$MGTI
MGT Capital Investments Inc Stock $mgti

$mgti Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000149315223017438 Filed on May 15, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q4
Revenue	$98.00K	$107.0K	$124.0K
YoY Change	-65.49%	-58.04%	21.57%
Cost Of Revenue	$90.00K	$134.0K	$33.00K
YoY Change	-88.05%	-75.46%	-78.71%
Gross Profit	$10.00K	-$27.00K	$91.00K
YoY Change	-102.13%	-90.72%	-271.7%
Gross Profit Margin	10.2%	-25.23%	73.39%
Selling, General & Admin	$270.0K	$483.0K	$558.0K
YoY Change	-29.32%	19.55%	7.93%
% of Gross Profit	2700.0%		613.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$68.00K	$56.00K	$49.00K
YoY Change	38.78%	16.67%	-61.42%
% of Gross Profit	680.0%		53.85%
Operating Expenses	$365.0K	$617.0K	$558.0K
YoY Change	-67.84%	52.72%	7.93%
Operating Profit	-$267.0K	-$510.0K	-$467.0K
YoY Change	-68.63%	-26.62%	-18.07%
Interest Expense	$22.00K	$23.00K	$12.46M
YoY Change			4398.19%
% of Operating Profit
Other Income/Expense, Net	$2.685M	-$3.288M	-$6.000K
YoY Change	203.05%		-101.53%
Pretax Income	$2.420M	-$3.798M	$11.92M
YoY Change	6814.29%	150.2%	14617.28%
Income Tax
% Of Pretax Income
Net Earnings	$2.418M	-$3.798M	$11.92M
YoY Change	6808.57%	150.2%	14617.28%
Net Earnings / Revenue	2467.35%	-3549.53%	9613.71%
Basic Earnings Per Share	$0.00	-$0.01
Diluted Earnings Per Share	$0.00	-$0.01	$0.02
COMMON SHARES
Basic Shares Outstanding	729.8M shares	723.8M shares	703.8M shares
Diluted Shares Outstanding	734.3M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$0.00	$317.0K	$538.0K
YoY Change	-100.0%	-49.92%	-56.26%
Cash & Equivalents	$295.0K	$317.0K	$538.0K
Short-Term Investments
Other Short-Term Assets	$300.0K	$9.000K	$15.00K
YoY Change	2207.69%	-40.0%	-88.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables			$0.00
Total Short-Term Assets	$336.0K	$326.0K	$553.0K
YoY Change	-18.64%	-65.83%	-63.97%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.044M	$1.113M	$1.098M
YoY Change	-13.0%	-14.19%	-10.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments			$0.00
YoY Change			-100.0%
Other Assets			$3.000K
YoY Change			0.0%
Total Long-Term Assets	$1.044M	$1.113M	$1.101M
YoY Change	-19.44%	-17.62%	-17.65%
TOTAL ASSETS
Total Short-Term Assets	$336.0K	$326.0K	$553.0K
Total Long-Term Assets	$1.044M	$1.113M	$1.101M
Total Assets	$1.380M	$1.439M	$1.654M
YoY Change	-19.25%	-37.57%	-42.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$446.0K	$324.0K	$11.00K
YoY Change	-18.17%	2.86%	-94.79%
Accrued Expenses	$100.0K	$10.00K	$115.0K
YoY Change	-17.36%	-73.68%	-17.86%
Deferred Revenue			$30.00K
YoY Change
Short-Term Debt	$400.0K	$206.0K	$200.0K
YoY Change	463.38%	281.48%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.737M	$8.502M	$5.388M
YoY Change	356.4%	307.18%	212.17%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$300.0K	$269.0K	$0.00
YoY Change	1566.67%	1394.44%	-100.0%
Total Long-Term Liabilities	$300.0K	$269.0K	$0.00
YoY Change	1566.67%	1394.44%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.737M	$8.502M	$5.388M
Total Long-Term Liabilities	$300.0K	$269.0K	$0.00
Total Liabilities	$6.074M	$8.771M	$5.388M
YoY Change	376.39%	316.48%	209.12%
SHAREHOLDERS EQUITY
Retained Earnings	-$427.3M	-$429.7M	-$425.9M
YoY Change	1.39%		1.42%
Common Stock	$754.0K	$724.0K	$704.0K
YoY Change	15.82%		15.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$4.694M	-$7.332M	-$3.734M
YoY Change
Total Liabilities & Shareholders Equity	$1.380M	$1.439M	$1.654M
YoY Change	-19.25%	-37.57%	-42.41%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$2.418M	-$3.798M	$11.92M
YoY Change	6808.57%	150.2%	14617.28%
Depreciation, Depletion And Amortization	$68.00K	$56.00K	$49.00K
YoY Change	38.78%	16.67%	-61.42%
Cash From Operating Activities	-$120.0K	-$21.00K	-$713.0K
YoY Change	-66.01%	-96.03%	-467.53%
INVESTING ACTIVITIES
Capital Expenditures	$0.00		$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change			-100.0%
Cash From Investing Activities	$0.00		$0.00
YoY Change			-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	100.0K	-$200.0K	0.000
YoY Change	203.03%
NET CHANGE
Cash From Operating Activities	-120.0K	-$21.00K	-713.0K
Cash From Investing Activities	0.000		0.000
Cash From Financing Activities	100.0K	-$200.0K	0.000
Net Change In Cash	-20.00K	-$221.0K	-713.0K
YoY Change	-93.75%		2540.74%
FREE CASH FLOW
Cash From Operating Activities	-$120.0K	-$21.00K	-$713.0K
Capital Expenditures	$0.00		$0.00
Free Cash Flow	-$120.0K	-$21.00K	-$713.0K
YoY Change	-66.01%	-95.44%	-295.34%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001001601
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent		usd
CY2023Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent		usd
CY2023Q1	us-gaap	Notes Payable Current NotesPayableCurrent		usd
CY2022Q4	us-gaap	Security Deposit Liability SecurityDepositLiability		usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q1	us-gaap	Interest Expense InterestExpense		usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest		usd
CY2022Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet		usd
CY2022Q1	MGTI	Accretion Of Debt Discount AccretionOfDebtDiscount		usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
CY2023Q1	MGTI	Deemed Dividend DeemedDividend		usd
CY2022Q1	MGTI	Deemed Dividend DeemedDividend		usd
CY2022Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1		usd
