Greenidge Generation(US:GREE)2025-11-13 13:31Financial Performance - Total revenue for Q3 2025 was $15.2 million, an increase of $2.3 million from Q2 2025[5] - Net income for Q3 2025 was $12.0 million, improving by $16.1 million from Q2 2025[5] - EBITDA for Q3 2025 was $15.2 million, an increase of $15.4 million from Q2 2025[5] - Adjusted Free Cash Flow for Q3 2025 was $4.3 million, improving by $6.4 million from Q2 2025[5] Revenue Sources - Power and capacity revenue increased by 83% to $4.7 million compared to the previous quarter[5] Debt Management - The company reduced its senior unsecured debt due October 2026 by 47.2% to $38 million[5] Operational Efficiency - The efficiency of the current active miner fleet improved by 10% to 21.3 J/TH from 23.7 J/TH[5] - The company produced a total of 95 Bitcoins in Q3 2025, a decrease of 15 from Q2 2025[5] Cash Position - Greenidge ended the quarter with $7.6 million in cash and $6.1 million in Bitcoin[4] Regulatory Developments - A landmark agreement with NYSDEC was announced, providing a pathway for a new five-year Title V Air Permit[2]