Bitcoin Mining and AI w/ Hive Digital Technologies
Bitcoin Magazine Podcast
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The Impact of Non-Cash Impairments on the Company's Financials
The company made over 30 million last fiscal year right and on top of that there's all these not you know impairments depreciations etc. They're impairing real estate, they're impairing deposits like things that you just wouldn't think would normally be impaired so that creates a lot of non-cash and negative charges but when you just look at the revenue the cost of goods sold and then your G&A which are cash costs the business it over 30 million of earnings on a on a cash basis which I think is very remarkable. We have a very lean team for you know we work around the clock so and our fiscal year goes from April 2022 to March of 2023 so I
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