CY2022Q1	MGTI	Gain Loss On Change In Change In Fair Value Of Warrant Derivative Liability GainLossOnChangeInChangeInFairValueOfWarrantDerivativeLiability		usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable		usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets		usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable		usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q1	MGTI	Exchange Of Property And Equipment ExchangeOfPropertyAndEquipment		usd
CY2021Q4	us-gaap	Intangible Assets Current IntangibleAssetsCurrent		usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
CY2023Q1	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent		usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent		usd
CY2021Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-32698
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	MGT CAPITAL INVESTMENTS, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-4148725
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	2076 Foster Mill Rd.
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	LaFayette
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	GA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	30728
CY2023Q1	dei	City Area Code CityAreaCode	(914)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	630-7430
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	729770903	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	317000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	538000	usd
CY2023Q1	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	5000	usd
CY2022Q4	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	11000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	326000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	553000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1113000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1098000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3000	usd
CY2023Q1	us-gaap	Assets Assets	1439000	usd
CY2022Q4	us-gaap	Assets Assets	1654000	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	324000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11000	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	10000	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	115000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	30000	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	200000	usd
CY2023Q1	MGTI	Convertible Note Payable Current ConvertibleNotePayableCurrent	206000	usd
CY2022Q4	MGTI	Convertible Note Payable Current ConvertibleNotePayableCurrent	82000	usd
CY2023Q1	MGTI	Warrant Derivative Liability WarrantDerivativeLiability	3392000	usd
CY2022Q4	MGTI	Warrant Derivative Liability WarrantDerivativeLiability	1727000	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4570000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	3223000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8502000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	5388000	usd
CY2023Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	269000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	8771000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	5388000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	723770903	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	723770903	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	703770903	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	703770903	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	724000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	704000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	421648000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	421468000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-429704000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-425906000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-7332000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-3734000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1439000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1654000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	107000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	255000	usd
CY2023Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	134000	usd
CY2022Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	546000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	483000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	404000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	617000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	950000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-510000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-695000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	23000	usd
CY2022Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1000	usd
CY2023Q1	MGTI	Gain Loss On Change In Fair Value Of Derivtive Liability GainLossOnChangeInFairValueOfDerivtiveLiability	-1696000	usd
CY2022Q1	MGTI	Gain Loss On Change In Fair Value Of Derivtive Liability GainLossOnChangeInFairValueOfDerivtiveLiability	-407000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1347000	usd
CY2023Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-169000	usd
CY2022Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-417000	usd
