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Income Statement
BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
source: myfinsight.com
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Net loss
attributable to common...
-$622,762
Revenue from consulting
$35,068
Revenue from leasing
$1,074,561
Revenue from the sale of
mining equipment
$129,200
Revenue from
self-mining
$813,027
Net loss
-$622,762
Total revenue
$2,051,857
Other (expense), net
-$154,810
Loss from operations
-$467,952
Bad debt expense
recovery
-$124,815
Gross profit
$490,872
Cost of
revenue-Consulting Services
$7,500
Cost of
revenue-Leasing Services
$685,924
Cost of revenue-Sale
Of Mining...
$82,432
Cost of revenue-Self
Mining
$785,129
Loss on the
extinguishment of debt
-$207,758
Total operating
expenses
$958,824
Interest expense
$71,867
Employee shareholder
compensation
$174,143
Investor relations
$4,450
Officers compensation
$230,370
Change in the fair value
of cryptocurrency
-$34,313
Depreciation
$180,735
General and
administrative expenses
$33,059
Insurance
$27,697
Directors compensation
$56,355
Professional fees
$217,702
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