2023 Q1 Form 10-K Financial Statement
#000121390023022430 Filed on March 23, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $7.671M | $16.85M | $84.39M |
YoY Change | -60.51% | -14.26% | 92.39% |
Cost Of Revenue | $4.678M | $6.760M | $47.71M |
YoY Change | -44.39% | 83.39% | 381.76% |
Gross Profit | $2.993M | $10.09M | $36.67M |
YoY Change | -72.82% | -36.8% | 7.99% |
Gross Profit Margin | 39.01% | 59.89% | 43.46% |
Selling, General & Admin | $4.977M | $5.856M | $25.85M |
YoY Change | -27.52% | 7.69% | -32.95% |
% of Gross Profit | 166.32% | 58.02% | 70.49% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $7.963M | $17.14M | $63.20M |
YoY Change | -42.32% | 179.31% | 347.79% |
% of Gross Profit | 266.07% | 169.82% | 172.35% |
Operating Expenses | $14.69M | $22.99M | $92.06M |
YoY Change | -28.94% | 98.68% | 74.81% |
Operating Profit | -$11.70M | -$12.90M | -$44.09M |
YoY Change | 21.1% | -393.54% | 135.69% |
Interest Expense | $835.1K | -$15.05M | $6.064M |
YoY Change | -143.14% | 849.54% | -305.9% |
% of Operating Profit | |||
Other Income/Expense, Net | $864.0K | $469.6K | $2.402M |
YoY Change | 3433.64% | 17.41% | 166.06% |
Pretax Income | -$10.83M | -$18.81M | -$54.04M |
YoY Change | -6.37% | -786.5% | 19.59% |
Income Tax | $548.1K | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$11.10M | -$18.45M | -$52.76M |
YoY Change | -2.06% | -902.14% | 17.34% |
Net Earnings / Revenue | -144.73% | -109.46% | -62.53% |
Basic Earnings Per Share | -$0.80 | -$4.16 | |
Diluted Earnings Per Share | -$0.80 | -$1.36 | -$0.61 |
COMMON SHARES | |||
Basic Shares Outstanding | 14.13M shares | 81.57M shares | 12.70M shares |
Diluted Shares Outstanding | 13.95M shares | 12.70M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.387M | $4.190M | $946.3K |
YoY Change | -76.1% | -23.36% | -82.69% |
Cash & Equivalents | $1.387M | $946.3K | $946.3K |
Short-Term Investments | $3.244M | ||
Other Short-Term Assets | $7.406M | $8.935M | $8.935M |
YoY Change | 275.93% | 2295.74% | 2295.74% |
Inventory | |||
Prepaid Expenses | $1.931M | $3.489M | |
Receivables | $7.950M | $10.46M | $10.46M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $16.74M | $20.34M | $20.34M |
YoY Change | 30.61% | 77.68% | 77.68% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $84.56M | $91.02M | $93.84M |
YoY Change | -43.24% | 18.3% | -29.06% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $12.63M | $16.63M | $16.63M |
YoY Change | 3650.18% | 4988.53% | 4988.53% |
Other Assets | $224.1K | $2.524M | $2.524M |
YoY Change | -94.16% | 102.53% | |
Total Long-Term Assets | $99.99M | $113.0M | $113.0M |
YoY Change | -34.71% | -15.58% | -15.58% |
TOTAL ASSETS | |||
Total Short-Term Assets | $16.74M | $20.34M | $20.34M |
Total Long-Term Assets | $99.99M | $113.0M | $113.0M |
Total Assets | $116.7M | $133.3M | $133.3M |
YoY Change | -29.67% | -8.24% | -8.24% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $24.18M | $10.57M | $10.57M |
YoY Change | 72.76% | 36.47% | 121.23% |
Accrued Expenses | $1.398M | $166.7K | $1.300M |
YoY Change | -0.88% | -86.37% | -65.49% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $22.94M | $23.61M | $23.61M |
YoY Change | 43.07% | 112.8% | 112.8% |
Long-Term Debt Due | $31.28K | $30.70K | $30.70K |
YoY Change | 8.01% | 278.55% | 278.55% |
Total Short-Term Liabilities | $48.55M | $35.51M | $35.51M |
YoY Change | 54.27% | 76.92% | 76.92% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $75.19K | $4510B | $4.593M |
YoY Change | -99.72% | 58736550.45% | -40.18% |
Other Long-Term Liabilities | $1.371M | $17.06M | $17.06M |
YoY Change | -61.06% | 475.69% | 475.69% |
Total Long-Term Liabilities | $1.446M | $4510B | $21.65M |
YoY Change | -95.27% | 42382417.32% | 103.46% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $48.55M | $35.51M | $35.51M |
Total Long-Term Liabilities | $1.446M | $4510B | $21.65M |
Total Liabilities | $50.00M | $57.16M | $56.26M |
YoY Change | -18.89% | 86.11% | 84.15% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$133.4M | -$122.3M | |
YoY Change | 71.9% | ||
Common Stock | $14.13K | $13.63K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $67.88M | $77.07M | $77.07M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $116.7M | $133.3M | $133.3M |
YoY Change | -29.67% | -8.24% | -8.24% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.10M | -$18.45M | -$52.76M |
YoY Change | -2.06% | -902.14% | 17.34% |
Depreciation, Depletion And Amortization | $7.963M | $17.14M | $63.20M |
YoY Change | -42.32% | 179.31% | 347.79% |
Cash From Operating Activities | $1.317M | -$10.88M | $14.26M |
YoY Change | -77.55% | -174.47% | -37.89% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.149M | $12.86M | $49.98M |
YoY Change | -110.62% | -120.07% | -138.99% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $7.218M | $35.79M | $49.49M |
YoY Change | -1987.35% | -67280.64% | |
Cash From Investing Activities | $4.069M | $22.93M | -$32.54M |
YoY Change | -113.72% | -134.74% | -74.63% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $5.398M | $28.00M | |
YoY Change | |||
Cash From Financing Activities | -$4.936M | -12.25M | $13.99M |
YoY Change | -121.02% | -151.43% | -87.27% |
