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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenue $ 32,826,000 $ 13,245,000
Cost of revenue 10,494,000 5,108,000
Gross profit 22,332,000 8,137,000
Operating expenses    
Research and development 695,000 602,000
Selling and marketing 6,481,000 1,242,000
General and administrative 13,687,000 5,092,000
Impairment of mined cryptocurrency 439,000
Total operating expenses 21,302,000 6,936,000
Income from operations 1,030,000 1,201,000
Other income (expenses)    
Interest and other income 449,000 37,000
Change in fair value of equity securities, related party 2,969,000
Interest expense (29,824,000) (314,000)
Change in fair value of marketable equity securities 1,960,000
Realized gain on marketable securities 109,000 397,000
Loss from investment in unconsolidated entity (533,000)
Gain on extinguishment of debt 482,000
Change in fair value of warrant liability (18,000) (679,000)
Total other (expenses) income, net (29,817,000) 4,852,000
(Loss) income before income taxes (28,787,000) 6,053,000
Income tax (provision) benefit (6,000)
Net (loss) income (28,787,000) 6,047,000
Net loss (income) attributable to non-controlling interest 15,000 (1,081,000)
Net (loss) income attributable to Ault Alliance, Inc. (28,772,000) 4,966,000
Preferred dividends (5,000) (4,000)
Net (loss) income available to common stockholders $ (28,777,000) $ 4,962,000
Basic net (loss) income per common share $ (0.32) $ 0.13
Diluted net (loss) income per common share $ (0.32) $ 0.12
Weighted average basic common shares outstanding 90,971,000 39,256,000
Weighted average diluted common shares outstanding 90,971,000 40,202,000
Comprehensive (loss) income    
Net (loss) income available to common stockholders $ (28,777,000) $ 4,962,000
Other comprehensive income (loss)    
Foreign currency translation adjustment (287,000) (93,000)
Other comprehensive (loss) income (287,000) (93,000)
Total comprehensive (loss) income (29,064,000) 4,869,000
Revenue [Member]    
Total revenue 8,659,000 7,905,000
Revenue Cryptocurrency Mining [Member]    
Total revenue 3,548,000 130,000
Hotel Operations [Member]    
Total revenue 2,698,000
Lending And Trading Activities [Member]    
Total revenue $ 17,921,000 $ 5,210,000