v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total revenue $ 25,021,000 $ 38,365,000
Total cost of revenue 19,738,000 20,177,000
Gross profit 5,283,000 18,188,000
Operating expenses    
Research and development 129,000 111,000
Selling and marketing 2,334,000 4,048,000
General and administrative 9,204,000 10,372,000
Total operating expenses 11,667,000 14,531,000
(Loss) income from operations (6,384,000) 3,657,000
Other income (expense):    
Interest and other income 240,000 523,000
Interest expense (3,839,000) (5,631,000)
Gain on conversion of investment in equity securities to marketable equity securities 17,900,000
(Loss) gain on extinguishment of debt (4,569,000) 1,405,000
Loss from investment in unconsolidated entity (667,000)
Gain on deconsolidation of subsidiary 10,049,000
Provision for loan losses, related party (3,068,000)
(Loss) gain on the sale of fixed assets (161,000) 68,000
Total other expense, net 1,720,000 10,530,000
(Loss) income before income taxes (4,664,000) 14,187,000
Income tax provision (benefit) 59,000 (1,000)
Net (loss) income from continuing operations (4,723,000) 14,188,000
Net loss from discontinued operations (3,336,000)
Net (loss) income (4,723,000) 10,852,000
Net loss (income) attributable to non-controlling interest 518,000 (7,135,000)
Net (loss) income attributable to Hyperscale Data, Inc. (4,205,000) 3,717,000
Preferred dividends (1,966,000) (1,260,000)
Net (loss) income available to common stockholders $ (6,171,000) $ 2,457,000
Basic net (loss) income per common share:    
Continuing operations $ (0.98) $ 5.56
Discontinued operations (3.20)
Net (loss) income per common share (0.98) 2.36
Diluted net (loss) income per common share:    
Continuing operations $ (0.98) $ 5.55
Weighted average common shares outstanding:    
Basic 6,284,000 460,000
Diluted 6,284,000 1,043,000
Comprehensive (loss) income    
Net (loss) income available to common stockholders $ (6,171,000) $ 2,457,000
Foreign currency translation adjustment 6,000 63,000
Other comprehensive income 6,000 63,000
Total comprehensive (loss) income (6,165,000) 2,520,000
Crane Operations [Member]    
Total revenue 13,769,000 12,918,000
Total cost of revenue 8,247,000 7,715,000
Digital Assets Mining [Member]    
Total revenue 5,198,000 11,447,000
Total cost of revenue 7,031,000 8,544,000
Hotel and real estate operations [Member]    
Total revenue 3,665,000 3,308,000
Total cost of revenue 2,844,000 2,817,000
Lending and Trading Activities [Member]    
Total revenue (28,000) 9,099,000
Total cost of revenue
Other [Member]    
Total revenue 2,417,000 1,593,000
Total cost of revenue $ 1,616,000 $ 1,101,000