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Gryphon Digital Mining, Inc. ABTC Impairment Charges
Discontinued — last reported Q4 '23
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Where this comes from
Reported directly by Gryphon Digital Mining, Inc. in its filing.
Tagged under the XBRL concept us-gaap:OtherAssetImpairmentCharges.
The source filing: Gryphon Digital Mining, Inc.’s 10-K, filed March 31, 2025.
- Filed
- Mar 31, 2025
- Fiscal year
- FY2024
- Accession
- 0001213900-25-026404
| Line item | 2024 | 2023 |
|---|---|---|
| Balance, beginning of year | $15,978,000 | $47,599,000 |
| Additions | 1,573,000 | 1,894,000 |
| Disposals | (442,000) | (105,000) |
| Impairment | - | (8,335,000) |
| Revaluation from impairment | - | (25,075,000) |
| Ending balance | $17,109,000 | $15,978,000 |
| Accumulated depreciation | ||
| Balance, beginning of year | $3,062,000 | $13,231,000 |
Item 15. Exhibits, Financial Statement Schedules.
FAQ
- What is Gryphon Digital Mining, Inc.'s impairment charges?
- Gryphon Digital Mining, Inc. (ABTC) reported impairment charges of $8.09M in Q4 2023.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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