secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001628280-23-018199
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge Q1 revenue $15.2M, GAAP net loss $8.8M, adjusted EBITDA loss $1.1M
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- Total revenue $15.2M: hosting $6.9M, self-mining $6.5M.
- GAAP net loss from continuing ops $8.8M; adjusted EBITDA loss $1.1M.
- Produced 698 bitcoins (393 colocation, 305 self-mining).
- Active mining capacity 2.5 EH/s from 24,700 miners as of March 31.
- Cash $17.0M at quarter end; results in line with April 21 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828023018199/0001628280-23-018199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828023018199/gree-20230515.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-018199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer