MGT Capital Investments Inc (MGTI) Financial Statements (2025 and earlier)

Company Profile

Business Address 150 FAYETTEVILLE STREET,
RALEIGH, NC 27601
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6199 - Finance Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments85381,23023621696
Cash and cash equivalent85381,23023621696
Receivables17 180   
Prepaid expense      193
Intangible current assets  11 41830
Other undisclosed current assets  412510125 
Total current assets:255531,535250359319
Noncurrent Assets
Operating lease, right-of-use asset   555678
Property, plant and equipment9071,0981,2291,8723,536 
Long-term investments and receivables   50   
Long-term investments   50   
Other noncurrent assets  33123321204
Total noncurrent assets:9071,1011,3372,0513,935204
TOTAL ASSETS:9321,6542,8722,3014,294523
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities  112111,261795544
Accounts payable  112111,261795537
Accrued liabilities      7
Deferred revenue  30   
Debt  200 5711,851
Derivative instruments and hedges, liabilities3,3443,223 246  
Other liabilities      3
Other undisclosed current liabilities6,4261,9241,515265142 
Total current liabilities:9,7705,3881,7261,7771,0082,398
Noncurrent Liabilities
Long-term debt and lease obligation:   173359 
Liabilities, other than long-term debt 20     
Operating lease, liability 20 173359
Other undisclosed noncurrent liabilities   (17)(33)  
Total noncurrent liabilities: 20 173359 
Total liabilities:9,7905,3881,7431,8101,0672,398
Equity
Equity, attributable to parent(8,858)(3,734)1,1294913,227(1,875)
Common stock849704607507414111
Additional paid in capital422,332421,468420,450418,373417,315403,299
Accumulated deficit(432,039)(425,906)(419,928)(418,389)(414,502)(405,285)
Other undisclosed equity, attributable to parent      
Total equity:(8,858)(3,734)1,1294913,227(1,875)
TOTAL LIABILITIES AND EQUITY:9321,6542,8722,3014,294523

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3998098831,4404502,030
Cost of revenue      (4,191)
Gross profit:3998098831,440450(2,161)
Operating expenses(1,832)(3,294)(2,670)(4,311)(7,951)(25,953)
Other undisclosed operating income      4,191
Operating loss:(1,433)(2,485)(1,787)(2,871)(7,501)(23,923)
Nonoperating income (expense)(4,700)(3,493)248(1,015)(1,280)74
Other nonoperating income (expense) 4986(1,015)(1,280)74
Interest and debt expense(91)(23)(541)(355)3,5401,295
Loss from continuing operations:(6,224)(6,001)(2,080)(4,241)(5,241)(22,554)
Loss before gain (loss) on sale of properties:(2,080)(4,241)(5,241)(22,554)
Other undisclosed net loss      (1,295)
Net loss:(6,224)(6,001)(2,080)(4,241)(5,241)(23,849)
Other undisclosed net income (loss) attributable to parent9123541354(3,540) 
Net loss attributable to parent:(6,133)(5,978)(1,539)(3,887)(8,781)(23,849)
Preferred stock dividends and other adjustments     (1,005)(2,514)
Net loss available to common stockholders, diluted:(6,133)(5,978)(1,539)(3,887)(9,786)(26,363)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(6,224)(6,001)(2,080)(4,241)(5,241)(23,849)
Comprehensive loss:(6,224)(6,001)(2,080)(4,241)(5,241)(23,849)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent     (2,514)
Comprehensive loss, net of tax, attributable to parent:(6,224)(6,001)(2,080)(4,241)(5,241)(26,363)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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