Marathon Digital Holdings, Inc. (MARA) financial statements (2023 and earlier)

Company profile

Business Address 1180 N. TOWN CENTER DRIVE
LAS VEGAS, NV 89144
State of Incorp. NV
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments492141131553
Cash and cash equivalents269141131553
Short-term investments224      
Receivables3075  000
Prepaid expense    0 0
Deposits current assets34      
Intangible current assets123      
Other undisclosed current assets87010 02
Total current assets:688286131565
Noncurrent Assets
Operating lease, right-of-use asset 00
Property, plant and equipment2761741000
Long-term investments and receivables3      
Long-term investments3      
Intangible assets, net (including goodwill)1111121330
Goodwill     04
Intangible assets, net (excluding goodwill)1111121225
Prepaid expense148     
Deposits noncurrent assets466      
Other noncurrent assets     00
Deferred tax assets, net   12
Other undisclosed noncurrent assets    (12)  
Total noncurrent assets:760275201342
TOTAL ASSETS:1,44831375151847
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:13111277
Other undisclosed accounts payable and accrued liabilities13111277
Debt  0121310
Estimated litigation liability    2  
Business combination, contingent consideration, liability     00
Other liabilities  1    
Other undisclosed current liabilities10002  
Total current liabilities:1412282017
Noncurrent Liabilities
Long-term debt and lease obligation72801  512
Long-term debt, excluding current maturities72801  512
Operating lease, liability  0
Liabilities, other than long-term debt23    25
Deferred revenue and credits 11
Deferred tax liabilities, net   1
Deferred income tax liabilities23  
Other liabilities     0 
Business combination, contingent consideration, liability     13
Total noncurrent liabilities:75101  718
Total liabilities:76523282835
Stockholders' equity
Stockholders' equity attributable to parent, including:683312437(9)13
Preferred stock    0  
Common stock0000000
Additional paid in capital836428110105975043
Accumulated other comprehensive loss(0)(0)(0)(0)(0)(1)(1)
Accumulated deficit(152)(116)(106)(102)(89)(58)(29)
Other undisclosed stockholders' equity attributable to parent     00
Stockholders' equity attributable to noncontrolling interest     (0) 
Total stockholders' equity:683312437(9)13
TOTAL LIABILITIES AND EQUITY:1,44831375151847

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues15041213719
Financial services revenue(3)  
Cost of revenue (7)(2)(3)(3)(19)(17)
Gross profit:150(3)(1)(2)(3)182
Operating expenses(236)(1)(5)(14)(15)(52)(45)
Other undisclosed operating income (loss) (6)2331917
Operating loss:(85)(10)(4)(12)(14)(16)(26)
Nonoperating income (expense)72(1)10(3)(2)1
Other nonoperating income (expense)00 0(3)(0)0
Interest and debt expense(2)(0)0(0)11(3)(1)
Loss from continuing operations before equity method investments, income taxes:(15)(10)(3)(12)(7)(20)(27)
Other undisclosed income (loss) from continuing operations before income taxes20(0)(1)(25)31
Loss from continuing operations before income taxes:(13)(10)(4)(13)(31)(17)(25)
Income tax expense (benefit)(23)(0) (0)0(12)8
Net loss:(36)(10)(4)(13)(31)(29)(17)
Net income attributable to noncontrolling interest     0 
Other undisclosed net income attributable to parent 0     
Net loss available to common stockholders, diluted:(36)(10)(4)(13)(31)(29)(17)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(36)(10)(4)(13)(31)(29)(17)
Other comprehensive income (loss)   010(1)
Comprehensive loss:(36)(10)(4)(13)(31)(29)(18)
Comprehensive income, net of tax, attributable to noncontrolling interest     0 
Comprehensive loss, net of tax, attributable to parent:(36)(10)(4)(13)(31)(28)(18)

Statements sources

The financial statements are based on the company's filings with the 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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