NET CHANGE | |||
Cash From Operating Activities | $1.317M | -10.88M | $14.26M |
Cash From Investing Activities | $4.069M | 22.93M | -$32.54M |
Cash From Financing Activities | -$4.936M | -12.25M | $13.99M |
Net Change In Cash | $441.1K | -212.6K | -$4.521M |
YoY Change | -242.04% | -99.23% | -199.13% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.317M | -$10.88M | $14.26M |
Capital Expenditures | $3.149M | $12.86M | $49.98M |
Free Cash Flow | -$1.832M | -$23.75M | -$35.72M |
YoY Change | -105.16% | -130.17% | -123.64% |
Facts In Submission
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LossOnWriteOffPropertyPlantAndEquipment
|
-1560541 | usd |
CY2021 | migi |
Loss On Write Off Property Plant And Equipment
LossOnWriteOffPropertyPlantAndEquipment
|
-470975 | usd |
CY2022 | migi |
Loss On Reclassification To Assets Held For Sale
LossOnReclassificationToAssetsHeldForSale
|
8276440 | usd |
CY2022 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-1694388 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3375230 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-54035559 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-45183947 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
277717 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-54035559 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-45461664 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1273251 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-497944 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-52762308 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-44963720 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.16 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.79 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12695654 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9383971 | shares |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-54035559 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-45461664 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
5542561 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
820732 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-48492998 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-44640932 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1275297 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-497944 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-47217701 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-44142988 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
114580589 | usd |
CY2022 | migi |
Issuance Of Common Stock Net Of Offer Costs Pipe Transaction
IssuanceOfCommonStockNetOfOfferCostsPIPETransaction
|
543483 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
1668333 | usd |
CY2022 | migi |
Issuance And Exercising Of Rs Us And Stock Options
IssuanceAndExercisingOfRSUsAndStockOptions
|
746972 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5877513 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-54035559 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
5540515 | usd |
CY2022 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
1244274 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
76166120 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7564879 | usd |
CY2021 | migi |
Late Acceptance Of Exchange Of Common Stock Of Cosmos Capital Limited For Common Stock Of
LateAcceptanceOfExchangeOfCommonStockOfCosmosCapitalLimitedForCommonStockOf
|
-4924659 | usd |
CY2021 | migi |
Stock Issued During Period Value Issuance Of Common Stock Net Of Offer Costs Pipe Transaction
StockIssuedDuringPeriodValueIssuanceOfCommonStockNetOfOfferCostsPIPETransaction
|
3000000 | usd |
CY2021 | migi |
Issuance Of Mandatorily Convertible Notes By Cosmos Capital
IssuanceOfMandatorilyConvertibleNotesByCosmosCapital
|
20301427 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
9245546 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
74921300 | usd |
CY2021 | migi |
Fair Value Of Iprd Acquired Net Of Business Combination Transaction Costs
FairValueOfIPRDAcquiredNetOfBusinessCombinationTransactionCosts
|
24765831 | usd |
CY2021 | migi |
Fair Value Adjustment Of Lo2 A Intellectual Property Revenue Sharing Obligation
FairValueAdjustmentOfLO2AIntellectualPropertyRevenueSharingObligation
|
5440863 | usd |
CY2021 | migi |
Issuance Of Common Stock Net Of Offer Costs Pipe Transaction
IssuanceOfCommonStockNetOfOfferCostsPIPETransaction
|
6144295 | usd |
CY2021 | migi |
Stock Issued During Period Value Issuance Of Common Stock Settlement Of Convertible Note Interest
StockIssuedDuringPeriodValueIssuanceOfCommonStockSettlementOfConvertibleNoteInterest
|
860371 | usd |
CY2021 | migi |
Issuance And Exercising Of Rs Us And Stock Options
IssuanceAndExercisingOfRSUsAndStockOptions
|
11222803 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
63627 | usd |
CY2021 | migi |
Exercise Of Warrants For Mawson Infrastructure Group Inc Common Stock
ExerciseOfWarrantsForMawsonInfrastructureGroupIncCommonStock
|
124027 | usd |
CY2021 | migi |
Stock Issued During Period Value Issuance Of Stock By Subsidairy To Noncontroling Interest
StockIssuedDuringPeriodValueIssuanceOfStockBySubsidairyToNoncontrolingInterest
|
