Greenidge Generation Holdings Inc.
Business
Greenidge Generation Holdings Inc. develops and operates datacenters and power generation facilities designed for energy-intensive computing workloads, including bitcoin mining and emerging AI/HPC applications. The company generates revenue from datacenter hosting, cryptocurrency self-mining, and wholesale power and capacity sales through its vertically integrated facility in New York and greenfield developments in Mississippi and North Dakota. The business leverages owned natural gas power generation assets, grid interconnection rights, and datacenter expertise to serve cryptocurrency and high-performance computing markets.
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 revenue | 59 | 60 | 70 | — | — | |
| Depreciation | 12 | 13 | 14 | — | — | |
| Selling, general and administrative | 12 | 17 | 26 | 35 | 24 | |
| Loss (gain) on digital assets | 21,000 | −2 | 0 | — | — | |
| (Gain) loss on sale of assets | −11 | 641,000 | −10 | −2 | 0 | |
| Impairment of long-lived assets | 0 | 200,000 | 4 | 176 | 0 | |
| Gain on insurance proceeds | −399,000 | 0 | — | — | — | |
| Remeasurement of environmental liability | 350,000 | 453,000 | 2 | 17 | 4 | |
| Total operating costs and expenses | 63 | 71 | 87 | 323 | 65 | |
| Operating Loss | −4 | −11 | −17 | −233 | 33 | |
| Interest expense, net | −4 | −7 | −13 | — | — | |
| Change in fair value of warrant asset | 0 | −500,000 | 0 | — | — | |
| Impairment of equity securities | 0 | −900,000 | 0 | — | — | |
| Gain on troubled debt restructuring | 12 | 0 | — | — | — | |
| Gain on extinguishment of debt | 406,000 | 0 | — | — | — | |
| Loss on liquidation of subsidiary | −348,000 | 0 | — | — | — | |
| Gain on non-refundable deposit | 400,000 | 0 | — | — | — | |
| Gain on settlement of related party liability | 200,000 | 0 | — | — | — | |
| Other income, net | 91,000 | 23,000 | 0 | 14,000 | 153,000 | |
| Total other income (expense), net | 9 | −8 | −12 | −22 | −3 | |
| Income (loss) before taxes | 5 | −20 | −29 | — | −44 | |
| Benefit from income taxes | −479,000 | −69,000 | 0 | 15 | 8 | |
| Net income (loss) | 5 | −20 | −30 | −271 | −44 | |
| Foreign currency translation adjustment | 0 | −3,000 | 12,000 | −357,000 | — | |
| Reclassification of foreign currency translation adjustment realized upon liquidation of foreign subsidiary | 348,000 | 0 | — | — | — | |
| Comprehensive income (loss) | 6 | −20 | −29 | −271 | — | |
| Basic (in dollars per share) | 0.35 | −1.88 | −4.43 | −63.97 | −1.41 | |
| Diluted (in dollars per share) | 0.34 | −1.88 | −4.43 | −63.97 | −1.23 | |
| Basic (in shares) | 15 | 11 | 7 | 4 | 32 | |
| Diluted (in shares) | 15 | 11 | 7 | 4 | 37 |
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 | 20 | 9 | — | 15 | 83 | |
| Digital assets | 6 | 7 | — | — | — | |
| Accounts receivable | 2 | 1 | 358,000 | 3 | 237,000 | |
| Prepaid expenses and current other assets | 2 | 3 | 4 | 6 | 7 | |
| Emissions and carbon offset credits | 5 | 7 | 6 | 1 | 2 | |
| Income tax receivable | 500,000 | 0 | 857,000 | 798,000 | 0 | |
| Total current assets | 35 | 27 | 24 | 33 | 101 | |
| Property and equipment, net | 16 | 30 | 45 | 130 | 216 | |
| Other long-term assets | 2 | 569,000 | 2 | 292,000 | 2 | |
| Long-term assets held for sale | 900,000 | 7 | 0 | 0 | 8 | |
| Total assets | 54 | 65 | 71 | 164 | 341 | |
| Accounts payable | 2 | 4 | 3 | 10 | 6 | |
| Accrued emissions expense | 15 | 9 | 11 | 6 | 3 | |
| Accrued expenses | 3 | 4 | 6 | 11 | 7 | |
| Short-term environmental liability | 0 | 250,000 | 363,000 | 600,000 | 0 | |
| Current portion of long term debt | 40 | 0 | 0 | 67 | 20 | |
| Contract liability | 2 | 2 | 0 | — | — | |
| Related party payable | 164,000 | 0 | — | 0 | 736,000 | |
| Total current liabilities | 63 | 19 | 21 | 99 | 42 | |
| Long-term debt, net of current portion | 3 | 68 | 69 | 85 | 75 | |
