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Greenidge Generation Holdings Inc. (GREE)

For the quarter ending 2025-06-30, GREE made $12,861K in revenue. -$4,118K in net income. Net profit margin of -32.02%.

Overview

Revenue
$12,861K
Net Income
-$4,118K
Net Profit Margin
-32.02%
EPS
-$0.27
Unit: Thousand (K) dollars
Revenue Breakdown
    • Natural gas expense
    • Other cost of revenue
    • Emissions expense
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue12,861 19,242 12,351 13,057
Cost of revenue- 14,998 9,304 9,216
Selling, general and administrative3,106 2,776 3,730 4,177
Gain on insurance proceeds- 399 - -
Impairment of long-lived assets- - - -
Loss (gain) on sale of assets-218 -137 -693 32
Depreciation3,179 3,131 3,390 3,285
Loss (gain) on digital assets2,098 -988 156 -11
Cost of revenue-Power And Capacity2,311 - - -
Cost of revenue-Datacenter Hosting6,577 - - -
Cost of revenue-Cryptocurrency Mining2,963 - - -
Total operating costs and expenses16,256 21,631 16,961 16,757
Operating loss-3,395 -2,389 -4,610 -3,700
Other income, net-1 -18 - -
Interest expense, net-758 -2,855 -1,832 -1,805
Change in fair value of warrant asset- - - -
Loss on liquidation of subsidiary- -348 - -
Total other expense, net-757 -3,185 -1,832 -1,805
Loss from operations before income taxes-4,152 -5,574 -6,442 -5,505
Benefit from income taxes-34 -10 -118 -
Net loss-4,118 -5,564 - -
Foreign currency translation adjustment- - - -
Reclassification of foreign currency translation adjustment realized upon liquidation of foreign subsidiary- -348 - -
Comprehensive loss-4,118 -5,216 -6,367 -5,568
Loss from discontinued operations, net of tax- - -43 -63
Net loss from continuing operations- - -6,324 -5,505
Net loss- - -6,367 -5,568
Net loss per share, basic (in dollars per share)-0.27 -0.4 -0.6 -0.56
Net loss per share, diluted (in dollars per share)-0.27 -0.4 -0.6 -0.56
Weighted average shares outstanding, basic (in shares)15,246,000 13,938,000 10,652,000 9,966,000
Weighted average shares outstanding, diluted (in shares)15,246,000 13,938,000 10,652,000 9,966,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Comprehensive loss-$4,118K Net loss-$4,118K Benefit from incometaxes-$34K Loss from operationsbefore income taxes-$4,152K (24.58%↑ Y/Y)Electricity for miningexpense$1,250K Emissions expense$2,389K Hosting fee expense$147K Natural gas expense$4,434K Segment gross profit$1,010K Other cost of revenue$3,631K Total other expense,net-$757K (58.06%↑ Y/Y)Operating loss-$3,395K (8.24%↑ Y/Y)Other income, net-$1K Total revenue$12,861K (-1.50%↓ Y/Y)Interest expense, net-$758K (58.01%↑ Y/Y)Total operating costsand expenses$16,256K (-2.99%↓ Y/Y)Loss (gain) ondigital assets$2,098K (19172.73%↑ Y/Y)Cost ofrevenue-Cryptocurrency Mining$2,963K Cost ofrevenue-Datacenter Hosting$6,577K Cost ofrevenue-Power And Capacity$2,311K Depreciation$3,179K (-3.23%↓ Y/Y)Loss (gain) on sale ofassets-$218K (-781.25%↓ Y/Y)Selling, general andadministrative$3,106K (-25.64%↓ Y/Y)