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Bit Digital BTBT Prepaid Consulting Service Expenses

Prepaid Consulting Service Expenses at other companies

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$63K-89.7%
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$254K-65.9%
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$599K
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3MMMM
$407M-16.1%
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$1.22M+70.9%
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$68K+25.9%

Other financials

Income statement

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Revenue$27.9M+11.2%
Operating income-$142.9M-173%
Net income-$146.7M-154%
EPS (diluted)-$0.45-40.6%

Balance sheet

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Cash & equivalents$83.9M+36.8%
Total debt$29.7M+103%
Total equity$469.2M+12.4%
Total assets$1.2B+143%

Cash flow

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Operating cash flow-$1.1M-106%
CapEx$169.2M+160%
Free cash flow-$170.3M-258%

Valuation

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Market cap$673.94M+38.7%
Enterprise value$619.77M+41.1%
P/S5.8×+1.1×

Profitability

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Operating margin-156.7%-816pp
Net margin-145.4%+1,071pp
FCF margin-599.3%-855pp

Returns & leverage

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Return on equity-38.2%+67.7pp
Debt / equity0.1×0.0×
Current ratio6.4×+2.5×

Where this comes from

Reported directly by Bit Digital in its filing.

Tagged under the XBRL concept btbt:PrepaidConsultingServiceExpenses.

The official record: Bit Digital’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bit Digital's prepaid consulting service expenses?
Bit Digital (BTBT) reported prepaid consulting service expenses of $747.38K in Q1 2026.
How has Bit Digital's prepaid consulting service expenses changed year-over-year?
Bit Digital's prepaid consulting service expenses decreased by 82.4% year-over-year, from $4.24M to $747.38K.
What is the long-term trend for Bit Digital's prepaid consulting service expenses?
Over 2 years (2023 to 2025), Bit Digital's prepaid consulting service expenses has grown at a 29.9% compound annual growth rate (CAGR), from $931.2K to $1.57M.
What does prepaid consulting service expenses mean?
Payments made to third-party consultants for services to be rendered in future periods, such as technical advisory for AI infrastructure or strategic business development. This metric highlights the company's investment in external expertise to support growth and operational scaling. It represents a commitment of cash that will be recognized as an expense over the duration of the consulting engagement.