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Bit Digital BTBT Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions

Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions at other companies

Bit Digital logo
Bit DigitalBTBT
$1.62M
TFX
TeleflexTFX
$300K+33.3%
Paycom Software logo
Paycom SoftwarePAYC
$250K+25.0%
Wingstop logo
WingstopWING
$0
CHE
ChemedCHE
$34.5K
Silvaco Group, Inc. logo
Silvaco Group, Inc.SVCO
$0

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 us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions.

The official record: Bit Digital’s 10-K, filed March 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bit Digital's unrecognized tax benefits decreases resulting from current period tax positions?
Bit Digital (BTBT) reported unrecognized tax benefits decreases resulting from current period tax positions of $1.62M in Q4 2024.
What does unrecognized tax benefits decreases resulting from current period tax positions mean?
Reflects the reduction in liabilities for uncertain tax positions due to the resolution of tax matters or the expiration of statutes of limitations during the current period. It provides insight into the successful settlement or expiration of tax-related contingencies.