NEW YORK CITY, NY / ACCESS Newswire / Could 4, 2026 /
Monetary Outcomes Abstract (unaudited)
Consensus Mining & Seigniorage Company (“CMSG” or “the Firm”) introduced a web loss for the quarter ended March 31, 2026 of $6.6 million, or $2.95 per share, as in comparison with a web lack of $2.7 million, or $1.19 per share, for the primary quarter of 2025.
E book worth per share decreased to $38.33 at March 31, 2026 as in comparison with $41.28 at March 31, 2025.
The Firm generated $0.5 million in mining income for the quarter as in comparison with $1.4 million for the quarter ended March 31, 2025. The lower was because of the mixed impact of much less bitcoin mined in 2026 as in comparison with 2025 and at a decrease common worth. Equally, the Firm’s outcomes from scrypt mining additionally declined because of decrease mining reward volumes and a decrease common worth, primarily associated to Dogecoin.
The Firm has Bitcoin mining operations of 107 petahash and scrypt mining operations for Litecoin/Dogecoin of 4,872 gigahash as of March 31, 2026.
In the course of the first quarter of 2026, the Firm mined 3.7 Bitcoin (BTC) and 504 Litecoin (LTC), all of which had been retained. As well as, because of the scrypt mining course of, the Firm mined roughly 1.8 million Dogecoin (DOGE), which had been offered for roughly $0.2 million. A portion of the DOGE mining rewards was used to amass 0.5 BTC, bringing the entire quantity of Bitcoin added for the quarter to 4.2 Bitcoin.
The Firm’s quarter-end cryptocurrency holdings had been primarily 350 BTC and 13,233 LTC, which had been valued at $23.9 million and $0.7 million respectively. The worth of all cryptocurrency holdings was $24.7 million at March 31, 2026.
The price of income, a determine that largely consists of internet hosting prices, was $0.6 million for the primary quarter of 2026, in step with $0.7 million for the comparable quarter within the prior 12 months.
Working expenses-which included a $1.1 million impairment loss, recurring depreciation of mining tools in addition to normal administrative expenses-increased to $1.9 million within the first quarter of 2026 in comparison with $0.8 million for the primary quarter of 2025.
The Firm reported an working lack of $1.9 million for the primary quarter of 2026, as in comparison with an working lack of $0.1 million for the comparable interval of 2025.
Non-operating earnings (expense) for the primary quarter of 2026, together with adjustments within the honest worth of our cryptocurrency holdings-coupled with curiosity income-was a lack of $6.5 million, in comparison with a lack of $3.2 million within the first quarter of 2025. The lower was primarily a results of depreciation of our cryptocurrency holdings.
Upcoming Shareholder Name
The Firm has additionally introduced an upcoming shareholder name on Could 7, 2026.
Thursday, Could 7, 2026 4:15 pm ET
On-line Webinar: REGISTER HERE
Telephone Entry: +1 (415) 655-0060 Entry Code: 926-307-834
Solely on-line contributors can submit questions in the course of the webinar.
Consensus Mining & Seigniorage Company (OTCQX:CMSG) is a cryptocurrency mining firm created with strategic partnerships in internet hosting, restore, and administration. This permits CMSG to function with minimal overhead and enhanced profitability, and with a conservative capital construction that permits for versatile and affected person capital allocation. For extra info, please go to http://www.consensusmining.com.