917684 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
392479 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-33994 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-45461664 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
820732 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
114580589 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-54035559 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-45461664 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
63200178 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14113730 | usd |
CY2021 | migi |
Lo2 A Write Offs
LO2AWriteOffs
|
23963050 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1619627 | usd |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
491782 | usd |
CY2022 | migi |
Unrealized Loss On Marketable Securities
UnrealizedLossOnMarketableSecurities
|
-1694471 | usd |
CY2022 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-11299971 | usd |
CY2022 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
1448187 | usd |
CY2022 | migi |
Impairment On Equity Accounted Associate Investment
ImpairmentOnEquityAccountedAssociateInvestment
|
2060779 | usd |
CY2022 | migi |
Proceeds Received In The Form Of Shares
ProceedsReceivedInTheFormOfShares
|
7033825 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1560541 | usd |
CY2022 | migi |
Noncontrolling Interest
NoncontrollingInterest
|
1244274 | usd |
CY2022 | migi |
Increase Decrease Investment Income
IncreaseDecreaseInvestmentIncome
|
1284398 | usd |
CY2021 | migi |
Increase Decrease Investment Income
IncreaseDecreaseInvestmentIncome
|
368426 | usd |
CY2021 | migi |
Interest On Convertible Notes Satisfied By Issue Of Notes
InterestOnConvertibleNotesSatisfiedByIssueOfNotes
|
860399 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-30502 | usd |
CY2022 | migi |
Gain Loss Foreign Exchange
GainLossForeignExchange
|
-1547 | usd |
CY2021 | migi |
Gain Loss Foreign Exchange
GainLossForeignExchange
|
-1026770 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-4807 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-72623 | usd |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3012480 | usd |
CY2021 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
22491100 | usd |
CY2022 | migi |
Gain On Disposal Of Fixed Assets
GainOnDisposalOfFixedAssets
|
3526226 | usd |
CY2021 | migi |
Gain On Disposal Of Fixed Assets
GainOnDisposalOfFixedAssets
|
283434 | usd |
CY2021 | migi |
Acquisition Of Wize Pharma Inc
AcquisitionOfWizePharmaInc
|
5436541 | usd |
CY2021 | migi |
Gain Loss Noncontrolling Interest
GainLossNoncontrollingInterest
|
150766 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
605480 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
4991635 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
4863945 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
847872 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
21355883 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
5864742 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
14256294 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
22953792 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
49978074 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
76804866 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-165316 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
27170531 | usd |
CY2021 | migi |
Purchase Of Investment Shares
PurchaseOfInvestmentShares
|
767850 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
22156131 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
694181 | usd |
CY2022 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
32054326 | usd |
CY2021 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
51369216 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-32540422 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-128247751 | usd |
CY2022 | migi |
Proceeds From Issuance Of Shares And Warrants
ProceedsFromIssuanceOfSharesAndWarrants
|
6698221 | usd |
CY2021 | migi |
Proceeds From Issuance Of Shares And Warrants
ProceedsFromIssuanceOfSharesAndWarrants
|
85102014 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
3600000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2021 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
20301427 | usd |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
793172 | usd |
CY2021 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
6122429 | usd |
CY2022 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
34256475 | usd |
CY2021 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
14269454 | usd |
CY2022 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1776144 | usd |
CY2021 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
230962 | usd |
CY2022 | migi |
Payments Of Borrowings
PaymentsOfBorrowings
|
27998884 | usd |
CY2021 | migi |
Payments Of Borrowings
PaymentsOfBorrowings
|
3465044 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13986496 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