CY2023Q1	MGTI	Accretion Of Debt Discount AccretionOfDebtDiscount	123000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	70000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3288000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-823000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-3798000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1518000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-3798000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1518000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	719548681	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	625037570	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-3734000	usd
CY2023Q1	MGTI	Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability	200000	usd
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CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	1129000	usd
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CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1518000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	199000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-3798000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1518000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	56000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	48000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	70000	usd
CY2023Q1	MGTI	Change In Fair Value Of Liability ChangeInFairValueOfLiability	-1347000	usd
CY2022Q1	MGTI	Change In Fair Value Of Liability ChangeInFairValueOfLiability	-407000	usd
CY2023Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-169000	usd
CY2022Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-417000	usd
CY2023Q1	MGTI	Gain Loss On Change In Change In Fair Value Of Warrant Derivative Liability GainLossOnChangeInChangeInFairValueOfWarrantDerivativeLiability	-1696000	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	123000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	126000	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-112000	usd
CY2023Q1	us-gaap	Increase Decrease In Intangible Assets Current IncreaseDecreaseInIntangibleAssetsCurrent	-6000	usd
CY2022Q1	us-gaap	Increase Decrease In Intangible Assets Current IncreaseDecreaseInIntangibleAssetsCurrent	2000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-3000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1000	usd
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	1000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	313000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	104000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-105000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-95000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-30000	usd
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	54000	usd
CY2023Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	269000	usd
CY2022Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	70000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-21000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-529000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	68000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	200000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-200000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-221000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-597000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	538000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1230000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	317000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	633000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	23000	usd
CY2023Q1	MGTI	Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Liability CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeLiability	200000	usd
CY2022Q1	MGTI	Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Liability CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeLiability	588000	usd
CY2023Q1	MGTI	Exchange Of Property And Equipment ExchangeOfPropertyAndEquipment	70000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-429704000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	317000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_zWzr9bh2GFRa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_86D_zbX6hcEcsg4e">Use of estimates and assumptions and critical accounting estimates and assumptions</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and also affect the amounts of revenues and expenses reported for each period. Actual results could differ from those which result from using such estimates. Management utilizes various other estimates, including but not limited to determining the estimated lives of long-lived assets, determining the potential impairment of long-lived assets, the fair value of warrants issued, the fair value of conversion features, and the valuation allowance for deferred tax assets. The results of any changes in accounting estimates are reflected in the financial statements in the period in which the changes become evident. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the period that they are determined to be necessary.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	317000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	538000	usd
CY2023Q1	us-gaap	Cash Uninsured Amount CashUninsuredAmount	29000	usd
CY2022Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	37000	usd
CY2022	MGTI	Additions Of Digital Currencies From Mining AdditionsOfDigitalCurrenciesFromMining	169000	usd
CY2022	MGTI	Realized Gain Loss On Sale Of Digital Currencies RealizedGainLossOnSaleOfDigitalCurrencies	-2000	usd
