Stronghold Digital Mining, Inc. financial data

Symbol
SDIG on Nasdaq
Industry
Finance Services
Location
595 Madison Avenue, 28 Th Floor, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 44 % -22.1%
Quick Ratio 11.1 % +63.7%
Debt-to-equity 185 % +43.8%
Return On Equity -50.2 % +54.3%
Return On Assets -16.2 % +63.3%
Operating Margin -63.3 % +49.7%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 13M shares +117%
Entity Public Float 23M USD -30.3%
Common Stock, Value, Issued 1.3K USD +114%
Weighted Average Number of Shares Outstanding, Basic 14.4M shares +133%
Weighted Average Number of Shares Outstanding, Diluted 14.4M shares +133%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 86.1M USD -0.59%
General and Administrative Expense 31.2M USD -23.2%
Costs and Expenses 141M USD -28.1%
Operating Income (Loss) -54.5M USD +50%
Nonoperating Income (Expense) -4.43M USD +93.8%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -27M USD +71.8%
Earnings Per Share, Basic -0.49 USD/shares +98.5%
Earnings Per Share, Diluted -0.49 USD/shares +98.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.88M USD
Accounts Receivable, after Allowance for Credit Loss, Current 570K USD -75.6%
Inventory, Net 4.47M USD +7.24%
Other Assets, Current 2.11M USD +101%
Assets, Current 15.1M USD -13.5%
Operating Lease, Right-of-Use Asset 1.11M USD -35.7%
Other Assets, Noncurrent 199K USD
Assets 153M USD -18.4%
Accounts Payable, Current 13.1M USD -19.1%
Employee-related Liabilities, Current 0 USD -100%
Accrued Liabilities, Current 11.6M USD +33.9%
Liabilities, Current 44.2M USD +51.2%
Long-term Debt and Lease Obligation 38.5M USD
Contract with Customer, Liability, Noncurrent 67.2K USD -75.8%
Operating Lease, Liability, Noncurrent 500K USD -54.4%
Other Liabilities, Noncurrent 2.57M USD
Liabilities 101M USD +6%
Retained Earnings (Accumulated Deficit) -337M USD -13%
Stockholders' Equity Attributable to Parent 41.7M USD -49.3%
Liabilities and Equity 153M USD -18.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 5.86M USD
Net Cash Provided by (Used in) Financing Activities -2.47M USD +31%
Net Cash Provided by (Used in) Investing Activities -64.6K USD +99.5%
Common Stock, Shares Authorized 685M shares 0%
Common Stock, Shares, Issued 13M shares +117%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.32M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.88M USD -4.47%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.24M USD +0.73%
Deferred Tax Assets, Valuation Allowance 55M USD +34.4%
Deferred Tax Assets, Gross 55M USD +34.4%
Operating Lease, Liability 1.56M USD -14.2%
Depreciation 37.9M USD -1.93%
Lessee, Operating Lease, Liability, to be Paid 1.76M USD -18.3%
Operating Lease, Liability, Current 669K USD -7.72%
Lessee, Operating Lease, Liability, to be Paid, Year Two 613K USD -18.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 918K USD +19.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 193K USD -41.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 227K USD -49.5%
Preferred Stock, Shares Issued 21.6K shares -98.1%
Preferred Stock, Shares Authorized 23.1K shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD -100%
Additional Paid in Capital 379M USD -0.48%
Preferred Stock, Shares Outstanding 21.6K shares -98.1%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 6.03M USD -59.7%
Interest Expense 9.73M USD -27.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%