109854460 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-223376 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-206039 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4521008 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4354462 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5467273 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1112811 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
946265 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5467273 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5877091 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
653506 | usd |
CY2022 | migi |
Sale Of Site In Exchange For Shares
SaleOfSiteInExchangeForShares
|
7048144 | usd |
CY2022 | migi |
Sale Of Property And Equipment In Exchange For Shares
SaleOfPropertyAndEquipmentInExchangeForShares
|
3642113 | usd |
CY2022 | us-gaap |
Change In Reporting Entity Other Comprehensive Income Loss After Tax
ChangeInReportingEntityOtherComprehensiveIncomeLossAfterTax
|
49080000.00 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
18870000 | usd |
CY2022Q4 | us-gaap |
Assets Net
AssetsNet
|
81120000 | usd |
CY2022Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
117310000 | usd |
CY2022Q4 | us-gaap |
Cash Available For Distributions
CashAvailableForDistributions
|
950000 | usd |
CY2022Q3 | migi |
Purchase And Sale Agreement Description
PurchaseAndSaleAgreementDescription
|
the Company entered into a (i) Purchase and Sale Agreement (“Purchase Agreement”) with CleanSpark, Inc. (“CleanSpark”), and (ii) an Equipment Purchase and Sale Agreement. Pursuant of the Purchase Agreement, CleanSpark assumed from the Company a lease for approximately 16.35 acres of real property located in Sandersville, Washington County, Georgia, and all personal property situated on the property. This transaction closed on October 8, 2022, and CleanSpark paid the following consideration to the Company pursuant to the Purchase Agreement: (i) $13.50 million in cash; (ii) 1,590,175 shares of common stock, par value $0.001 per share, of CleanSpark (valued at $4.8 million on October 7, 2022), and (iii) $6.5 million in seller financing in the form of promissory notes. Pursuant to the Equipment Purchase and Sale Agreement, CleanSpark’s subsidiary purchased from the Company, application-specific integrated circuit miners for $9.48 million in cash (which was later reduced to $9.02 million by amendment). This transaction initially closed on October 8, 2022, and was amended on October 21, 2022. | |
CY2022Q4 | dei |
Entity Public Float
EntityPublicFloat
|
75000000 | usd |
CY2020Q4 | migi |
Digital Currencies Balance
DigitalCurrenciesBalance
|
0.52 | |
CY2022 | migi |
Additions Of Digital Currencies1
AdditionsOfDigitalCurrencies1
|
1342.59 | |
CY2021 | migi |
Additions Of Digital Currencies1
AdditionsOfDigitalCurrencies1
|
808.88 | |
CY2022 | migi |
Sale Of Digital Currencies1
SaleOfDigitalCurrencies1
|
-1343.51 | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"> <tr style="vertical-align: top"> <td style="width: 72px"> </td> <td style="width: 24px"><span style="font-size: 10pt">a.</span></td> <td><span style="font-size: 10pt">Use of estimates in preparation of Financial Statements:</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: -1cm"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-align: justify">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company evaluates on an ongoing basis its assumptions. The Company’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: -1cm"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify">These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of income and expenses during the reporting periods. Actual results could differ from those estimates. The Company has considered the following to be significant estimates made by management, including but not limited to, going concern assumptions, estimating the useful lives of fixed assets, realization of long-lived assets, unrealized tax positions and the realization of digital currencies, valuing the derivative asset classified under Level 3 fair value hierarchy, business combinations, reverse asset acquisition, and the contingent obligation with respect to future revenues.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: -1cm"> </p> | |
CY2022 | migi |
Reverse Stock Split Description
ReverseStockSplitDescription
|
Pursuant to that certain Certificate of Amendment to the Certificate of Incorporation of the Company dated February 6, 2023, Mawson executed at a ratio of 1-6 reverse stock split of its outstanding common stock and reduced its authorized common stock to 90,000,000 shares, as set forth in the Company’s Current Report on Form 8-K filed February 9, 2023. | |
CY2021 | migi |
Sale Of Digital Currencies1
SaleOfDigitalCurrencies1
|
-808.48 | |
CY2022Q4 | migi |
Digital Currencies Balance
DigitalCurrenciesBalance
|
0 | |
CY2021Q4 | migi |
Digital Currencies Balance
DigitalCurrenciesBalance
|
0.92 | |
CY2021Q4 | migi |
Digital Currencies Balance
DigitalCurrenciesBalance
|
0.92 | |
CY2022 | migi |
Reverse Asset Acquisition Description
ReverseAssetAcquisitionDescription
|