CY2022	MGTI	Sale Of Digital Currencies SaleOfDigitalCurrencies	-156000	usd
CY2022Q4	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	11000	usd
CY2023Q1	MGTI	Additions Of Digital Currencies From Mining AdditionsOfDigitalCurrenciesFromMining	21000	usd
CY2023Q1	MGTI	Realized Gain Loss On Sale Of Digital Currencies RealizedGainLossOnSaleOfDigitalCurrencies	1000	usd
CY2023Q1	MGTI	Sale Of Digital Currencies SaleOfDigitalCurrencies	-28000	usd
CY2023Q1	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	5000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1723000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1927000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	610000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	829000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1113000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1098000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	56000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	48000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	70000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	70000	usd
CY2022Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	3000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3000	usd
CY2022	us-gaap	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues	4207000	usd
CY2022	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	984000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	3223000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1347000	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4570000	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4570000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1347000	usd
CY2022Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2023Q1	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	3392000	usd
CY2023Q1	MGTI	Gain Loss On Change In Fair Value Of Derivtive Liability GainLossOnChangeInFairValueOfDerivtiveLiability	-1696000	usd
CY2022Q4	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	1727000	usd
CY2021Q4	MGTI	Warrant Derivative Liability WarrantDerivativeLiability	1130000	usd
CY2022	MGTI	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Warrant Issuance FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationWarrantIssuance	2554000	usd
CY2022	MGTI	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfer Out Upon Conversion Of Convertible Notes And Warrants FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransferOutUponConversionOfConvertibleNotesAndWarrants	-231000	usd
CY2022	MGTI	Derivative Liability Change In Fair Value DerivativeLiabilityChangeInFairValue	-1726000	usd
CY2022Q4	MGTI	Warrant Derivative Liability WarrantDerivativeLiability	1727000	usd
CY2023Q1	MGTI	Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Warrant Issuance FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationWarrantIssuance	-31000	usd
CY2023Q1	MGTI	Derivative Liability Change In Fair Value DerivativeLiabilityChangeInFairValue	1696000	usd
CY2023Q1	MGTI	Warrant Derivative Liability WarrantDerivativeLiability	3392000	usd
CY2023Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-169000	usd
CY2022Q1	MGTI	Gain Loss On Settlement Of Derivative GainLossOnSettlementOfDerivative	-417000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	4570000	usd
CY2023Q1	MGTI	Warrant Derivative Liability Fair Value Disclosure WarrantDerivativeLiabilityFairValueDisclosure	3392000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	3223000	usd
CY2022Q4	MGTI	Warrant Derivative Liability Fair Value Disclosure WarrantDerivativeLiabilityFairValueDisclosure	1727000	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	200000	usd
CY2023Q1	MGTI	Loss On Early Termination Of Land Lease LossOnEarlyTerminationOfLandLease	8000	usd
CY2023Q1	us-gaap	Payments For Rent PaymentsForRent	0	usd
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	10000	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted	12666572	shares
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted	626329010	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	682563502	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	691073030	shares
CY2023Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	616195582	shares
CY2022Q4	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	603529010	shares

Files In Submission

Name	View Source	Status
0001493152-23-017438-index-headers.html	Edgar Link	pending
0001493152-23-017438-index.html	Edgar Link	pending
0001493152-23-017438.txt	Edgar Link	pending
0001493152-23-017438-xbrl.zip	Edgar Link	pending
ex31.htm	Edgar Link	pending
ex32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mgti-20230331.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
mgti-20230331_cal.xml	Edgar Link	unprocessable
mgti-20230331_def.xml	Edgar Link	unprocessable
mgti-20230331_lab.xml	Edgar Link	unprocessable
mgti-20230331_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
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R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MGTI
MGT Capital Investments Inc Stock $mgti

2023 Q2 Form 10-Q Financial Statement

#000149315223017438 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGTI MGT Capital Investments Inc Stock $mgti

2023 Q2 Form 10-Q Financial Statement

#000149315223017438 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGTI
MGT Capital Investments Inc Stock $mgti