---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-22-014087"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:40:01.054970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BitNile posts Q3 revenue $49.8M, net loss $7.5M; declares Series D dividend

## Summary
- Q3 total revenue $49.8M, improved from negative $30.8M in Q3 2021; net loss available to common $7.5M vs $42.9M loss YoY.
- Nine-month revenue $100M, up 124% from $44.6M; cash from operations $12.9M vs ($56.9M) use YoY.
- Cryptocurrency mining revenue $3.9M (vs $0.3M), lending/trading $13.4M (vs negative $38.9M); SMC acquisition added $17.1M.
- Board declares monthly cash dividend $0.2708333 per share on Series D Preferred, record Nov 30, pay Dec 12, 2022.

## SEC filing metadata
- accession: 0001214659-22-014087
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465922014087/0001214659-22-014087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465922014087/f11212218k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-22-014087
- JSON: https://secwatch.observer/filing/0001214659-22-014087.json
- Plain text: https://secwatch.observer/filing/0001214659-22-014087.txt

## Key facts
- Earnings Releases
  Hyperscale Data, Inc. reported nine months ended September 30, 2022 results: revenue $100.0 million, net income $62.0 million.
  - Period: nine months ended September 30, 2022
  - Revenue: $100.0 million
  - Net income: $62.0 million
  - Result: reported results
  source text: · Total revenue of $100.0 million, an increase of 124%, from $44.6 million in the prior nine-month period; · Cash provided by operating activities of $12.9 million, compared to cash used in operating activities of ($56.9) million in the prior nine-month period; · Interest expense of $35.8 million, primarily resulting from the issuance of $66 million of secured promissory notes in December 2021, which were fully paid in March 2022. Interest expense from these notes included the amortization of debt discount of $26.3 million from the issuance of warrants, a non-cash charge, and original issue discount, in connection with these secured promissory notes; and · Net loss available to common stockholders of $62.0 million, compared to net income available to common stockholders of $1.3 million in the prior nine-month period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465922014087/0001214659-22-014087-index.htm
- Earnings Releases
  Hyperscale Data, Inc. reported third quarter ended September 30, 2022 results: revenue $49.8 million, net income $7.5 million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $49.8 million
  - Net income: $7.5 million
  - Result: reported results
  source text: · Total revenue of $49.8 million improved $80.6 million, from negative revenue of ($30.8) million in the prior third fiscal quarter; and · Net loss available to common stockholders of $7.5 million improved $35.4 million, compared to a net loss available to common stockholders of $42.9 million in the prior third fiscal quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465922014087/0001214659-22-014087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.