Bitmine Immersion Technologies, Inc. reported results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported revenue of $0.128479 million, down from $0.016567 million a year earlier. Revenue was $0.142126 million compared to $0.016567 million in the prior year. Net loss was $0.523704 million compared to $0.486912 million in the prior year. Basic loss per share from continuing operations was $0.01 compared to $0.01 a year ago. Diluted loss per share from continuing operations was $0.01 compared to $0.01 a year ago.
For the nine months, revenue was $0.261921 million compared to $0.021141 million a year earlier. Revenue was $0.399932 million compared to $0.365841 million a year ago. Net loss was $1.3 million compared to $1.31 million last year. Basic loss per share from continuing operations was $0.03 compared to $0.03 a year ago. Diluted loss per share from continuing operations was $0.03 compared to $0.03 a year ago.
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