v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenue $ 44,079,000 $ 25,021,000
Total cost of revenue 29,010,000 19,738,000
Gross profit 15,069,000 5,283,000
Operating expenses    
General and administrative 18,526,000 9,195,000
Selling and marketing 5,612,000 2,334,000
Research and development 4,800,000 129,000
Change in fair value of crypto assets 7,405,000 9,000
Total operating expenses 36,343,000 11,667,000
Loss from operations (21,274,000) (6,384,000)
Other (expense) income:    
Interest and other income 769,000 240,000
Interest expense (6,546,000) (3,839,000)
Change in fair value of crypto assets, restricted (4,682,000)
Gain (loss) on extinguishment of debt 489,000 (4,569,000)
Change in fair value of embedded derivative liabilities 1,324,000
Gain on deconsolidation of subsidiary 10,049,000
Loss on the sale of fixed assets (161,000)
Total other (expense) income, net (8,646,000) 1,720,000
Loss before income taxes (29,920,000) (4,664,000)
Income tax provision 216,000 59,000
Net loss (30,136,000) (4,723,000)
Net income attributable to non-controlling interest 186,000 518,000
Net loss attributable to Hyperscale Data (29,950,000) (4,205,000)
Preferred dividends (2,506,000) (1,966,000)
Net loss attributable to common stockholders $ (32,456,000) $ (6,171,000)
Basic net loss per common share $ (0.09) $ (0.98)
Diluted net loss per common share $ (0.09) $ (0.98)
Weighted average basic common shares outstanding 380,730,000 6,284,000
Weighted average diluted common shares outstanding 380,730,000 6,284,000
Comprehensive (loss) income    
Foreign currency translation adjustment $ (806,000) $ 6,000
Other comprehensive (loss) income (806,000) 6,000
Total comprehensive loss (33,262,000) (6,165,000)
Crane Operations [Member]    
Total revenue 11,001,000 13,769,000
Total cost of revenue 7,180,000 8,247,000
Revenue Defense Solutions [Member]    
Total revenue 10,182,000
Revenue Crypto Assets Mining [Member]    
Total revenue 5,077,000 5,198,000
Hotel and real estate operations [Member]    
Total revenue 3,856,000 3,665,000
Total cost of revenue 2,990,000 2,844,000
Lending and Trading Activities [Member]    
Total revenue 11,521,000 (28,000)
Total cost of revenue 1,944,000
Other [Member]    
Total revenue 2,442,000 2,417,000
Total cost of revenue 2,250,000 1,616,000
Costof Revenue Defense Solutions [Member]    
Total cost of revenue 7,036,000
Cost of Revenue Crypto Assets Mining [Member]    
Total cost of revenue $ 7,610,000 $ 7,031,000