$ABTC
American Bitcoin Corp.
CIK:0001755953|SEC Filings
Condensed Consolidated and Combined Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||||
| Revenue | $ 67,015 | $ 30,285 | $ 129,133 | $ 42,623 | ||
| Cost of revenue (exclusive of depreciation and amortization shown below) | 34,009 | 15,337 | 63,607 | 26,988 | ||
| Operating expenses: | ||||||
| Depreciation and amortization | 28,237 | 9,951 | 54,857 | 16,375 | ||
| General and administrative expenses | 7,672 | 3,642 | 14,580 | 18,010 | ||
| Loss on sale of property and equipment | 0 | 0 | 0 | 2,454 | ||
| Loss (gain) on digital assets | 71,178 | (3,037) | 188,366 | 109,357 | ||
| Total operating expenses | 107,087 | 10,556 | 257,803 | 146,196 | ||
| Operating (loss) income | (74,081) | 4,392 | (192,277) | (130,561) | ||
| Other income: | ||||||
| Gain on derivatives | 18,315 | 0 | 55,607 | 20,862 | ||
| Gain on warrant liability | 22 | 0 | 91 | 0 | ||
| Other income | 18,337 | 0 | 55,698 | 20,862 | ||
| (Loss) income before income taxes | (55,744) | 4,392 | (136,579) | (109,699) | ||
| Income tax (provision) benefit | (1,407) | (961) | (2,364) | 12,507 | ||
| Net (loss) income | (57,151) | 3,431 | (138,943) | (97,192) | ||
| Other comprehensive income: | ||||||
| Foreign currency translation adjustments | 0 | 0 | 0 | 4,467 | ||
| Total comprehensive (loss) income | $ (57,151) | $ 3,431 | $ (138,943) | $ (92,725) | ||
| Net (loss) income per share of common stock: | ||||||
| Basic | [1] | $ (0.8) | $ 0.06 | $ (1.99) | $ (1.63) | |
| Diluted | [1] | $ (0.8) | $ 0.06 | $ (2) | $ (1.63) | |
| Weighted average number of shares of common stock outstanding: | ||||||
| Basic | [1] | 71,482,044 | 59,450,812 | 69,678,490 | 59,450,812 | |
| Diluted | [1] | 71,487,408 | 59,450,812 | 69,681,187 | 59,450,812 | |
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