Gryphon Digital Mining(GRYP)
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Gryphon Digital Mining(GRYP) - 2021 Q4 - Annual Report
2022-03-31 19:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39096 AKERNA CORP. (Exact name of registrant as specified in its charter) | Delaware | 83-2242651 | | --- | --- | | (State or other jurisdiction ...
Gryphon Digital Mining(GRYP) - 2021 Q3 - Quarterly Report
2021-11-12 19:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from / to Commission file number 001-39096 (Exact name of registrant as specified in its charter) | Delaware | 83-2242651 | | --- | --- | | (State or other jurisdiction o ...
Gryphon Digital Mining(GRYP) - 2021 Q2 - Quarterly Report
2021-08-12 21:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from / to Commission file number 001-39096 AKERNA CORP. (Exact name of registrant as specified in its charter) | Delaware | 83-2242651 | | --- | --- | | (State or other jurisd ...
Gryphon Digital Mining(GRYP) - 2021 Q1 - Quarterly Report
2021-05-21 18:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) | Delaware | 83-2242651 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | 1550 Larimer Street, #246 Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, i ...
Gryphon Digital Mining(GRYP) - 2020 Q3 - Quarterly Report
2020-11-16 20:20
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from / to Commission file number 001-39096 AKERNA CORP. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name of ea ...
Gryphon Digital Mining(GRYP) - 2020 Q4 - Annual Report
2020-09-29 01:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39096 AKERNA CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 1630 Welton ...
Gryphon Digital Mining(GRYP) - 2020 Q1 - Quarterly Report
2020-05-15 10:08
Revenue Growth - Total revenue for the nine months ended March 31, 2020, was $9,569,638, representing a 33% increase compared to $7,201,191 for the same period in 2019[120] - Total revenue increased to $9.6 million for the nine months ended March 31, 2020, up from $7.2 million for the same period in 2019, representing a 33% increase[121] - Total revenue for the three months ended March 31, 2020, was $3.1 million, an increase of $0.7 million or 32% compared to $2.3 million for the same period in 2019[134] Software and Consulting Revenue - Software revenue increased by 16% to $7,148,964, while consulting revenue surged by 172% to $2,248,947 during the same period[120] - Software revenue rose to $7.1 million for the nine months ended March 31, 2020, compared to $6.2 million in the prior year, marking a 16% increase, with MJ Platform driving a 27% growth in revenue[122] - Consulting revenue surged to $2.2 million for the nine months ended March 31, 2020, from $0.8 million in the same period of 2019, reflecting a 172% increase[124] - Total software revenue increased to $2.3 million for the three months ended March 31, 2020, up 16% from $2.0 million in the same period of 2019, accounting for 76% of total revenue[135] - Consulting revenue surged to $0.7 million for the three months ended March 31, 2020, a 219% increase from $0.2 million in the same period of 2019, representing 23% of total revenue[137][138] Profitability and Expenses - Gross profit for the nine months ended March 31, 2020, was $5,112,528, with a gross profit margin of 53.4%, up from 50.7% in the previous year[120] - Gross profit for the nine months ended March 31, 2020, was $5.1 million, an increase of $1.5 million or 40%, with a gross profit margin of 53.4%[128] - Gross profit for the three months ended March 31, 2020, was $1.6 million, a 42% increase from $1.2 million in the same period of 2019, with a gross profit margin of 53.7%[141] - Operating expenses rose significantly by 74% to $17,905,798, driven by a 40% increase in product development expenses and an 87% increase in selling, general, and administrative expenses[120] - Operating expenses increased to $17.9 million for the nine months ended March 31, 2020, up from $10.3 million in the prior year, a rise of 74%[130] - Total operating expenses rose to $7.1 million for the three months ended March 31, 2020, a 95% increase from $3.7 million in the same period of 2019[143] Net Loss and Cash Flow - The net loss attributable to Akerna stockholders for the nine months ended March 31, 2020, was $(12,533,587), a 90% increase compared to $(6,580,157) in the prior year[120] - Cash used in operating activities increased to $11.6 million during the nine months ended March 31, 2020, compared to $6.4 million in the same period of 2019, primarily driven by a net loss of $12.6 million[147] - Cash and restricted cash balance was $14.8 million as of March 31, 2020, down from $22.4 million as of June 30, 2019[147] Strategic Plans and Market Position - The company has helped monitor legal compliance for over $18 billion in cannabis sales to date, indicating a strong market presence[103] - Consulting services are expected to grow as more states emerge with legalization reforms, driven by the company's established reputation in the cannabis industry[112] - The company’s platforms, Leaf Data Systems and MJ Platform, provide comprehensive solutions for regulatory compliance and inventory management in the cannabis sector[104] - The company is expanding features for MJ Platform and Leaf Data Systems through acquisitions and partnerships, enhancing customer experience and value[108] - The company expects to continue investing in marketing and sales to expand domestic and international activities and build brand awareness[132] - The company plans to implement a cost reduction plan expected to reduce recurring operating expenses by $2 million to $3 million annually[151] - The company anticipates that current cash will be sufficient to meet working capital requirements for the next twelve months[151] - The company is exploring strategic business opportunities, including investments in technology companies through acquisitions and joint ventures[151]
Gryphon Digital Mining(GRYP) - 2019 Q3 - Quarterly Report
2019-11-14 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 AKERNA CORP. (Exact name of registrant as specified in its charter) | Delaware | 83-2242651 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | 1601 Arapahoe St., Denver, Colorado 80202 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSU ...
Gryphon Digital Mining(GRYP) - 2019 Q4 - Annual Report
2019-09-23 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 333-228220 AKERNA CORP. (Exact name of registrant as specified in its charter) Delaware 83-2242651 (State or other jurisdiction of incorporation or orga ...