v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Total revenue $ 102,112,000 $ 106,662,000
Total cost of revenue 80,539,000 82,445,000
Gross profit 21,573,000 24,217,000
Operating expenses    
General and administrative 50,034,000 35,245,000
Selling and marketing 18,337,000 14,019,000
Research and development 4,834,000 11,011,000
Change in fair value of crypto assets 7,640,000 (30,000)
Impairment of property and equipment 2,996,000 19,446,000
Impairment of goodwill and intangible assets 1,500,000
Total operating expenses 83,841,000 81,191,000
Loss from operations (62,268,000) (56,974,000)
Other income (expense):    
Interest and other income 2,770,000 2,206,000
Interest expense (16,120,000) (20,661,000)
Gain on conversion of investment in equity securities to marketable equity securities 17,900,000
(Loss) gain on extinguishment of debt (3,432,000) 2,981,000
Loss from investment in unconsolidated entity (1,958,000)
Impairment of equity securities (6,266,000)
Change in fair value of embedded derivative liabilities 3,181,000 990,000
Gain on deconsolidation of subsidiary 12,377,000
(Loss) gain on the sale of fixed assets (1,802,000) 79,000
Total other expense, net (3,026,000) (4,729,000)
Loss before income taxes (65,294,000) (61,703,000)
Income tax provision 253,000 56,000
Net loss from continuing operations (65,547,000) (61,759,000)
Net loss from discontinued operations (779,000)
Net loss (65,547,000) (62,538,000)
Net (loss) income attributable to non-controlling interest (850,000) 6,334,000
Net loss attributable to Hyperscale Data (66,397,000) (56,204,000)
Preferred dividends (8,642,000) (5,277,000)
Net loss attributable to common stockholders $ (75,039,000) $ (61,481,000)
Basic and diluted net loss per common share:    
Basic net loss per common share continuing operations $ (0.83) $ (67.23)
Diluted net loss per common share continuing operations (0.83) (67.23)
Basic net loss per common share discontinued operations (0.86)
Diluted net loss per common share discontinued operations (0.86)
Basic net loss per common share (0.83) (68.09)
Diluted net loss per common share $ (0.83) $ (68.09)
Weighted average basic common shares outstanding 90,709,000 903,000
Weighted average diluted common shares outstanding 90,709,000 903,000
Comprehensive income (loss)    
Net loss attributable to common stockholders $ (75,039,000) $ (61,481,000)
Foreign currency translation adjustment 949,000 (66,000)
Other comprehensive income (loss) 949,000 (66,000)
Total comprehensive loss (74,090,000) (61,547,000)
Crane Operations [Member]    
Total revenue 45,459,000 47,475,000
Total cost of revenue 29,261,000 30,745,000
Digital Assets Mining [Member]    
Total revenue 21,307,000 30,598,000
Total cost of revenue 27,348,000 34,338,000
Hotel and real estate operations [Member]    
Total revenue 20,235,000 18,891,000
Total cost of revenue 12,832,000 12,928,000
Lending and Trading Activities [Member]    
Total revenue 1,728,000 1,893,000
Total cost of revenue 2,947,000 (1,205,000)
Other [Member]    
Total revenue 13,383,000 7,805,000
Total cost of revenue $ 8,151,000 $ 5,639,000