$ABTS
Abits Group Inc
CIK:0001864055|SEC Filings
Consolidated Statements of Operations and Comprehensive Loss - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Income Statement [Abstract] | |||||
| Revenue | $ 9,128,666 | $ 6,711,225 | $ 1,681,533 | ||
| Direct costs of revenue | (5,452,168) | (3,335,819) | (455,468) | ||
| Profit from operations | 3,676,498 | 3,375,406 | 1,226,065 | ||
| General and administrative expenses | (2,545,907) | (2,085,518) | (1,469,403) | ||
| Depreciation | (3,519,286) | (2,626,332) | (436,451) | ||
| Write-off of miners | (474,872) | (4,530,950) | |||
| Provision for diminution of miners | (7,364,650) | ||||
| Profit/(Loss) on disposal of miners and other net income | 1,780 | 34,830 | (83,125) | ||
| Changes in value of digital assets | 381,669 | 535,115 | 92,115 | ||
| Finance expense | (286,102) | (31,794) | (18,851) | ||
| Loss before tax | (2,766,220) | (798,293) | (12,585,250) | ||
| Taxation | (103,276) | (111,367) | |||
| Loss after tax | (2,869,496) | (909,660) | (12,585,250) | ||
| Foreign exchange adjustment | 2,596 | (22,049) | (20,053) | ||
| Comprehensive loss for the year | $ (2,866,900) | $ (931,709) | $ (12,605,303) | ||
| Basic loss per ordinary share | [1] | $ (1.21) | $ (0.39) | $ (5.32) | |
| Diluted loss per ordinary share | [1] | $ (1.21) | $ (0.39) | $ (5.32) | |
| Basic average number of ordinary shares outstanding | [1] | 2,369,995 | 2,369,995 | 2,369,995 | |
| Diluted average number of ordinary shares outstanding | [1] | 2,369,995 | 2,369,995 | 2,369,995 | |
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