2023 Q4 Form 10-Q Financial Statement

#000121390023086134 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $14.02M $11.33M
YoY Change -16.82% -60.0%
Cost Of Revenue $9.135M $7.716M
YoY Change 35.13% -57.57%
Gross Profit $4.882M $3.617M
YoY Change -51.62% -64.35%
Gross Profit Margin 34.83% 31.91%
Selling, General & Admin $9.638M $3.655M
YoY Change 64.6% -26.91%
% of Gross Profit 197.41% 101.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.451M $11.88M
YoY Change -44.86% -26.82%
% of Gross Profit 193.57% 328.48%
Operating Expenses $19.09M $19.84M
YoY Change -16.98% -10.05%
Operating Profit -$14.21M -$16.22M
YoY Change 10.13% 96.91%
Interest Expense -$1.906M $515.0K
YoY Change -87.33% -66.97%
% of Operating Profit
Other Income/Expense, Net $101.9K -$3.111M
YoY Change -78.31% -5300.96%
Pretax Income -$6.540M -$19.33M
YoY Change -65.23% -9.04%
Income Tax $3.644M
% Of Pretax Income
Net Earnings -$12.93M -$19.05M
YoY Change -29.92% -8.7%
Net Earnings / Revenue -92.23% -168.08%
Basic Earnings Per Share -$1.15
Diluted Earnings Per Share -$0.78 -$1.15
COMMON SHARES
Basic Shares Outstanding 16.64M shares 16.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.476M $1.500M
YoY Change 6.83% -48.07%
Cash & Equivalents $4.476M $1.497M
Short-Term Investments
Other Short-Term Assets $3.557M $1.500M
YoY Change -60.19% -93.84%
Inventory
Prepaid Expenses $3.557M $1.547M
Receivables $12.11M $10.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $20.14M $13.65M
YoY Change -0.99% -63.43%
LONG-TERM ASSETS
Property, Plant & Equipment $60.05M $66.31M
YoY Change -34.03% -41.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $106.8K $100.0K
YoY Change -99.36% -99.57%
Other Assets $4.473M $5.100M
YoY Change 77.22% 25.08%
Total Long-Term Assets $64.63M $74.18M
YoY Change -42.8% -48.22%
TOTAL ASSETS
Total Short-Term Assets $20.14M $13.65M
Total Long-Term Assets $64.63M $74.18M
Total Assets $84.77M $87.84M
YoY Change -36.42% -51.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.51M $27.10M
YoY Change 207.54% -1.56%
Accrued Expenses $1.416M $1.800M
YoY Change 749.87% -14.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $19.39M $17.78M
YoY Change 63045.96% 58905.14%
Total Short-Term Liabilities $53.32M $46.63M
YoY Change 50.13% -24.82%
LONG-TERM LIABILITIES
Long-Term Debt $50.16K
YoY Change -100.0%
Other Long-Term Liabilities $1.016M $1.100M
YoY Change -94.04% -93.38%
Total Long-Term Liabilities $1.066M $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.32M $46.63M
Total Long-Term Liabilities $1.066M $0.00
Total Liabilities $55.53M $47.78M
YoY Change -2.86% -45.6%
SHAREHOLDERS EQUITY
Retained Earnings -$182.7M -$169.8M
YoY Change 49.41% 63.52%
Common Stock $16.65K $16.52K
YoY Change 22.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $29.24M $41.73M
YoY Change
Total Liabilities & Shareholders Equity $84.77M $87.84M
YoY Change -36.42% -51.36%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$12.93M -$19.05M
YoY Change -29.92% -8.7%
Depreciation, Depletion And Amortization $9.451M $11.88M
YoY Change -44.86% -26.82%
Cash From Operating Activities $2.274M -$630.0K
YoY Change -120.89% -92.13%
INVESTING ACTIVITIES
Capital Expenditures $102.0K $400.0K
YoY Change -99.21% -102.5%
Acquisitions
YoY Change
Other Investing Activities $323.6K $150.0K
YoY Change -99.1% -98.91%
Cash From Investing Activities $231.6K -$260.0K
YoY Change -98.99% -88.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 472.7K -3.230M
YoY Change -103.86% -148.02%
NET CHANGE
Cash From Operating Activities 2.274M -630.0K
Cash From Investing Activities 231.6K -260.0K
Cash From Financing Activities 472.7K -3.230M
Net Change In Cash 2.979M -4.120M
YoY Change -1501.01% 14.75%
FREE CASH FLOW
Cash From Operating Activities $2.274M -$630.0K
Capital Expenditures $102.0K $400.0K
Free Cash Flow $2.172M -$1.030M
YoY Change -109.15% -112.86%

Facts In Submission

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CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
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CY2022Q3 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q3 migi Stock Issued During Period Issuance Of Warrants
StockIssuedDuringPeriodIssuanceOfWarrants
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CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2023Q3 migi Stock Based Compensation Expense For Rs Us And Stock Options
StockBasedCompensationExpenseForRSUsAndStockOptions
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CY2023Q3 us-gaap Profit Loss
ProfitLoss
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CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2022Q3 migi Stock Issued During Period Issuance Of Warrants
StockIssuedDuringPeriodIssuanceOfWarrants
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CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2022Q3 us-gaap Profit Loss
ProfitLoss
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CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
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us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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migi Stock Issued During Period Issuance Of Warrants
StockIssuedDuringPeriodIssuanceOfWarrants
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us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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migi Stock Based Compensation Expense For Rs Us And Stock Options
StockBasedCompensationExpenseForRSUsAndStockOptions
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us-gaap Stock Issued During Period Value New Issues
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us-gaap Profit Loss
ProfitLoss
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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migi Stock Issued During Period Issuance Of Warrants
StockIssuedDuringPeriodIssuanceOfWarrants
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migi Stock Issued During Period Value Restricted Stock Units And Options
StockIssuedDuringPeriodValueRestrictedStockUnitsAndOptions
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us-gaap Stock Issued During Period Value New Issues
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us-gaap Profit Loss
ProfitLoss
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us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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1244273 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Foreign Currency Transaction Loss Before Tax
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us-gaap Gain Loss On Sale Of Project
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Unrealized Gain Loss On Investments
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us-gaap Marketable Securities Gain Loss
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us-gaap Marketable Securities Gain Loss
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us-gaap Income Loss From Equity Method Investments
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migi Loss On Write Off Of Property And Equipment
LossOnWriteOffOfPropertyAndEquipment
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migi Loss On Write Off Of Property And Equipment
LossOnWriteOffOfPropertyAndEquipment
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us-gaap Interest Expense Debt
InterestExpenseDebt
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migi Noncontrolling Interest
NoncontrollingInterest
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migi Loss On Reclassification To Assets Held For Sale
LossOnReclassificationToAssetsHeldForSale
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migi Profit On Sale Of Site
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale And Maturity Of Other Investments
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migi Proceeds From Sale Of Site
ProceedsFromSaleOfSite
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us-gaap Proceeds From Sale And Collection Of Loans Receivable
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us-gaap Proceeds From Sale Of Other Property Plant And Equipment
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us-gaap Proceeds From Sale Of Other Property Plant And Equipment
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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migi Payment Of Property And Equipment Deposits
PaymentOfPropertyAndEquipmentDeposits
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1930425 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
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us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
550573 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1496838 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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migi Recognition Of Right Of Use Operating Asset And Lease Liability
RecognitionOfRightOfUseOperatingAssetAndLeaseLiability
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migi Accrued Interest On Convertible Notes Settled In Common Stock
AccruedInterestOnConvertibleNotesSettledInCommonStock
276959 usd
us-gaap Taxes Other
TaxesOther
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CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
32980000 usd
CY2023Q3 us-gaap Assets Net
AssetsNet
40050000.00 usd
CY2023Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
169750000 usd
CY2023Q3 us-gaap Cash Available For Distributions
CashAvailableForDistributions
1500000 usd
migi Bitcoin Price Amount
BitcoinPriceAmount
36000 usd
CY2023Q3 migi Bitcoin Trending Higher Percentage
BitcoinTrendingHigherPercentage
0.76 pure
migi Bankruptcy Process
BankruptcyProcess
1840000 usd
migi Pre Petition Amount
PrePetitionAmount
6950000 usd
CY2023Q3 us-gaap Unsecured Debt
UnsecuredDebt
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migi Post Petition Amount
PostPetitionAmount
6950000 usd
CY2023Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
20000000 usd
CY2023Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
1510000 aud
CY2023Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
970000 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000 shares
us-gaap Use Of Estimates
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; "><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of Estimates and Assumptions</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 and the contingent obligation with respect to future revenues.</span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Reclassifications</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain reclassifications of prior period amounts have been made to conform to current period presentation.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
