2023 Q3 Form 10-Q Financial Statement

#000149315223044665 Filed on December 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2022 Q3
Revenue $92.00K $146.0K
YoY Change -36.99% -40.16%
Cost Of Revenue $128.0K $224.0K
YoY Change -42.86% -15.15%
Gross Profit -$36.00K -$78.00K
YoY Change -53.85% 290.0%
Gross Profit Margin -39.13% -53.42%
Selling, General & Admin $256.0K $394.0K
YoY Change -35.03% 25.88%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.00K $50.00K
YoY Change 36.0% -70.41%
% of Gross Profit
Operating Expenses $384.0K $618.0K
YoY Change -37.86% 97.44%
Operating Profit -$292.0K -$472.0K
YoY Change -38.14% 41.74%
Interest Expense $23.00K $5.000K
YoY Change 360.0% -103.27%
% of Operating Profit
Other Income/Expense, Net $993.0K -$15.94M
YoY Change -106.23% 5110.46%
Pretax Income $701.0K -$16.42M
YoY Change -104.27% 4289.3%
Income Tax
% Of Pretax Income
Net Earnings $701.0K -$16.42M
YoY Change -104.27% 4289.3%
Net Earnings / Revenue 761.96% -11243.84%
Basic Earnings Per Share $0.00 -$0.02
Diluted Earnings Per Share $0.00 -$24.20K
COMMON SHARES
Basic Shares Outstanding 783.0M shares 683.8M shares
Diluted Shares Outstanding 783.0M shares 678.4M shares

Balance Sheet

Concept 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.00K $1.251M
YoY Change -98.08% -0.48%
Cash & Equivalents $274.0K $1.251M
Short-Term Investments
Other Short-Term Assets $257.0K $17.00K
YoY Change 1411.76% -91.5%
Inventory
Prepaid Expenses
Receivables $28.00K $35.00K
Other Receivables $0.00 $0.00
Total Short-Term Assets $309.0K $1.303M
YoY Change -76.29% -10.57%
LONG-TERM ASSETS
Property, Plant & Equipment $975.0K $1.151M
YoY Change -15.29% -7.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $50.00K
YoY Change -100.0%
Other Assets $6.000K
YoY Change 100.0%
Total Long-Term Assets $975.0K $1.239M
YoY Change -21.31% -0.56%
TOTAL ASSETS
Total Short-Term Assets $309.0K $1.303M
Total Long-Term Assets $975.0K $1.239M
Total Assets $1.284M $2.542M
YoY Change -49.49% -5.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $427.0K $509.0K
YoY Change -16.11% 459.34%
Accrued Expenses $212.0K $21.00K
YoY Change 909.52% -85.91%
Deferred Revenue
YoY Change
Short-Term Debt $794.0K $15.00K
YoY Change 5193.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.611M $18.18M
YoY Change -74.63% 696.93%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $313.0K $19.00K
YoY Change 1547.37% 111.11%
Total Long-Term Liabilities $313.0K $19.00K
YoY Change 1547.37% 111.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.611M $18.18M
Total Long-Term Liabilities $313.0K $19.00K
Total Liabilities $4.924M $18.20M
YoY Change -72.94% 694.63%
SHAREHOLDERS EQUITY
Retained Earnings -$426.6M -$437.8M
YoY Change -2.57%
Common Stock $797.0K $704.0K
YoY Change 13.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.640M -$15.66M
YoY Change
Total Liabilities & Shareholders Equity $1.284M $2.542M
YoY Change -49.49% -5.96%

