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SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION
 3 Months Ended
Mar. 31, 2026
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 three months ended March 31, 2026 were as follows:
$ in thousandsContract Liabilities
Balance as of December 31, 2025
$2,320 
Revenue recognized(366)
Deposits received960 
Balance as of March 31, 2026
$2,914 
The increase in contract liabilities during the three months ended March 31, 2026 is due to prepayments received from the Company’s hosting customer in excess of revenue earned during this period. The decrease in hosting revenue resulted from increased curtailment of the aging hosted miner fleet amid unfavorable hosting economics.
Prepaid expenses and other current assets
The following table provides additional details of prepaid expenses and other current assets as of March 31, 2026 and December 31, 2025:
$ in thousandsMarch 31, 2026December 31, 2025
Prepaid insurance$620 $956 
Other 738 586 
Total$1,358 $1,542 
Other long-term assets
The following table provides additional details of other long-term assets as of March 31, 2026 and December 31, 2025:
$ in thousandsMarch 31, 2026December 31, 2025
Restricted investments - environmental trust$1,757 $1,341 
Security deposit351 351 
Other456 464 
Other long-term assets$2,564 $2,156 
Greenidge had the following non-cash investing and financing activities:
Three Months Ended March 31,
$ in thousands20262025
Property and equipment purchases in accounts payable$34 $34 
Common stock issued in exchange for reduction in debt$— $815 
Shares issued to settle extension fees and accrued interest for stand-by letters of credit$127 $1,370 
The following table provides supplemental cash flow information for cash paid for interest:
Three Months Ended March 31,
$ in thousands20262025
Cash paid for interest$844 $1,434