HIVE Announces Quarterly Revenue of $44.2 Million up 13% From The Same Quarter Last Year and Earnings for our 1st Quarter Ended June 30, 2022
As a result, our Bitcoin and Ethereum digital assets generate unrealized gains and losses each quarter.
- As a result, our Bitcoin and Ethereum digital assets generate unrealized gains and losses each quarter.
- It is important that investors understand the differences in operating earnings or losses in addition to Mark-to-market paper gains and losses each quarter.
- Depreciation, amortization, depletion, stock-based compensation, and asset impairments are common non-cash charges that reduce earnings but not cash flows.
- HIVE had non-cash charges of approximately $118.7 million for the past quarter, like many other crypto mining stocks during the big decline in the quarter.