Cashflow Statement

Concept 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $701.0K -$16.42M
YoY Change -104.27% 4289.3%
Depreciation, Depletion And Amortization $68.00K $50.00K
YoY Change 36.0% -70.41%
Cash From Operating Activities -$164.0K -$554.0K
YoY Change -70.4% -22.63%
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 140.0K 1.492M
YoY Change -90.62% 50.71%
NET CHANGE
Cash From Operating Activities -164.0K -554.0K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 140.0K 1.492M
Net Change In Cash -24.00K 938.0K
YoY Change -102.56% 81.08%
FREE CASH FLOW
Cash From Operating Activities -$164.0K -$554.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$164.0K -$554.0K
YoY Change -70.4% -17.93%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
MGTI Accounts Payable Settled With Loan Payable
AccountsPayableSettledWithLoanPayable
usd
CY2021Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001001601
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
usd
CY2023Q3 us-gaap Long Term Investments
LongTermInvestments
usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
usd
CY2023Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 MGTI Common Stock To Be Issued
CommonStockToBeIssued
usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2022Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2023Q3 MGTI Lease Incentive Loss
LeaseIncentiveLoss
usd
CY2022Q3 MGTI Lease Incentive Loss
LeaseIncentiveLoss
usd
MGTI Lease Incentive Loss
LeaseIncentiveLoss
usd
CY2023Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
usd
MGTI Settlement Of Warrants With Common Stock
SettlementOfWarrantsWithCommonStock
usd
MGTI Discount Related To Convertible Promissory Note
DiscountRelatedToConvertiblePromissoryNote
usd
MGTI Derivative Liabilities Related To Convertible Debt And Warrants
DerivativeLiabilitiesRelatedToConvertibleDebtAndWarrants
usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2023Q3 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
usd
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-32698
dei Entity Registrant Name
EntityRegistrantName
MGT CAPITAL INVESTMENTS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-4148725
dei Entity Address Address Line1
EntityAddressAddressLine1
2076 Foster Mill Drive
dei Entity Address City Or Town
EntityAddressCityOrTown
LaFayette
dei Entity Address State Or Province
EntityAddressStateOrProvince
GA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
37028
dei City Area Code
CityAreaCode
(914)
dei Local Phone Number
LocalPhoneNumber
630-7430
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
805170903 shares
CY2023Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
24000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
288000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
250000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
250000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28000 usd
CY2023Q3 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
7000 usd
CY2022Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
11000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
309000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
553000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
975000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1098000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3000 usd
CY2023Q3 us-gaap Assets
Assets
1284000 usd
CY2022Q4 us-gaap Assets
Assets
1654000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
427000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
11000 usd
CY2023Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
116000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
115000 usd
CY2023Q3 MGTI Convertible Note Payable Current
ConvertibleNotePayableCurrent
774000 usd
CY2022Q4 MGTI Convertible Note Payable Current
ConvertibleNotePayableCurrent
82000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
30000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
96000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1771000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
3223000 usd
CY2023Q3 MGTI Warrant Derivative Liability
WarrantDerivativeLiability
1407000 usd
CY2022Q4 MGTI Warrant Derivative Liability
WarrantDerivativeLiability
1727000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4611000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5388000 usd
CY2023Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
269000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
44000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
4924000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
5388000 usd
CY2023Q3 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
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
797170903 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
797170903 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
703770903 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
703770903 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
797000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
704000 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
422148000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
421468000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-426585000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-425906000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-3640000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-3734000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1284000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1654000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
146000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
297000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
685000 usd
CY2023Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
128000 usd
CY2022Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
224000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
355000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1523000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
256000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
394000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1011000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1180000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
384000 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
618000 usd
us-gaap Operating Expenses
OperatingExpenses
1366000 usd
us-gaap Operating Expenses
OperatingExpenses
2703000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-292000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-472000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1069000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2018000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
23000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
5000 usd
us-gaap Interest Expense
InterestExpense
68000 usd
us-gaap Interest Expense
InterestExpense
5000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
3000 usd
CY2023Q3 MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
250000 usd
CY2022Q3 MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
-4109000 usd
MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
166000 usd
MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
-3517000 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1080000 usd
