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Bit Digital, Inc.: 10-K filed 2025-03-14

What Bit Digital, Inc. reported in its annual report filed 2025-03-14 (fiscal FY 2024): 50 published measures, 120 facts as tagged in accession 0001013762-25-000307.

This filing

Form
10-K (annual report)
Filed
2025-03-14
Fiscal period
fiscal FY 2024
Accession
0001013762-25-000307 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Bit Digital, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-12-31538,247,664USD
At 2023-12-31189,328,382USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-12-3174,768,515USD
At 2023-12-3136,624,526USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-12-31463,479,149USD
At 2023-12-31152,703,856USD
At 2022-12-3189,933,309USD
At 2021-12-31165,400,806USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2024-12-3195,201,335USD
At 2023-12-3116,860,934USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-01-01 to 2024-12-3128,305,810USD366
2023-01-01 to 2023-12-31-13,893,281USD365
2022-01-01 to 2022-12-31-105,296,603USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-12-31-12,986,996USD366
2023-01-01 to 2023-12-311,105,588USD365
2022-01-01 to 2022-12-31-8,496,028USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-01-01 to 2024-12-3194,002,806USD366
2023-01-01 to 2023-12-3166,659,602USD365
2022-01-01 to 2022-12-3119,333,310USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2024-01-01 to 2024-12-31108,050,720USD366
2023-01-01 to 2023-12-3144,916,131USD365
2022-01-01 to 2022-12-3132,296,593USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-12-31242,857,873USD366
2023-01-01 to 2023-12-3152,223,350USD365
2022-01-01 to 2022-12-3118,713,825USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-12-31-149,022,420USD366
2023-01-01 to 2023-12-31-69,159,064USD365
2022-01-01 to 2022-12-31-18,605,265USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-12-31-98,209,661USD
At 2023-12-31-146,909,292USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-01-01 to 2024-12-31140,346,322shares366
2023-01-01 to 2023-12-3187,534,052shares365
2022-01-01 to 2022-12-3178,614,174shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-01-01 to 2024-12-31141,507,497shares366
2023-01-01 to 2023-12-3187,534,052shares365
2022-01-01 to 2022-12-3178,614,174shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-01-01 to 2024-12-310.2USD/shares366
2023-01-01 to 2023-12-31-0.16USD/shares365
2022-01-01 to 2022-12-31-1.34USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-01-01 to 2024-12-310.19USD/shares366
2023-01-01 to 2023-12-31-0.16USD/shares365
2022-01-01 to 2022-12-31-1.34USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2024-01-01 to 2024-12-313,978,167USD366
2023-01-01 to 2023-12-31279,044USD365
2022-01-01 to 2022-12-31-592,850USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2024-12-31107,302,458USD
At 2023-12-3181,474,649USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-01-01 to 2024-12-319,876,368USD366
2023-01-01 to 2023-12-319,118,812USD365
2022-01-01 to 2022-12-312,262,691USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-3127,563,264USD366
2023-01-01 to 2023-12-31-16,619,709USD365
2022-01-01 to 2022-12-31-107,166,475USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-12-31296,856,935USD
At 2023-12-3183,346,183USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-12-3155,026,604USD
At 2023-12-3127,081,262USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2024-12-313,418,172USD
At 2023-12-312,316,343USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-12-3119,383,291USD
At 2024-10-1119,300,000USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-12-3113,028,730USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2024-12-315,267,863USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-01-01 to 2024-12-3180,487,456USD366
2023-01-01 to 2023-12-3161,535,840USD365
2022-01-01 to 2022-12-31139,463,068USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2024-12-31179,125,205shares
At 2023-12-31107,291,827shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-12-3198,934,127USD
At 2023-12-3118,180,934USD
At 2022-12-3134,011,060USD
At 2021-12-3142,398,528USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2024-12-31553,583,437USD
At 2023-12-31290,660,609USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2024-12-31-1,565,496USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-12-3114,967,569USD
At 2023-12-316,216,255USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-12-3113,806,217USD
At 2023-12-316,200,000USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2024-12-3136,946,762USD
At 2023-12-3120,645,231USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2024-12-3113,028,730USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2024-12-319,579,884USD
At 2023-12-319,290,239USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2024-12-3130,698,458USD
At 2023-12-3113,073,449USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2024-12-3119,346,601USD
At 2023-12-316,912,874USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2024-12-316,409,915USD
At 2023-12-31112,251USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2024-01-01 to 2024-12-3132,283,977USD366
2023-01-01 to 2023-12-31-13,614,237USD365
2022-01-01 to 2022-12-31-105,889,453USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2024-01-01 to 2024-12-3126,740,314USD366
2023-01-01 to 2023-12-31-13,893,281USD365
2022-01-01 to 2022-12-31-105,296,603USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-01-01 to 2024-12-3141,508,279USD366
2023-01-01 to 2023-12-3127,668,592USD365
2022-01-01 to 2022-12-3122,984,784USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-01-01 to 2024-12-3132,166,613USD366
2023-01-01 to 2023-12-3114,426,733USD365
2022-01-01 to 2022-12-3127,829,730USD365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2024-01-01 to 2024-12-315,579,796USD366
2023-01-01 to 2023-12-313,162,412USD365
2022-01-01 to 2022-12-31-1,116,276USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-01-01 to 2024-12-314,720,713USD366
2023-01-01 to 2023-12-313,005,472USD365
2022-01-01 to 2022-12-311,277,022USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-404,290USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2024-01-01 to 2024-12-31131,906USD366
2023-01-01 to 2023-12-31-632,820USD365
2022-01-01 to 2022-12-31734,200USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2023-01-01 to 2023-12-3145,250,801USD365
2022-01-01 to 2022-12-3121,010,000USD365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2024-01-01 to 2024-12-313,523,479USD366
2023-01-01 to 2023-12-31100,000USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-314,666,006USD366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-313,504,771USD366
2023-01-01 to 2023-12-31692,854USD365
2022-01-01 to 2022-12-313,163,976USD365

Inspect the source

Entity
Bit Digital, Inc. / CIK 0001710350
Captured
2026-09-21T17:26:40.458Z
SEC response SHA-256
488dc33c12e734ca3a15ca537ae9a69a07ee02b23633be37521a91c731f39147

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001710350.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))