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SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION
Contract liabilities
At times, the Company receives payments from customers before revenue is recognized, resulting in the recognition of a contract liability presented on the Condensed Consolidated Balance Sheets.
Changes in the Contract liability balance for the six months ended June 30, 2025 were as follows:
$ in thousandsContract Liabilities
Balance as of December 31, 2024
$2,339 
Revenue recognized(2,339)
Deposits received861 
Balance as of June 30, 2025
$861 
Prepaid expenses and accrued expenses
$ in thousandsJune 30, 2025December 31, 2024
Prepaid expenses:
Electric deposits$588 $588 
Prepaid insurance534 1,279 
Other 531 750 
Total$1,653 $2,617 
Accrued expenses:
Accrued interest$826 $974 
Other3,201 3,258 
Total$4,027 $4,232 
Greenidge had the following noncash investing and financing activities:
Six Months Ended June 30,
$ in thousands20252024
Cumulative-effect adjustment due to the adoption of ASU 2023-08$— $22 
Property and equipment purchases in accounts payable$34 $2,557 
Common stock issued in exchange for reduction in debt$1,462 $— 
Shares issued to settle extension fees for stand-by letters of credit$1,489 $— 
The following table provides supplemental cash flow information for cash paid for interest:
Six Months Ended June 30,
$ in thousands20252024
Cash paid for interest
$2,874 $3,069