Under the terms of the Cosmos Transaction Bid Implementation Agreement, the Company was required to make share-based payments consisting of up to 40,000,000 shares (pre 1-10 reverse stock split which occurred on August 11, 2021 and 1-6 reverse stock split which occurred February 6, 2023) under an Incentive Compensation Program and warrants issued to HC Wainwright as a fee related to the acquisition of common stock by Mawson of Mawson AU. | |
CY2022Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
11299971 | usd |
CY2022Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
3243957 | usd |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
326801 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
4.16 | |
CY2021 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
4.79 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"> <tr style="vertical-align: top"> <td style="width: 72px; text-align: justify"> </td> <td style="width: 24px; text-align: justify"><span style="font-size: 10pt">q.</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Concentrations of credit risk:</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-align: justify; text-indent: -1cm"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents and marketable securities. Cash and cash equivalents and restricted bank deposits are invested in banks in Australia and the U.S. If the counterparty completely failed to perform in accordance with the terms of the contract, the maximum amount of loss to the Company would be the balance. Management believes that the financial institutions that hold the Company’s investments are financially sound and, accordingly, minimal credit risk exists with respect to these investments. The Company has no off-balance-sheet concentration of credit risk such as foreign exchange contracts, option contracts or other foreign hedging arrangements. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-align: justify"> </p> | |
CY2022 | us-gaap |
Increase Decrease In Other Regulatory Assets
IncreaseDecreaseInOtherRegulatoryAssets
|
3130638 | usd |
CY2022 | migi |
Increasedecrease Depriciation Charge
IncreasedecreaseDepriciationCharge
|
84735 | usd |
CY2022 | migi |
Treasury Bond Term
TreasuryBondTerm
|
P10Y | |
CY2022 | migi |
Denominator
Denominator
|
-52762308 | usd |
CY2021 | migi |
Denominator
Denominator
|
-44963720 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
CY2022 | migi |
Warrants To Purchase Common Stock
WarrantsToPurchaseCommonStock
|
2825278 | shares |
CY2021 | migi |
Warrants To Purchase Common Stock
WarrantsToPurchaseCommonStock
|
626278 | shares |
CY2022 | migi |
Options To Purchase Common Stock
OptionsToPurchaseCommonStock
|
4910 | shares |
CY2021 | migi |
Options To Purchase Common Stock
OptionsToPurchaseCommonStock
|
125577 | shares |
CY2022 | migi |
Restricted Stock Units Rs Us Issued Under A Management Equity Plan
RestrictedStockUnitsRSUsIssuedUnderAManagementEquityPlan
|
420914 | shares |
CY2021 | migi |
Restricted Stock Units Rs Us Issued Under A Management Equity Plan
RestrictedStockUnitsRSUsIssuedUnderAManagementEquityPlan
|
377381 | shares |
CY2022 | migi |
Total Of Diluted Loss Per Share
TotalOfDilutedLossPerShare
|
3251102 | shares |
CY2021 | migi |
Total Of Diluted Loss Per Share
TotalOfDilutedLossPerShare
|
1139236 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12695654 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9383971 | shares |
CY2021Q3 | us-gaap |
Excess Stock Shares Authorized
ExcessStockSharesAuthorized
|
120000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
CY2022Q4 | migi |
Intellectual Property And Equipment
IntellectualPropertyAndEquipment
|
4159452 | usd |
CY2022Q4 | us-gaap |
Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
|
4159452 | usd |
CY2022 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
2060779 | usd |
CY2022Q4 | migi |
Consideration Total
ConsiderationTotal
|
2098673 | usd |
CY2022Q4 | us-gaap |
Other Restricted Assets Noncurrent
OtherRestrictedAssetsNoncurrent
|
170771 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
1453529 | usd |
CY2022Q4 | migi |
Intellectual Property
IntellectualProperty
|
505417 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
|
31044 | usd |
CY2022Q4 | migi |
Purchase Price Allocation Total
PurchasePriceAllocationTotal
|
2098673 | usd |
CY2022Q4 | migi |
Trade Receivables
TradeReceivables
|
10458076 | usd |
CY2021Q4 | migi |
Trade Receivables
TradeReceivables
|
5606780 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
149796148 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
95150522 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
54489966 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
18213672 | usd |
CY2022Q4 | migi |
Reclassification To Assets Held For Sales
ReclassificationToAssetsHeldForSales
|
4289684 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
91016498 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
76936850 | usd |
CY2022 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
63200178 | usd |
CY2022 | migi |
Depreciation Charge
DepreciationCharge
|
5290000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
63200000 | usd |
CY2022 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1
|
3.74 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Interest In Projects
GainLossOnSaleOfInterestInProjects
|
4.16 | usd |
CY2022 | us-gaap |
Depletion
