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Income Statement
Bit Digital, Inc (BTBT)
source: myfinsight.com
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Cloud Services
$16,595,315
Colocation Services
$1,729,004
Digital Asset Mining
$6,631,838
ETHStaking
$365,332
Revenue from external
customers
$25,321,489
Other Revenue
$337,930
Other income, net
$4,726,754
Total revenues
$25,659,419
Total other income,
net
$4,726,754
Income (loss) from
operations
$11,739,005
Total operating
expenses
$13,920,414
Gains (losses) on
digital assets
$27,154,706
Income (loss) before
income taxes
$16,465,759
Cost of
revenue-Cloud Services
$6,391,120
Cost of
revenue-Colocation Services
$687,880
Cost of
revenue-Digital Asset Mining
$6,075,585
Cost of
revenue-ETHStaking
$29,633
Depreciation and
amortization expenses
$8,223,538
General and
administrative expenses
$19,667,364
Net income (loss)
$14,874,202
Foreign currency
translation adjustment
$3,428,201
Income tax expenses
$1,591,557
Comprehensive income (loss)
$18,302,403
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