| Environmental liabilities | 31 | 30 | 30 | 27 | 11 | |
| Other long-term liabilities | 3 | 3 | 3 | 107,000 | 193,000 | |
| Total liabilities | 100 | 121 | 122 | 211 | 129 | |
| COMMITMENTS AND CONTINGENCIES (NOTE 10) | — | — | — | — | — | |
| Preferred stock, par value $0.0001, 20,000,000 shares authorized, none outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, par value $0.0001, 500,000,000 shares authorized, 15,801,997 and 13,025,627 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 2,000 | 1,000 | 1,000 | 0 | 4,000 | |
| Cumulative translation adjustment | 0 | −348,000 | −345,000 | −357,000 | 0 | |
| Additional paid-in capital | 338 | 334 | 320 | 294 | 282 | |
| Accumulated deficit | −384 | −390 | −370 | −340 | −69 | |
| Total stockholders' deficit | −46 | −56 | −51 | −47 | 212 | |
| Total liabilities and stockholders' deficit | 54 | 65 | 71 | 164 | 341 |
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 |
|---|---|---|---|---|---|---|
| Depreciation | 12 | 13 | 14 | — | — | |
| Amortization of debt (premium) discount and issuance costs | −738,000 | 974,000 | — | — | — | |
| Stock-based compensation expense | 760,000 | 2 | 2 | 3 | 4 | |
| Revenues from digital assets production | −15 | −19 | 0 | — | — | |
| Proceeds from sale of digital assets | 0 | 11 | 0 | — | — | |
| Accounts receivable | −461,000 | −1 | 2 | −2 | 153,000 | |
| Emissions and carbon offset credits | 2 | −1 | −4 | 1 | −439,000 | |
| Prepaid expenses and other assets | 802,000 | 770,000 | 3 | 1 | −7 | |
| Accounts payable | −2 | 1 | −3 | −48,000 | 1 | |
| Accrued emissions expense | 7 | −2 | 4 | 3 | 552,000 | |
| Accrued expenses | −832,000 | −2 | −3 | 5 | 6 | |
| Income tax receivable | −512,000 | 857,000 | −59,000 | −3 | 2 | |
| Contract liabilities | −19,000 | 2 | 0 | — | — | |
| Related party payables | 2 | 0 | 3 | 0 | −426,000 | |
| Other | −1 | −192,000 | −551,000 | 433,000 | 0 | |
| Net cash flow used for operating activities | −15 | −12 | — | — | 40 | |
| Purchases of and deposits for property and equipment | −2 | −10 | −13 | −133 | −164 | |
| Proceeds from sale of digital assets | 16 | 3 | 0 | — | — | |
| Proceeds from insurance claim | 399,000 | 0 | — | — | — | |
| Proceeds from sales of assets | 23 | 3 | 7 | 11 | 0 | |
| Net cash flow provided by (used for) investing activities | 37 | −4 | — | — | −136 | |
| Repurchases of Senior Notes | −742,000 | 0 | — | — | — | |
| Proceeds from issuance of common stock, net of issuance costs | 0 | 5 | 21 | 10 | 47 | |
| Proceeds from issuance of common stock and pre-funded warrants | 0 | 6 | 0 | — | — | |
| Principal payments on debt | −10 | 0 | −7 | −54 | −8 | |
| Net cash flow provided by (used for) financing activities | −11 | 11 | 14 | 62 | 174 | |
| CHANGE IN CASH AND CASH EQUIVALENTS | 11 | −5 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Greenidge Generation Holdings Inc.'s CIK number?
Greenidge Generation Holdings Inc.'s SEC CIK number is 0001844971 (1844971). 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 Greenidge Generation Holdings Inc.'s SEC filings?
All of Greenidge Generation Holdings 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 Greenidge Generation Holdings Inc. last report earnings?
Greenidge Generation Holdings Inc. (GREE) most recently filed an earnings 8-K with the SEC on Mar 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-015246). This is Greenidge Generation Holdings Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Greenidge Generation Holdings Inc.'s most recent earnings 8-K?
Greenidge Generation Holdings Inc.'s latest earnings 8-K (Item 2.02) was filed Mar 5, 2026 under accession 0001628280-26-015246. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Greenidge Generation Holdings Inc.'s latest earnings 8-K →
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