Big Digital Energy, Inc. (MIGI) Form 10-Q — May 14, 2026
Big Digital Energy, Inc. (formerly Mawson Infrastructure Group) reported Q1 2026 results showing a net income of $0.6 million, but this figure is misleading as it was driven by a $10.2 million non-recurring gain from legal settlements. Underlying operations were weak, with total revenue falling 65% year-over-year to $4.8 million and an operating loss of $8.2 million. The company faces severe liquidity and existential risks, explicitly stating that conditions raise substantial doubt about its ability to continue as a going concern.
Key figures
- Eps
- 0.13
- Revenue
- 4820303
- Net Income
- 609803
- Total Debt
- 26499053
- Cash Position
- 2439705
- Atm Proceeds
- 6411218
- Shares Outstanding
- 5521252
- Legal Settlement Gain
- 10157593
Price after filing
Close on the filing date to close N calendar days later (from $6.30). Historical, not a forecast.
AI analysis
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