Financial Snapshot

Revenue
$23.53M
TTM
Gross Margin
29.7%
TTM
Net Earnings
-$33.28M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
6.39%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Book Value
Cash
Q3 2024
P/E
-1.063
Nov 29, 2024 EST
Free Cash Flow
-$3.443M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $6.836M $13.65M $20.68M $12.57M $10.82M $10.48M $5.600M $5.600M
YoY Change -49.9% -34.03% 64.52% 16.17% 3.27% 87.14% 0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $6.836M $13.65M $20.68M $12.57M $10.82M $10.48M $5.600M $5.600M
Cost Of Revenue $3.401M $5.412M $8.119M $6.210M $4.634M $4.040M $1.250M $1.250M
Gross Profit $3.435M $8.233M $12.57M $6.364M $6.189M $6.430M $4.350M $4.350M
Gross Profit Margin 50.25% 60.33% 60.75% 50.61% 57.19% 61.35% 77.68% 77.68%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $7.971M $14.40M $19.53M $19.11M $13.14M $6.250M $9.440M $9.440M
YoY Change -44.64% -26.28% 2.18% 45.5% 110.18% -33.79% 0.0%
% of Gross Profit 232.06% 174.89% 155.43% 300.35% 212.25% 97.2% 217.01% 217.01%
Research & Development $2.336M $4.691M $6.272M $3.206M $5.565M $2.650M $1.900M $1.900M
YoY Change -50.21% -25.21% 95.61% -42.39% 110.0% 39.47% 0.0%
% of Gross Profit 67.99% 56.98% 49.91% 50.39% 89.92% 41.21% 43.68% 43.68%
Depreciation & Amortization $918.9K $7.835M $127.7K $1.316M $0.00 $0.00
YoY Change -88.27% 6033.76% -90.29%
% of Gross Profit 26.75% 95.17% 1.02% 20.68% 0.0% 0.0%
Operating Expenses $10.33M $63.68M $45.92M $23.64M $18.70M $8.900M $11.34M $11.34M
YoY Change -83.77% 38.67% 94.29% 26.38% 110.13% -21.52% 0.0%
Operating Profit -$6.899M -$55.45M -$33.36M -$17.27M -$12.51M -$2.470M -$6.990M -$6.990M
YoY Change -87.56% 66.23% 93.12% 38.04% 406.57% -64.66% 0.0%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$1.130M -$853.7K -$1.531M $156.7K $90.00K $10.00K $0.00 $0.00
YoY Change 32.4% -44.26% -1077.48% 74.09% 800.0%
% of Operating Profit
Other Income/Expense, Net -$1.704M -$3.896M -$228.1K $2.884M $109.1K -$30.00K -$30.00K -$30.00K
YoY Change -56.27% 1608.34% -107.91% 2543.12% -463.77% 0.0% 0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$8.603M -$59.34M -$33.58M -$14.39M -$12.40M -$2.490M -$7.020M -$7.020M
YoY Change -85.5% 76.7% 133.42% 16.0% 398.12% -64.53% 0.0%
Income Tax -$716.2K -$2.262M $30.99K $0.00
% Of Pretax Income
Net Earnings -$11.58M -$79.06M -$31.33M -$13.57M -$14.42M -$2.490M -$7.020M -$7.020M
YoY Change -85.35% 152.35% 130.83% -5.87% 479.08% -64.53% 0.0%
Net Earnings / Revenue -169.36% -579.39% -151.46% -107.95% -133.22% -23.76% -125.36% -125.36%
Basic Earnings Per Share -$31.21 -$27.33 -$24.44
Diluted Earnings Per Share -$31.21 -$27.32 -$1.222M -$1.056M -$2.050M -$335.1K -$944.8K -$944.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $768.5K $877.8K $13.93M $17.84M $21.87M $1.570M $4.320M $4.320M
YoY Change -12.45% -93.7% -21.89% -18.43% 1292.99% -63.66% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $49.76K $12.80M $2.385M $2.350M $1.080M $1.190M $1.350M $1.350M
YoY Change -99.61% 436.49% 1.49% 117.59% -9.24% -11.85% 0.0%
Inventory
Prepaid Expenses
Receivables $147.9K $674.6K $1.404M $1.750M $1.260M $250.0K $90.00K $90.00K