Depletion
|
5.45 | usd |
CY2022 | migi |
Writeoff Of Miners Amount
WriteoffOfMinersAmount
|
1560000 | usd |
CY2022 | us-gaap |
Equipment Expense
EquipmentExpense
|
32050000.00 | usd |
CY2022 | migi |
Refundable Security Deposits
RefundableSecurityDeposits
|
2524065 | usd |
CY2021 | migi |
Refundable Security Deposits
RefundableSecurityDeposits
|
1246236 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Owned Net
PropertyPlantAndEquipmentOwnedNet
|
4289684 | usd |
CY2022Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
1010716 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
145659 | usd |
CY2022Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
5446059 | usd |
CY2022Q4 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
16.35 | acre |
CY2022Q3 | us-gaap |
Area Of Land
AreaOfLand
|
1076 | sqft |
CY2022Q3 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
6 | acre |
CY2022Q1 | us-gaap |
Lessor Operating Lease Option To Extend
LessorOperatingLeaseOptionToExtend
|
The term of the lease is for 5 years, with 2 options to extend for 5 years each. | |
CY2022Q2 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
11 | acre |
CY2022 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
28662 | usd |
CY2021 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
792 | usd |
CY2022 | migi |
Interest On Lease Obligations1
InterestOnLeaseObligations1
|
8507 | usd |
CY2021 | migi |
Interest On Lease Obligations1
InterestOnLeaseObligations1
|
317 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
|
18152399 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
|
4778784 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
2164178 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
1790921 | usd |
CY2022Q4 | us-gaap |
Deferred Income
DeferredIncome
|
2000000 | usd |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
1881897 | usd |
CY2021Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
754376 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
1702032 | usd |
CY2021Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
422907 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
25900506 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
7746988 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
28120477000000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
23610583000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4509894000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
28089975 | usd |
CY2022Q4 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
30502 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
28120477 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Fee Amount
DebtInstrumentFeeAmount
|
7110000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.12 | pure |
CY2022 | us-gaap |
Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
|
10210000 | usd |
CY2022Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
5700000 | usd |
CY2022 | us-gaap |
Debt Instrument Description
DebtInstrumentDescription
|
Mawson Infrastructure Group Pty Ltd entered into a Secured Loan Facility Agreement with W Capital Advisors Pty Ltd with a total loan facility of AUD$3 million (USD$1.9 million). This was amended on September 29, 2022 and the loan facility was increased to AUD$8 million (USD$5.2 million). As at December 31, 2022, AUD$4.96 million (USD$3.37 million) has been drawn down from this facility, all of which is classified as a current liability. | |
CY2022Q4 | us-gaap |
Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
|
0.12 | pure |
CY2022Q3 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
3600000 | usd |
CY2022Q4 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
3100000 | usd |
CY2022Q3 | migi |
Significant Transactions Description
SignificantTransactionsDescription
|
the Company entered into a (i) Purchase and Sale Agreement with CleanSpark, and (ii) an Equipment Purchase and Sale Agreement. Pursuant of the Purchase Agreement, CleanSpark assumed from the Company a lease for approximately 16.35 acres of real property located in Sandersville, Washington County, Georgia, and all personal property situated on the Property. This transaction closed on October 8, 2022, and CleanSpark paid the following consideration to the Company pursuant to the Purchase Agreement: (i) $13.50 million in cash; (ii) 1,590,175 shares of common stock, par value $0.001 per share of CleanSpark (valued at $4.8 million on October 7, 2022), and (iii) $6.5 million in Seller financing in the form of promissory notes. Pursuant to the Equipment Purchase Agreement, CleanSpark purchased from the Company, application-specific integrated circuit miners, this transaction closed on October 8, 2022, for $9.48 million in cash (which was later reduced to $9.02 million upon reduction in the number of miners). There is also additional potential consideration payable pursuant to the Purchase and Sale Agreement of; (i) up to 1,100,890 shares of CleanSpark Common Stock dependent the number of modular data centers on the Property occupied by the Company being emptied and made available for use by CleanSpark. We achieved this additional consideration on December 30, 2022 and received the shares on January 13, 2023, and (ii) $2 million in cash if CleanSpark is able to utilize at least an additional 150 MW of power on the property by the six month anniversary of the Closing Date, this was not achieved by the end of December 31, 2022. | |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
