CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2026	Dec. 31, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 10,548,000	$ 13,076,000
Restricted cash	25,749,000	36,150,000
Accounts receivable, net	17,034,000	14,548,000
Inventories	5,158,000	4,812,000
Loans receivable, current	2,282,000	187,000
Crypto assets	26,251,000	46,197,000
Prepaid expenses and other current assets	16,277,000	14,732,000
TOTAL CURRENT ASSETS	103,299,000	129,702,000
Crypto assets, restricted	16,666,000
Intangible assets, net	13,417,000	13,673,000
Goodwill	10,108,000	10,326,000
Property and equipment, net	147,050,000	141,988,000
Right-of-use assets	7,677,000	6,651,000
Investments in common stock and equity securities, related party	9,000	15,000
Investments in other equity securities	14,275,000	4,108,000
Other assets	7,059,000	7,244,000
TOTAL ASSETS	319,560,000	313,707,000
CURRENT LIABILITIES
Accounts payable and accrued expenses	60,602,000	39,207,000
Operating lease liability, current	1,974,000	1,776,000
Notes payable, current	88,772,000	82,055,000
Notes payable, related party, current	901,000	1,686,000
Convertible notes payable	4,899,000	6,750,000
Guarantee liability	38,900,000	38,900,000
TOTAL CURRENT LIABILITIES	196,048,000	170,374,000
LONG-TERM LIABILITIES
Operating lease liability, non-current	6,081,000	5,198,000
Notes payable, non-current	2,366,000	1,066,000
Convertible notes payable, non-current	8,471,000	7,843,000
Other long-term liabilities	3,687,000	3,369,000
TOTAL LIABILITIES	216,653,000	187,850,000
STOCKHOLDERS’ EQUITY
Preferred stock, $0.001 par value - 25,000,000 shares authorized; 2,301,686 and 2,299,188 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively (liquidation preference of $90,088,000 as of March 31, 2026)	2,000	2,000
Additional paid-in capital	863,607,000	853,156,000
Accumulated deficit	(767,016,000)	(734,560,000)
Accumulated other comprehensive income	6,000	812,000
TOTAL HYPERSCALE DATA STOCKHOLDERS’ EQUITY	96,993,000	119,757,000
Non-controlling interest	5,914,000	6,100,000
TOTAL STOCKHOLDERS’ EQUITY	102,907,000	125,857,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	319,560,000	313,707,000
Common Class A [Member]
STOCKHOLDERS’ EQUITY
Common Stock, value	370,000	323,000
Common Class B [Member]
STOCKHOLDERS’ EQUITY
Common Stock, value	$ 24,000	$ 24,000

Hyperscale Data, Inc. 10-Q