Other Receivables $370.3K $544.2K $507.0K $620.0K $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.336M $14.89M $18.23M $22.55M $24.20M $3.020M $5.760M $5.760M
YoY Change -91.03% -18.31% -19.16% -6.82% 701.32% -47.57% 0.0%
Property, Plant & Equipment $21.69K $48.88K $153.2K $1.190M $2.760M
YoY Change -55.63% -68.08% -87.13% -56.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $226.1K $230.0K $250.0K
YoY Change -100.0% -1.7% -8.0%
Other Assets $0.00 $0.00 $9.700K $40.00K
YoY Change -100.0%
Total Long-Term Assets $21.69K $4.576M $76.25M $54.62M $0.00 $0.00 $0.00 $0.00
YoY Change -99.53% -94.0% 39.61%
Total Assets $1.358M $19.47M $94.48M $77.17M $24.20M $3.020M $5.760M $5.760M
YoY Change
Accounts Payable $2.165M $1.510M $1.943M $510.0K $1.320M $550.0K $1.110M $1.110M
YoY Change 43.37% -22.29% 281.07% -61.36% 140.0% -50.45% 0.0%
Accrued Expenses $2.407M $1.966M $3.439M $2.670M $500.0K $370.0K $430.0K $430.0K
YoY Change 22.45% -42.83% 28.8% 434.0% 35.14% -13.95% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.149M $13.20M $13.20M $11.71M $6.140M
YoY Change -60.99% 0.0% 12.72% 90.72%
Total Short-Term Liabilities $10.37M $22.73M $29.17M $15.74M $2.440M $1.390M $2.650M $2.650M
YoY Change -54.37% -22.1% 85.33% 545.08% 75.54% -47.55% 0.0%
Long-Term Debt $0.00 $1.407M $4.105M $3.900M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -65.72% 5.26%
Other Long-Term Liabilities $0.00 $161.8K $582.7K
YoY Change -100.0% -72.23%
Total Long-Term Liabilities $0.00 $1.569M $4.688M $3.900M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -66.53% 20.2%
Total Liabilities $10.37M $24.29M $34.53M $19.64M $2.440M $1.390M $2.650M $2.650M
YoY Change -57.32% -29.65% 75.83% 704.92% 75.54% -47.55% 0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 371.0K shares 2.928M shares 1.282M shares
Diluted Shares Outstanding 371.0K shares 146.4K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $35.37 Million

About Gryphon Digital Mining, Inc.

Gryphon Digital Mining, Inc. is a bitcoin mining company, which offers carbon-neutral bitcoin mining and digital assets mining operations. The company is headquartered in Las Vegas, Nevada and currently employs 3 full-time employees. The company went IPO on 2018-02-21. The firm is focused on bringing digital assets onto the clean energy grid. The firm operates a digital asset (referred to as cryptocurrency) mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips (known as miners) to solve complex cryptographic algorithms in support of the Bitcoin blockchain (in a process known as solving a block) in exchange for cryptocurrency rewards (primarily Bitcoin). Its operations encompass the Self-Mining, and ESG-Led Mining operations. The company operates approximately 9,000 bitcoin ASIC mining computers from Bitmain Technologies Limited (Bitmain) that the Company has installed at third-party hosted mining data centers located in New York. The company is also focused on improving digital asset network infrastructure. The Company’s Bitcoin mining operation has a net carbon-negative strategy.

Industry: Finance Services Peers: BLACKBOXSTOCKS INC. MGT CAPITAL INVESTMENTS, INC. INTEGRATED VENTURES, INC. hopTo Inc. MobiVentures Inc. Qumu Corp Salesforce, Inc. Titan Environmental Solutions Inc.