Digital Assets and Digital Assets Receivable |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Digital Assets and Digital Assets Receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Digital Assets and Digital Assets Receivable |
The table below summarizes the digital assets shown on the Company’s condensed consolidated balance sheets as of March 31, 2025:
The Company has recorded a portion of their digital assets as digital assets receivable for the digital assets the Company sent to third party lenders as collateral against certain notes payable. For more information, see Note 3, Notes Payable. The table below summarizes the digital assets receivable shown on the Company’s condensed consolidated balance sheets as of March 31, 2025:
During the period ended March 31, 2025, the Company recorded realized losses of $3.4 thousand and unrealized losses of $3.3 million on the Company’s condensed consolidated statement of operations. During the period ended March 31, 2024, the Company did not have any impairment losses or realized gains or losses recorded on the Company’s condensed consolidated statement of operations. |