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CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
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CY2022Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
3243957 usd
CY2023Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.20 pure
migi Treasury Bond Term
TreasuryBondTerm
P10Y
CY2023Q2 migi Digital Currencies Balance
DigitalCurrenciesBalance
0
CY2022Q4 migi Digital Currencies Balance
DigitalCurrenciesBalance
0
CY2023Q3 migi Additions Of Digital Currencies1
AdditionsOfDigitalCurrencies1
245.65
migi Additions Of Digital Currencies1
AdditionsOfDigitalCurrencies1
548.38
CY2023Q3 migi Sale Of Digital Currencies1
SaleOfDigitalCurrencies1
-245.65
migi Sale Of Digital Currencies1
SaleOfDigitalCurrencies1
-548.38
CY2023Q3 migi Digital Currencies Balance
DigitalCurrenciesBalance
0
CY2023Q3 migi Digital Currencies Balance
DigitalCurrenciesBalance
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
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CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8143 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
24430 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
20519 usd
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1799 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5820 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6290 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
82052063 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
54489966 usd
CY2023Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
66312235 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
91016498 usd
CY2023Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
11880000 usd
CY2022Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
16250000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28630000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
46060000.00 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
us-gaap Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
8050000.00 usd
CY2023Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.15 pure
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
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CY2022Q3 us-gaap Line Of Credit
LineOfCredit
1900000 usd
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
8000000 aud
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
5200000 usd
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
3000000 aud
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
1990000 usd
CY2023Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.12 pure
CY2022Q4 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
3100000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
5475935 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2124674 usd
CY2023Q3 migi Unrecognized Compensation Cost
UnrecognizedCompensationCost
5560000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
417 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.9
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y3M3D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1750000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.89
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1750417 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.9
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y9M
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
417 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
35.9
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y3M3D
us-gaap Stock Issued1
StockIssued1
1350000 usd
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
us-gaap Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
56036 usd
us-gaap Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
16367 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
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us-gaap Labor And Related Expense
LaborAndRelatedExpense
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us-gaap Investment Company Fee Paid Indirectly
InvestmentCompanyFeePaidIndirectly
362770 usd
us-gaap Investment Company Fee Paid Indirectly
InvestmentCompanyFeePaidIndirectly
248110 usd
migi Vehicle Service Amount
VehicleServiceAmount
35495 usd
migi Vehicle Service Amount
VehicleServiceAmount
60570 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2022Q3 migi Impairment Of Financial Assets
ImpairmentOfFinancialAssets
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CY2023Q3 migi Profit On Sale Of Site
ProfitOnSaleOfSite
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CY2023Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2022Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2022Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2023Q3 us-gaap Other Income
OtherIncome
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CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.15
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.77
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.10
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
usd
us-gaap Gain Loss On Sale Of Project
GainLossOnSaleOfProject
usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
usd
us-gaap Interest Expense Debt
InterestExpenseDebt
usd
migi Noncontrolling Interest
NoncontrollingInterest
usd
migi Loss On Reclassification To Assets Held For Sale
LossOnReclassificationToAssetsHeldForSale
usd
migi Profit On Sale Of Site
ProfitOnSaleOfSite
usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
usd
migi Proceeds From Sale Of Site
ProceedsFromSaleOfSite
usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
migi Payment Of Property And Equipment Deposits
PaymentOfPropertyAndEquipmentDeposits
usd
migi Recognition Of Right Of Use Operating Asset And Lease Liability
RecognitionOfRightOfUseOperatingAssetAndLeaseLiability
usd
migi Accrued Interest On Convertible Notes Settled In Common Stock
AccruedInterestOnConvertibleNotesSettledInCommonStock
usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001218683

Files In Submission

Name View Source Status
f10q0923_mawson_htm.xml Edgar Link completed
migi-20230930_cal.xml Edgar Link unprocessable
migi-20230930_def.xml Edgar Link unprocessable
migi-20230930_lab.xml Edgar Link unprocessable
0001213900-23-086134-index-headers.html Edgar Link pending
0001213900-23-086134-index.html Edgar Link pending
0001213900-23-086134.txt Edgar Link pending
0001213900-23-086134-xbrl.zip Edgar Link pending
f10q0923ex3-8_mawsoninfra.htm Edgar Link pending
f10q0923ex31-1_mawsoninfra.htm Edgar Link pending
f10q0923ex31-2_mawsoninfra.htm Edgar Link pending
f10q0923ex32_mawsoninfra.htm Edgar Link pending
f10q0923_mawson.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
migi-20230930.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R1.htm Edgar Link pending
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R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
migi-20230930_pre.xml Edgar Link unprocessable