secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001628280-24-003445
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge reports preliminary Q4 net income $1.4M-$2.4M, first profitable quarter in two years
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- Revenue ~$19.7M; net income $1.4M-$2.4M; EPS $0.18-$0.32.
- Adjusted EBITDA $1.6M-$2.6M; produced 710 bitcoin in Q4 2023.
- Debt reduced by $85.3M in 2023; ended Q4 with $68.7M debt and $13.6M cash.
- Self-mining revenue $7.3M, hosting $10.7M, power/capacity $1.7M in Q4.
- First profitable quarter in two years; full results due March 27, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828024003445/0001628280-24-003445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828024003445/gree-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003445

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