | — | |
| Issuance of Series D preferred stock in satisfaction of notes payable | — | — | — | — | — | — | — | $1.2m | — | $3.5m | — | |
| Conversion of notes receivable, related party into equity in connection with the acquisition of Gresham | — | — | — | — | — | — | — | $11.6m | $2.6m | $28.8m | — |