Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 435

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 435
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   1,395,000 |   |
| Common stock issued for vesting of RSUs                        |     |       28,070 |     |   |     — |     |            |     55,000 |   |     |              |       — |   |     |             |           — |   |     |               |      55,000 |   |
| Common stock issued for exercise of warrants                   |     |      165,622 |     |   |     — |     |            |          — |   |     |              |       — |   |     |             |           — |   |     |               |           — |   |
| Common stock issued for acquisition of Akerna’s net book value |     |    2,910,026 |     |   |     — |     |            | (2,256,000 | ) |     |              |       — |   |     |             |           — |   |     |               |  (2,256,000 | ) |
| Cancelation of stock subscription receivable                   |     |            — |     |   |     — |     |            |    (25,000 | ) |     |              |  25,000 |   |     |             |           — |   |     |               |           — |   |
| Net loss                                                       |     |            — |     |   |     — |     |            |          — |   |     |              |       — |   |     |             | (11,744,000 | ) |     |               | (11,744,000 | ) |
| Balance March 31, 2024                                         |     |   38,013,164 |     | $ | 3,000 |     | $          | 45,767,000 |   |     | $            |       — |   |     | $           | (58,180,000 | ) |     | $             | (12,410,000 | ) |

See accompanying notes to these unaudited condensed consolidated financial statements

F-4

Gryphon Digital Mining, Inc and Subsidiaries
Unaudited Condensed Consolidated Statement of Cash Flows
For the Three Months Ended March 31,

| CASH FLOWS FROM OPERATING ACTIVITIES                                                 |     | 2025 |            |   |     | 2024 |             |   |
|:--------------------------------------------------------------------------------