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-6318000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1324000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-6318000 usd
CY2023Q3 MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
47000 usd
CY2022Q3 MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
-178000 usd
MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
-215000 usd
MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
-757000 usd
CY2023Q3 MGTI Accretion Of Debt Discount
AccretionOfDebtDiscount
373000 usd
CY2022Q3 MGTI Accretion Of Debt Discount
AccretionOfDebtDiscount
5339000 usd
MGTI Accretion Of Debt Discount
AccretionOfDebtDiscount
715000 usd
MGTI Accretion Of Debt Discount
AccretionOfDebtDiscount
5339000 usd
CY2023Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
10000 usd
CY2022Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-48000 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
10000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
70000 usd
MGTI Lease Incentive Loss
LeaseIncentiveLoss
184000 usd
CY2022Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
52000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
52000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
993000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-15944000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
390000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-15881000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
701000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16416000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-679000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17899000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
782953512 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
782953512 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
678439035 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678439035 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
745942962 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
745942962 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
650748844 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
650748844 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
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3798000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-7332000 usd
CY2023Q2 MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability
100000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
120000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
2418000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-4694000 usd
CY2023Q3 MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability
69000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
144000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
140000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
701000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-3640000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1129000 usd
CY2022Q1 MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability
588000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1518000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
199000 usd
CY2022Q2 MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability
200000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
35000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
434000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
434000 usd
CY2022Q3 MGTI Stock Issued During Period Value Issuance Of Common Stock And Warrants
StockIssuedDuringPeriodValueIssuanceOfCommonStockAndWarrants
127000 usd
CY2022Q3 MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Additional Paid In Capital Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeAdditionalPaidInCapitalLiability
200000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-16416000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-16416000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-15655000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-15655000 usd
us-gaap Net Income Loss
NetIncomeLoss
-679000 usd
us-gaap Net Income Loss
NetIncomeLoss
-17899000 usd
us-gaap Depreciation
Depreciation
192000 usd
us-gaap Depreciation
Depreciation
147000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
70000 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
10000 usd
MGTI Gain Loss On Change In Change In Fair Value Of Warrant Derivative Liability
GainLossOnChangeInChangeInFairValueOfWarrantDerivativeLiability
166000 usd
MGTI Gain Loss On Change In Change In Fair Value Of Warrant Derivative Liability
GainLossOnChangeInChangeInFairValueOfWarrantDerivativeLiability
-3517000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1324000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-6318000 usd
MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
-215000 usd
MGTI Gain Loss On Settlement Of Derivative
GainLossOnSettlementOfDerivative
-757000 usd
MGTI Lease Incentive Loss
LeaseIncentiveLoss
184000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
715000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5339000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
28000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-145000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-113000 usd
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
-4000 usd
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
5000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-3000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
1000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
416000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
336000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-95000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-30000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
33000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
269000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-140000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-304000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1436000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
68000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-68000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
220000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1335000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
228000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
200000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
71000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
20000 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
33000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1525000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-264000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21000 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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
274000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1251000 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
140000 usd
MGTI Settlement Of Warrants With Common Stock
SettlementOfWarrantsWithCommonStock
69000 usd
MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeLiability
300000 usd
MGTI Cashless Exercise Of Warrants And Extinguishment Of Related Warrant Derivative Liability
CashlessExerciseOfWarrantsAndExtinguishmentOfRelatedWarrantDerivativeLiability
988000 usd
MGTI Discount Related To Convertible Promissory Note
DiscountRelatedToConvertiblePromissoryNote
1500000 usd
