Company: BTBT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044155
Chunk: 8

Company: Bit Digital, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 8
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 (9,321,861)
  
    Lease liability 
     (1,064,735) 
     (460,954)
  
    Other current assets 
     (10,690,340) 
     3,428,276 
  
    Other non-current assets 
     1,536,347  
     140,645 
  
    Accounts receivable 
     2,727,964  
     - 
  
    Accounts payable 
     (917,012) 
     4,786,557 
  
    Other payables and accrued liabilities 
     4,934,594  
     (4,764,318)
  
    Net investment in lease 
     608,581  
     (3,118,145)
  
    Other long-term liabilities 
     (196,343) 
     - 
  
    Income tax payable 
     315,419  
     1,983 
  
    Deferred tax liability 
     354,017  
     1,575,367 
  
    Net Cash Provided by (Used in) Operating Activities 
     17,401,915  
     (20,867,530)

    Cash Flows from Investing Activities: 

    Purchases of and deposits made for property, plant and equipment 
     (64,961,231) 
     (474,409)
  
    Net Cash (Used in) Investing Activities 
     (64,961,231) 
     (474,409)

    Cash Flows from Financing Activities: 

    Net proceeds from issuance of common stock/At-the-market offering 
     10,177,238  
     38,652,407 
  
    Payment of dividends 
     (800,000) 
     - 
  
    Net Cash Provided by Financing Activities 
     9,377,238  
     38,652,407 

    Net (decrease) increase in cash, cash equivalents and restricted cash 
     (38,182,078) 
     17,310,468 
  
    Effect of exchange rate changes on cash, cash equivalents and restricted cash 
     535,754  
     - 
  
    Cash, cash equivalents and restricted cash, beginning of period 
     98,934,127  
     18,180,934 
  
    Cash, cash equivalents and restricted cash