MGT Capital Investments Inc (MGTI) Financial Statements (2024 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)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5381,230236216969,519
Cash and cash equivalents5381,230236216969,519
Restricted cash and investments      
Receivables 180    
Prepaid expense     193734
Deferred costs      160
Intangible current assets11 41830 
Other undisclosed current assets412510125 48
Total current assets:5531,53525035931910,461
Noncurrent Assets
Operating lease, right-of-use asset  555678
Property, plant and equipment1,0981,2291,8723,536 3,116
Long-term investments and receivables  50    
Long-term investments  50    
Other noncurrent assets 33123321204 
Total noncurrent assets:1,1011,3372,0513,9352043,116
TOTAL ASSETS:1,6542,8722,3014,29452313,577
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities112111,261795544994
Accounts payable112111,261795537287
Accrued liabilities     7707
Deferred revenue 30   
Debt200 5711,851 
Derivative instruments and hedges, liabilities3,223 246   
Other liabilities     3710
Other undisclosed current liabilities1,9241,515265142  
Total current liabilities:5,3881,7261,7771,0082,3981,704
Noncurrent Liabilities
Long-term debt and lease obligation:  173359  
Liabilities, other than long-term debt      
Operating lease, liability 173359
Other undisclosed noncurrent liabilities (17)(33)   
Total noncurrent liabilities: 173359  
Total liabilities:5,3881,7431,8101,0672,3981,704
Equity
Equity, attributable to parent(3,734)1,1294913,227(1,875)11,895
Common stock70460750741411159
Additional paid in capital421,468420,450418,373417,315403,299390,736
Accumulated deficit(425,906)(419,928)(418,389)(414,502)(405,285)(378,900)
Equity, attributable to noncontrolling interest      (22)
Total equity:(3,734)1,1294913,227(1,875)11,873
TOTAL LIABILITIES AND EQUITY:1,6542,8722,3014,29452313,577

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues8098831,4404502,0303,134
Cost of revenue     (4,191)(1,502)
Gross profit:8098831,440450(2,161)1,632
Operating expenses(3,294)(2,670)(4,311)(7,951)(25,953)(23,240)
Other undisclosed operating income     4,191 
Operating loss:(2,485)(1,787)(2,871)(7,501)(23,923)(21,608)
Nonoperating income (expense)(3,493)248(1,015)(1,280)74(28,825)
Other nonoperating income (expense)4986(1,015)(1,280)74(28,825)
Interest and debt expense(23)(541)(355)3,5401,295 
Income (loss) from continuing operations:(6,001)(2,080)(4,241)(5,241)(22,554)(50,433)
Loss before gain (loss) on sale of properties:(2,080)(4,241)(5,241)(22,554)(50,433)
Other undisclosed net loss     (1,295) 
Net income (loss):(6,001)(2,080)(4,241)(5,241)(23,849)(50,433)
Other undisclosed net income (loss) attributable to parent23541354(3,540)  
Net income (loss) attributable to parent:(5,978)(1,539)(3,887)(8,781)(23,849)(50,433)
Preferred stock dividends and other adjustments    (1,005)(2,514) 
Net income (loss) available to common stockholders, diluted:(5,978)(1,539)(3,887)(9,786)(26,363)(50,433)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(6,001)(2,080)(4,241)(5,241)(23,849)(50,433)
Comprehensive income (loss):(6,001)(2,080)(4,241)(5,241)(23,849)(50,433)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (2,514)66
Comprehensive income (loss), net of tax, attributable to parent:(6,001)(2,080)(4,241)(5,241)(26,363)(50,367)

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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