MGTI Derivative Liabilities Related To Convertible Debt And Warrants
DerivativeLiabilitiesRelatedToConvertibleDebtAndWarrants
6761000 usd
MGTI Accounts Payable Settled With Loan Payable
AccountsPayableSettledWithLoanPayable
38000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-426585000 usd
CY2023Q3 us-gaap Cash
Cash
274000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
250000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_849_eus-gaap--UseOfEstimates_zzKDZBkqspm1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 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_86A_zoLHCUJCRuKj">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-top: 0pt; margin-bottom: 0pt; margin-left: 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-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><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, stock compensation, determining the potential impairment of long-lived assets, the fair value of conversion features, fair value of warrants issued, the recognition of revenue, the valuation allowance for deferred tax assets and other legal claims and contingencies. 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-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
274000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
538000 usd
CY2023Q3 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
37000 usd
CY2022 MGTI Derivative Liability Change In Fair Value
DerivativeLiabilityChangeInFairValue
-1726000 usd
CY2022Q4 MGTI Warrant Derivative Liability
WarrantDerivativeLiability
1727000 usd
MGTI Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfer Out Upon Conversion Of Convertible Notes And Warrants
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransferOutUponConversionOfConvertibleNotesAndWarrants
-154000 usd
MGTI Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Warrant Issuance
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationWarrantIssuance
215000 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
MGTI Additions Of Digital Currencies From Mining
AdditionsOfDigitalCurrenciesFromMining
57000 usd
MGTI Realized Gain Loss On Sale Of Digital Currencies
RealizedGainLossOnSaleOfDigitalCurrencies
3000 usd
MGTI Sale Of Digital Currencies
SaleOfDigitalCurrencies
-64000 usd
CY2023Q3 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
7000 usd
MGTI Derivative Liability Change In Fair Value
DerivativeLiabilityChangeInFairValue
-381000 usd
CY2023Q3 MGTI Warrant Derivative Liability
WarrantDerivativeLiability
1407000 usd
CY2023Q3 MGTI Gain Loss On Settlement Of Derivative Liability
GainLossOnSettlementOfDerivativeLiability
47000 usd
MGTI Gain Loss On Settlement Of Derivative Liability
GainLossOnSettlementOfDerivativeLiability
215000 usd
CY2022Q3 MGTI Gain Loss On Settlement Of Derivative Liability
GainLossOnSettlementOfDerivativeLiability
178000 usd
MGTI Gain Loss On Settlement Of Derivative Liability
GainLossOnSettlementOfDerivativeLiability
757000 usd
CY2023Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
1771000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1723000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1927000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
748000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
829000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
975000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1098000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
68000 usd
us-gaap Depreciation
Depreciation
192000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
50000 usd
us-gaap Depreciation
Depreciation
147000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
70000 usd
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
CY2023Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
36000000 shares
CY2023Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
12000000 shares
CY2023Q3 MGTI Warrant Derivative Liability Fair Value Disclosure
WarrantDerivativeLiabilityFairValueDisclosure
1407000 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
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
128000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1324000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1771000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1771000 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1080000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1324000 usd
CY2022Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
0 usd
CY2023Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
1407000 usd
CY2023Q3 MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
250000 usd
MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
166000 usd
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
1727000 usd
CY2022 MGTI Gain Loss On Change In Fair Value Of Derivtive Liability
GainLossOnChangeInFairValueOfDerivtiveLiability
1726000 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
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
3223000 usd
CY2022Q4 MGTI Warrant Derivative Liability Fair Value Disclosure
WarrantDerivativeLiabilityFairValueDisclosure
1727000 usd
CY2023Q3 us-gaap Notes Payable
NotesPayable
200000 usd
CY2023Q3 us-gaap Loans Payable Current
LoansPayableCurrent
20000 usd
MGTI Loss On Early Termination Of Land Lease
LossOnEarlyTerminationOfLandLease
8000 usd
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
9000 usd
us-gaap Payments For Rent
PaymentsForRent
29000 usd
CY2022Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
22800000 shares
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
7600000 shares
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
228000 usd
CY2023Q3 MGTI Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
11400000 shares
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
46000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
626329010 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
682563502 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
603529010 shares
CY2023Q3 MGTI Additional Warrants Issued
AdditionalWarrantsIssued
77668194 shares
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
920000000 usd
MGTI Equity Fair Measurement Value On Share
EquityFairMeasurementValueOnShare
184000000000 shares
CY2023Q3 MGTI Equity Fair Measurement Value On Grant Date Per Share
EquityFairMeasurementValueOnGrantDatePerShare
0.006
us-gaap Equity Fair Value Adjustment
EquityFairValueAdjustment
1104000000 usd
MGTI Lease Incentive Loss
LeaseIncentiveLoss
184000 usd
MGTI Lease Incentive Loss
LeaseIncentiveLoss
184000 usd

Files In Submission

Name View Source Status
0001493152-23-044665-index-headers.html Edgar Link pending
0001493152-23-044665-index.html Edgar Link pending
0001493152-23-044665.txt Edgar Link pending
0001493152-23-044665-xbrl.zip Edgar Link pending
ex31.htm Edgar Link pending
mgti-20230930_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
mgti-20230930.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
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
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
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
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.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
mgti-20230930_def.xml Edgar Link unprocessable
mgti-20230930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
Show.js Edgar Link pending
mgti-20230930_cal.xml Edgar Link unprocessable