22517954 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
6500000 | usd |
CY2022Q4 | us-gaap |
Common Stock Discount On Shares
CommonStockDiscountOnShares
|
4802329 | usd |
CY2022Q4 | us-gaap |
Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
|
33820283 | usd |
CY2022Q4 | migi |
Earnout Shares Of Clsk Common Stock
EarnoutSharesOfCLSKCommonStock
|
2245815 | usd |
CY2022Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
|
2245815 | usd |
CY2022Q4 | us-gaap |
Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
|
36066098 | usd |
CY2022Q4 | migi |
Processing Machines Miners Cost
ProcessingMachinesMinersCost
|
9051369 | usd |
CY2022Q4 | migi |
Impairment On Miners
ImpairmentOnMiners
|
5447199 | usd |
CY2022Q4 | migi |
Modular Data Center Cost
ModularDataCenterCost
|
7669285 | usd |
CY2022Q4 | migi |
Transformers Cost
TransformersCost
|
2591275 | usd |
CY2022Q4 | migi |
Plant And Equipment
PlantAndEquipment
|
2695144 | usd |
CY2022Q4 | us-gaap |
Other General Expense
OtherGeneralExpense
|
335386 | usd |
CY2022Q4 | migi |
Total Costs Associated With Sale Of Assets
TotalCostsAssociatedWithSaleOfAssets
|
27789658 | usd |
CY2022Q4 | migi |
Profit On Sale Of Site
ProfitOnSaleOfSite
|
8276440 | usd |
CY2022Q4 | migi |
Ownership Percentage
OwnershipPercentage
|
0.349 | pure |
CY2022 | us-gaap |
Impairment Of Ongoing Project
ImpairmentOfOngoingProject
|
2.1 | usd |
CY2022Q3 | us-gaap |
Loans Assumed1
LoansAssumed1
|
3000000 | aud |
CY2022Q3 | us-gaap |
Loans Assumed1
LoansAssumed1
|
1900000 | usd |
CY2022Q3 | us-gaap |
Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
|
8000000 | aud |
CY2022Q3 | us-gaap |
Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
|
5200000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
|
4960000 | aud |
CY2022 | us-gaap |
Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
|
3370000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.12 | pure |
CY2022 | migi |
Mature Term
MatureTerm
|
March 2023 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-52300000 | usd |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
-277717 | usd |
CY2021 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
-277717 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-10988857 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-1069093 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0204 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
-1435961 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
0.0274 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
13703637 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.262 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
-209726 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.004 | pure |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
15762452 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
6244902 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
782080 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
911463 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
166650 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
88833 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
2473377 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
714428 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
5874815 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
4710358 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
2548266 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
425302 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
186432 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
32853 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
27794072 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
13128139 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
770635 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
934086 | usd |
CY2022 | migi |
Depreciationsother
Depreciationsother
|
1112435 | usd |
CY2021 | migi |
Depreciationsother
Depreciationsother
|
-13311 | usd |
CY2022Q4 | migi |
Deferred Tax Liabilities Total
DeferredTaxLiabilitiesTotal
|
1883071 | usd |
CY2021Q4 | migi |
Deferred Tax Liabilities Total
DeferredTaxLiabilitiesTotal
|
920775 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
25911002 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12207364 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
13700000 | usd |
CY2022 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
45600000 | usd |
CY2022 | us-gaap |
Development Costs
DevelopmentCosts
|
300000 | usd |
CY2022 | migi |
Purchasesandsaleagreementdescription
Purchasesandsaleagreementdescription
|
On February 7, 2023, the Company entered into a share purchase agreement with N. Danenberg Holding (2000) Ltd to sell the Company’s shares or interests in Wize NC Inc, Occuwize Ltd and Wize Pharma Ltd (“Wize Entities”) effective December 31, 2022 in consideration for $10,000. | |
CY2022Q2 | us-gaap |
