BTC Digital Ltd.
Income Statement
| Line Item | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $2.3M | $2.7M | $944.0K | $845.0K | $6.4M | $907.0K |
| Cost of Revenue | $2.8M | $2.5M | $2.8M | $1.4M | $1.4M | $6.1M | $1.3M |
| Gross Profit | $-261.0K | $-214.0K | $-128.0K | $-484.0K | $-541.0K | $233.0K | $-343.0K |
| Gross Margin | -10.2% | -9.2% | -4.8% | -51.3% | -64.0% | 3.7% | -37.8% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $218.0K | $353.0K | $906.0K | $177.0K | $153.0K | $262.0K | $529.0K |
| Operating Income | $-542.0K | $-628.0K | $-1.1M | $-688.0K | $-694.0K | $-99.0K | $-1.0M |
| Operating Margin | -21.2% | -27.0% | -40.3% | -72.9% | -82.1% | -1.6% | -110.3% |
| Interest Expense | $2.0K | $9.0K | — | — | $11.0K | $20.0K | — |
| Pretax Income | $-571.0K | $-704.0K | $-731.0K | $-702.0K | $-1.0M | $-135.0K | $-980.0K |
| Income Tax Expense | — | — | — | — | — | — | — |
| Net Income | $-571.0K | $-704.0K | $-731.0K | $-702.0K | $-1.0M | $-135.0K | $-980.0K |
| Net Margin | -22.3% | -30.2% | -27.6% | -74.4% | -119.2% | -2.1% | -108.0% |
| EPS (Basic) | $-0.21 | $-0.27 | $-0.30 | $-0.32 | $-0.32 | $-0.06 | $-0.42 |
| EPS (Diluted) | $-0.21 | $-0.27 | $-0.30 | $-0.32 | $-0.32 | $-0.06 | $-0.42 |
| Shares Outstanding (Basic) | 2.7M | 2.6M | 2.4M | 1.5M | 3.2M | 2.6M | 2.3M |
| Shares Outstanding (Diluted) | 2.7M | 2.6M | 2.4M | 1.5M | 3.2M | 2.6M | 2.3M |
| Dividends Per Share | — | — | — | — | — | — | — |