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

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Revenue YoY Change

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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

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Gross Profit

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Gross Profit Margin

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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

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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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

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Interest Expenses To Operating Income %

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Other Expense/Income

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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

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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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

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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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.