Shares Issued
SharesIssued
|
1666 | shares |
CY2022 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
408854 | shares |
CY2022 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1310 | shares |
CY2022Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
88168 | shares |
CY2022 | migi |
Stock Split Description
StockSplitDescription
|
Pursuant to that certain Certificate of Amendment to the Certificate of Incorporation of the Company dated February 6, 2023 Mawson executed at a ratio of 1-6 reverse stock split of its outstanding common stock and reduced its authorized common stock to 90,000,000 shares, as set forth in the Company’s Current Report on Form 8-K filed February 9, 2023. | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
587365 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
|
2450580 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.17 | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P3Y6M14D | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
212667 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
2825278 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.17 | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P3Y6M14D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2825278 | shares |
CY2022Q1 | us-gaap |
Warrants And Rights Outstanding Maturity Date
WarrantsAndRightsOutstandingMaturityDate
|
2023-08-23 | |
CY2022Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
641667 | shares |
CY2022Q1 | us-gaap |
Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
|
6.5 | |
CY2022Q1 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
20000000 | usd |
CY2022Q3 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
1333333 | shares |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1666667 | shares |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.01 | |
CY2022Q3 | migi |
Warrants To Purchase Shares
WarrantsToPurchaseShares
|
93333 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
212667 | shares |
CY2022Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P5Y | |
CY2022Q1 | migi |
Lease Extend Term
LeaseExtendTerm
|
P5Y | |
CY2022Q1 | migi |
Rent Expenses Percentage
RentExpensesPercentage
|
0.04 | pure |
CY2022Q1 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
240000 | usd |
CY2022 | us-gaap |
Cost Maintenance
CostMaintenance
|
239977 | usd |
CY2021 | us-gaap |
Cost Maintenance
CostMaintenance
|
81598 | usd |
CY2021Q4 | migi |
Assets Held For Sales
AssetsHeldForSales
|
usd | |
CY2022Q4 | migi |
Cryptocurrencies
Cryptocurrencies
|
usd | |
CY2021Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
usd | |
CY2022Q4 | migi |
Equipment Deposits
EquipmentDeposits
|
usd | |
CY2021Q4 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
usd | |
CY2021Q4 | us-gaap |
Other Loans Payable Long Term
OtherLoansPayableLongTerm
|
usd | |
CY2022 | us-gaap |
Sublease Income
SubleaseIncome
|
usd | |
CY2021 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
usd | |
CY2021 | migi |
Loss On Reclassification To Assets Held For Sale
LossOnReclassificationToAssetsHeldForSale
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.61 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.80 | |
CY2022 | migi |
Lo2 A Write Offs
LO2AWriteOffs
|
usd | |
CY2021 | migi |
Unrealized Loss On Marketable Securities
UnrealizedLossOnMarketableSecurities
|
usd | |
CY2021 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
usd | |
CY2021 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
usd | |
CY2021 | migi |
Impairment On Equity Accounted Associate Investment
ImpairmentOnEquityAccountedAssociateInvestment
|
usd | |
CY2021 | migi |
Proceeds Received In The Form Of Shares
ProceedsReceivedInTheFormOfShares
|
usd | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2021 | migi |
Noncontrolling Interest
NoncontrollingInterest
|
usd | |
CY2022 | migi |
Interest On Convertible Notes Satisfied By Issue Of Notes
InterestOnConvertibleNotesSatisfiedByIssueOfNotes
|
usd | |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
usd | |
CY2022 | migi |
Acquisition Of Wize Pharma Inc
AcquisitionOfWizePharmaInc
|
usd | |
CY2022 | migi |
Gain Loss Noncontrolling Interest
GainLossNoncontrollingInterest
|
usd | |
CY2021 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
usd | |
CY2021 | us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
usd | |
CY2022 | migi |
Purchase Of Investment Shares
PurchaseOfInvestmentShares
|
usd | |
CY2022 | migi |
Advances Made To External Companies
AdvancesMadeToExternalCompanies
|
usd | |
CY2021 | migi |
Advances Made To External Companies
AdvancesMadeToExternalCompanies
|
usd | |
CY2021 | migi |
Sale Of Site In Exchange For Shares
SaleOfSiteInExchangeForShares
|
usd | |
CY2021 | migi |
Sale Of Property And Equipment In Exchange For Shares
SaleOfPropertyAndEquipmentInExchangeForShares
|
usd | |
CY2021Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
usd | |
CY2021Q4 | migi |
Reclassification To Assets Held For Sales
ReclassificationToAssetsHeldForSales
|
usd | |
CY2021 | migi |
Impairment Charges
ImpairmentCharges
|
usd | |
CY2021Q4 | us-gaap |
Deferred Income
DeferredIncome
|
usd | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001218683 |