Big Digital Energy, Inc.
Business
Big Digital Energy, Inc. is a technology company that designs, builds, and operates digital infrastructure platforms for Bitcoin mining, AI, and high-performance computing applications. The company provides digital colocation services allowing customers to house specialized mining and computing equipment in its facilities, energy management services that optimize grid participation and demand response programs, and operates its own Bitcoin mining operations. Mawson operates approximately 129 megawatts of capacity across facilities in the PJM Energy Market, utilizing carbon-free energy sources.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 40 | 59 | 44 | 84 | 44 | |
| Less: Cost of revenues (excluding depreciation) | 22 | 39 | 29 | 48 | 10 | |
| Gross profit | 17 | 20 | 15 | 37 | 34 | |
| Selling, general and administrative | 23 | 18 | 19 | 26 | 16 | |
| Stock based compensation | 9 | 14 | 11 | 3 | 22 | |
| Depreciation and amortization | 6 | 18 | 38 | 63 | 14 | |
| Change in fair value of derivative asset | −590,126 | 1 | 7 | 11 | — | |
| Total operating expenses | 37 | 51 | 75 | 81 | 77 | |
| Loss from operations | −19 | −31 | −60 | −44 | −43 | |
| Gain (loss) on foreign currency transactions | −1 | 1 | −2 | −7 | −932,866 | |
| Interest expense | −3 | −3 | −3 | — | — | |
| Other income | 357,849 | 364,382 | 517,918 | 2 | — | |
| Other expenses | −77,904 | −39,638 | −396,691 | — | — | |
| Loss on deconsolidation | — | −12 | 9 | — | — | |
| Total non-operating expense, net | −4 | −14 | 8 | −10 | — | |
| Loss before income taxes | −24 | −45 | −53 | −54 | −45 | |
| Income tax expenses | −12,526 | −976,570 | −6 | — | −277,717 | |
| Net loss | −24 | −46 | −59 | −54 | −45 | |
| Less: Net loss attributable to non-controlling interests | — | −205,086 | 2 | −1 | −497,944 | |
| Net loss attributed to Mawson common stockholders | −24 | −46 | −60 | −53 | −45 | |
| Net loss per share, basic | −20.11 | −51.75 | −3.86 | −4.16 | −4.79 | |
| Net loss per share, diluted | −20.11 | −51.75 | −3.86 | −4.16 | −0.8 | |
| Weighted average number of shares outstanding, basic | 1 | 891,438 | 16 | 13 | 9 | |
| Weighted average number of shares outstanding, diluted | 1 | 891,438 | — | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 13 | 6 | 4 | 946,265 | 5 | |
| Prepaid expenses | 4 | 5 | 4 | 3 | 332,154 | |
| Cryptocurrencies held for customers | 903,784 | — | — | — | — | |
| Trade and other receivables, net | 10 | 15 | 12 | 10 | 6 | |
| Total current assets | 27 | 26 | 20 | 20 | 11 | |
| Property, plant and equipment, net | 23 | 28 | 58 | 91 | 77 | |
| Derivative asset | 3 | 3 | 4 | 11 | — | |
| Security deposits | 700,000 | 500,000 | 400,000 | — | — | |
| Operating lease right-of-use asset | 3 | 4 | 2 | 3 | 4 | |
| Total assets | 57 | 61 | 85 | 133 | 145 | |
| Trade and other payables | 32 | 39 | 33 | 11 | — | |
| Current portion of operating lease liability | 1 | 1 | 1 | 1 | 1 | |
| Current portion of finance lease liability | 176,707 | 358,515 | 33,059 | 30,702 | 8,105 | |
| Current portion of long-term loans | 25 | 21 | 19 | 24 | — | |
| Total current liabilities | 59 | 62 | 53 | 36 | 20 | |
| Operating lease liability, net of current portion | 2 | 3 | 1 | 2 | 3 | |
| Finance lease liability, net of current portion | — | 207,957 | 50,164 | 83,223 | 38,764 | |
| Total liabilities | 61 | 65 | 54 | 57 | 31 | |
| Commitments and Contingencies | — | — | — | — | — | |
| Series A preferred stock; 1,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 | — | — | — | — | — | |
| Common stock, $0.001 par value per share; 90,000,000 shares authorized, 3,617,221 and 939,618 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 3,617 | 940 | 16,645 | 13,626 | — | |
| Additional paid-in capital | 249 | 225 | 211 | 194 | — | |
| Accumulated other comprehensive income | 365,450 | 198,625 | 608,688 | 5 | −521,094 | |
| Accumulated deficit | −253 | −229 | −183 | −122 | −71 | |
| Total stockholders deficit | −3 | −3 | 29 | 77 | 115 | |
| Total liabilities and stockholders deficit | 57 | 61 | 85 | 133 | 145 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of operating lease right-of-use asset | 1 | 958,571 | 1 | 2 | — | |
| Foreign exchange loss (gain) | 1 | −2 | 2 | — | — | |
| Unrealized (gain) loss on derivative asset | −590,126 | 1 | 7 | — | — | |
| Loss on sale of property, plant and equipment | — | 18,262 | 137,427 | −4 | — | |
| Bad debt expense | 1 | — | — | — | — | |
| Non-cash interest expense | 3 | 3 | 2 | — | — | |
| Loss on lease termination | 26,268 | 312,375 | — | — | — | |
| Loss on deconsolidation | — | 13 | −9 | — | — | |
| Trade and other receivables | 4 | −3 | −4 | −605,480 | −5 | |
| Operating lease liabilities | −1 | −771,190 | −2 | — | — | |
| Other current assets | 10,605 | −1 | 2 | −5 | −847,872 | |
| Trade and other payables | −7 | 6 | 11 | 21 | 6 | |
| Net cash (used in) provided by operating activities | −7 | 4 | −3 | 14 | 23 | |
| Capital expenditures | −148,950 | −2 | −5 | — | — | |
| Proceeds from sales of property, plant and equipment | 39,260 | 838,864 | 1 | 22 | 694,181 | |
| Net cash used in investing activities | −109,690 | −1 | 11 | −33 | −128 | |
| Proceeds from common share issuances | 15 | — | 6 | 7 | — | |
| Payment of finance lease liabilities | −444,426 | −330,067 | −38,176 | −2 | — | |
| Payments of loans | — | −500,000 | −12 | −28 | — | |
| Net cash provided by (used in) financing activities | 14 | −830,067 | −5 | 14 | 110 | |
| Net increase in cash and cash equivalents | 7 | 2 | — | — | — | |
| Cash paid for interest | 16,018 | 18,527 | 1 | 6 | 653,506 | |
| Cash (received) paid for income taxes Federal | −25,905 | 490,997 | — | — | — | |
| Cash paid for income taxes State | 300 | 405,250 | — | — | — | |
| Recognition of right of use operating asset and lease liability | 571,024 | 3 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Big Digital Energy, Inc.'s CIK number?
Big Digital Energy, Inc.'s SEC CIK number is 0001218683 (1218683). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Big Digital Energy, Inc.'s SEC filings?
All of Big Digital Energy, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Big Digital Energy, Inc. last report earnings?
Big Digital Energy, Inc. (BGDE) most recently filed an earnings 8-K with the SEC on Feb 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-012978). This is Big Digital Energy, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Big Digital Energy, Inc.'s most recent earnings 8-K?
Big Digital Energy, Inc.'s latest earnings 8-K (Item 2.02) was filed Feb 6, 2026 under accession 0001213900-26-012978. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Big Digital Energy, Inc.'s latest earnings 8-K →
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