Investor Relations Contact: [email protected]
Consensus Mining & Seigniorage Company
Steadiness Sheets
|
March 31, |
December 31, |
|||||||
|
2026 |
2025 |
|||||||
|
(unaudited) |
||||||||
|
Belongings |
||||||||
|
Present belongings |
||||||||
|
Money and money equivalents |
$ |
60,793,261 |
$ |
60,533,066 |
||||
|
Federal tax receivable |
338,651 |
344,777 |
||||||
|
Pay as you go bills |
65,270 |
198,441 |
||||||
|
Different receivables |
175,658 |
80,498 |
||||||
|
Loans receivable – associated celebration |
– |
370,130 |
||||||
|
Complete present belongings |
61,372,840 |
61,526,912 |
||||||
|
Non-current belongings |
||||||||
|
Property and tools, web |
1,735,328 |
3,395,958 |
||||||
|
Digital belongings, web |
24,653,757 |
31,332,392 |
||||||
|
Complete non-current belongings |
26,389,085 |
34,728,350 |
||||||
|
Complete Belongings |
$ |
87,761,925 |
$ |
96,255,262 |
||||
|
Liabilities and Stockholders’ Fairness |
||||||||
|
Present liabilities |
||||||||
|
Accrued taxes |
$ |
38,949 |
$ |
18,577 |
||||
|
Accrued accounting charges |
47,662 |
83,647 |
||||||
|
Accrued internet hosting charges |
– |
9,809 |
||||||
|
Different accrued bills |
18,417 |
43,803 |
||||||
|
Complete present liabilities |
105,028 |
155,836 |
||||||
|
Non-current liabilities |
||||||||
|
Deferred tax liabilities, web |
1,414,138 |
3,210,612 |
||||||
|
Complete Liabilities |
1,519,166 |
3,366,448 |
||||||
|
Commitments and contingencies (Be aware 5) |
||||||||
|
Stockholders’ Fairness |
||||||||
|
Widespread inventory ($0.01 par worth, 5,000,000 shares approved, 2,250,009 issued and excellent) |
22,500 |
22,500 |
||||||
|
Extra paid-in capital |
86,286,813 |
86,286,813 |
||||||
|
(Accrued deficit) retained earnings |
(66,554 |
) |
6,579,501 |
|||||
|
Complete Stockholders’ Fairness |
86,242,759 |
92,888,814 |
||||||
|
Complete Liabilities and Stockholders’ Fairness |
$ |
87,761,925 |
$ |
96,255,262 |
||||
Consensus Mining & Seigniorage Company
Statements of Operations
|
Three Months Ended March 31, |
||||||||
|
2026 |
2025 |
|||||||
|
(unaudited) |
||||||||
|
Digital asset mining revenues |
$ |
504,542 |
$ |
1,350,315 |
||||
|
Price of revenues – internet hosting charges |
568,392 |
670,546 |
||||||
|
Working bills: |
||||||||
|
Depreciation expense |
555,374 |
602,642 |
||||||
|
Losses on disposals, web |
35,928 |
49,211 |
||||||
|
Impairment of property & tools |
1,069,328 |
– |
||||||
|
Common and administrative bills |
193,158 |
126,947 |
||||||
|
Complete working bills |
1,853,788 |
778,800 |
||||||
|
Working loss |
(1,917,638 |
) |
(99,031 |
) |
||||
|
Non-operating earnings (expense): |
||||||||
|
Web change in unrealized depreciation on digital belongings |
(7,021,294 |
) |
(3,786,659 |
) |
||||
|
Curiosity earnings |
510,186 |
614,681 |
||||||
|
Realized loss on sale of digital belongings |
(1,419 |
) |
(7,936 |
) |
||||
|
Different expense |
(506 |
) |
– |
|||||
|
Complete non-operating earnings |
(6,513,033 |
) |
(3,179,914 |
) |
||||
|
Loss earlier than earnings taxes |
(8,430,671 |
) |
(3,278,945 |
) |
||||
|
(Profit from) provision for earnings taxes |
(1,784,616 |
) |
(595,500 |
) |
||||
|
Web loss |
$ |
(6,646,055 |
) |
$ |
(2,683,445 |
) |
||
|
Primary and diluted web loss per share |
$ |
(2.95 |
) |
$ |
(1.19 |
) |
||
|
Weighted common shares (fundamental and diluted) |
2,250,009 |
2,250,009 |
||||||
About CMSG
Consensus Mining & Seigniorage Company (OTCQX: CMSG) is a cryptocurrency mining firm created with strategic partnerships in internet hosting, restore, and administration. This permits CMSG to function with minimal overhead and enhanced profitability, and with a conservative capital construction that permits for versatile and affected person capital allocation. For extra info, please go to http://www.consensusmining.com.
Investor Relations Contact:
SOURCE: Consensus Mining & Seigniorage Company
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