Tue, May 20, 8:34 PM (32 days ago)
**Hyperscale Data, Inc. (GPUS) Q1 2025 Financial Summary** **Financial Health:** - **Cash Position:** $4.2 million in cash and cash equivalents (excluding $20.4 million in restricted cash). - **Working Capital:** Negative working capital of $149.1 million. - **Debt:** Significant debt obligations and substantial doubt about the ability to continue as a going concern. **Performance Metrics:** - **Revenue:** $25.021 million, down 35% YoY. - **Profit Margins:** Gross margin declined to 21% from 47% YoY. - **Operating Expenses:** $11.667 million, down from $14.531 million YoY. - **Net Loss:** $4.723 million, compared to a net income of $10.852 million YoY. **Cash Flow:** - **Operating Cash Flow:** Net cash used in operating activities was $3.959 million. - **Investing Cash Flow:** Net cash used in investing activities was $1.171 million. - **Financing Cash Flow:** Net cash provided by financing activities was $4.714 million. **Earnings Changes:** - **Revenue Decline:** Significant revenue decline in crypto mining and lending/trading activities. - **Operating Losses:** Operating losses impacted by lower revenue and increased costs. **Quarterly Performance Discussion:** - **Revenue Trends:** Decline in crypto mining revenue due to Bitcoin halving and increased mining difficulty. - **Operating Expenses:** Reduction in selling and marketing expenses, but increased general and administrative expenses. - **Cash Flow Trends:** Negative cash flow from operations, offset by financing activities. **Uncertainties:** - **Liquidity Concerns:** Significant doubt about the ability to continue as a going concern. - **Debt Obligations:** Need to raise additional capital to meet debt obligations. **Future Operations Impact:** - **Capital Raising:** Plans to raise capital through equity or debt securities and selling crypto assets. - **Strategic Initiatives:** Focus on monetization opportunities and maximizing value for stockholders. **Ticker:** GPUS **Full Name:** Hyperscale Data, Inc.