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.

Gryphon Digital Mining, Inc. ABTC Impairment Charges

Discontinued — last reported Q4 '23

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Segments

By geography

See full

Drumheller$0-100%

Other financials

Income statement

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Revenue$62.1M+403%

Gross profit$32.5M+4,634%

Operating income-$118.2M+12.4%

Net income-$81.8M+18.7%

EPS (diluted)-$0.08+27.3%

Balance sheet

See full

Cash & equivalents$10.1M+536%

Total debt$202.5M+3,698%

Total equity$694.8M+500%

Total assets$1.3B+14,423%

Cash flow

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Operating cash flow-$42.5M+4.8%

CapEx$3.0M+759%

Free cash flow-$1.0M+98.3%

Valuation

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Market cap$750.27M-90.7%

Enterprise value$942.67M—

P/S3.6×—

Profitability

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Gross margin53.3%+12.1pp

Operating margin-105.7%-454pp

Net margin-65.2%-282pp

FCF margin-89%-9.6pp

Returns & leverage

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Return on equity-33.1%-57.2pp

Debt / equity0.3×+0.2×

Current ratio0.1×-0.2×

Where this comes from

Reported directly by Gryphon Digital Mining, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetImpairmentCharges.

The official record: Gryphon Digital Mining, Inc.’s 10-K, filed March 31, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

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.