Stronghold Digital Mining, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 23.35 million compared to USD 17.03 million a year ago. Revenue was USD 23.41 million compared to USD 17.01 million a year ago. Net loss was USD 27.93 million compared to USD 8.42 million a year ago. Basic loss per share from continuing operations was USD 7.4 compared to USD 5.1 a year ago. Diluted loss per share from continuing operations was USD 7.4 compared to USD 5.1 a year ago.
For the full year, sales was USD 105.89 million compared to USD 30.9 million a year ago. Revenue was USD 106.03 million compared to USD 30.92 million a year ago. Net loss was USD 89.26 million compared to USD 11.45 million a year ago. Basic loss per share from continuing operations was USD 34.5 compared to USD 20.3 a year ago. Diluted loss per share from continuing operations was USD 34.5 compared to USD 20.3 a year ago.