Company research
POWERCOMPUTE, INC.
CIK 1640384Updated Sep 24, 2026
Historical securities (2)
LMFA · NASDAQ · etf · closed Jul 21, 2026LMFAW · NASDAQ · warrant · closed Dec 3, 2024PWCM price & chart
Loading TradingView…
NASDAQ:PWCM on TradingView ↗About the company
PowerCompute, Inc. (Nasdaq: PWCM) is a Bitcoin treasury and mining company expanding into high-performance computing and artificial intelligence infrastructure. Founded in 2008 and headquartered in Tampa, Florida, the Company operates 26 megawatts of wholly-owned power infrastructure across facilities in Oklahoma and Mississippi. The Company also operates a technology-enabled specialty finance business providing funding to nonprofit community associations primarily in the State of Florida. For more information, please visit https://www.power-compute.com.
In the news
PowerCompute Regains Compliance with Nasdaq Minimum Bid Price Requirement ↗
Seeking Alpha
PowerCompute, Inc. 2026 Q2 - Results - Earnings Call Presentation ↗
PowerCompute outlines $20M-$50M annual revenue potential as it pivots 26 MW power footprint toward AI hosting ↗
PowerCompute, Inc. (PWCM) Q2 2026 Earnings Call Transcript ↗
SEC disclosures
POWERCOMPUTE, INC. files 8-K: Material Event ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Show 5 more recent filings
SCHEDULE 13G/A filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD Disclosure
Items 1.01, 2.03, 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD Disclosure
Items 1.01, 2.03, 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 51,316,226Source | 44,047,225Source | 37,712,797Source | 53,189,618Source |
| Property, Plant and Equipment, NetUSD | 9,917,350Source | 18,376,948Source | 24,519,610Source | 27,192,317Source |
| Current assets: | ||||
| Assets, CurrentUSD | 23,498,173Source | 13,506,604Source | 10,153,567Source | 10,491,661Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,198,486Source | 827,237Source | 4,067,212Source | 1,233,322Source |
| Operating Lease, Right-of-Use AssetUSD | 268,236Source | 360,947Source | 189,009Source | 265,658Source |
| Other Assets, NoncurrentUSD | 384,234Source | 73,857Source | 86,798Source | 10,726Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 22,439,432Source | 8,704,666Source | 2,851,499Source | 2,392,389Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 13,592Source | 4,602Source | 2,493Source | 13,092Source |
| Retained Earnings (Accumulated Deficit)USD | -92,582,928Source | -65,662,731Source | -58,961,461Source | -43,017,207Source |
| Stockholders' Equity Attributable to ParentUSD | 30,617,585Source | 37,027,341Source | 36,186,408Source | 49,191,226Source |
| Additional Paid in Capital, Common StockUSD | 123,186,921Source | 102,685,470Source | 95,145,376Source | 92,195,341Source |
| Liabilities and EquityUSD | 51,316,226Source | 44,047,225Source | 37,712,797Source | 53,189,618Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 19,916,562Source | 1,562,786Source | 2,765,724Source | 2,212,992Source |
| Operating Lease, Liability, CurrentUSD | 97,852Source | 89,502Source | 110,384Source | 90,823Source |
| Operating Lease, Liability, NoncurrentUSD | 178,269Source | 280,306Source | 85,775Source | 179,397Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,740,791Source | -1,684,782Source | -1,325,110Source | 1,606,003Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -26,975,191Source | -7,655,432Source | -18,875,367Source | -27,883,287Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 8,171,570Source | 7,774,161Source | 4,983,480Source | 478,020Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 0Source | 76,322Source | 1,095,705Source | 1,098,331Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -13,987,759Source | -11,946,179Source | -3,404,681Source | -9,136,039Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -19,543,085Source | 379,421Source | 2,299,537Source | -18,886,107Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,206,954Source | 1,732,472Source | 1,625,284Source | 15,382Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 7,973,666Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 31,577,118Source | 12,543,079Source | -731,031Source | -299,033Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 692,535Source | 430,232Source | — | — |
| Income Taxes Paid, NetUSD | 0Source | 0Source | — | 2,057,710Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 700,000Source | 500,000Source | 1,800,000Source | 16,600,000Source |
| Amortization of Debt Issuance CostsUSD | 255,968Source | 35,435Source | — | — |
| Amortization of Intangible AssetsUSD | 232,509Source | 18,324Source | — | — |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | 0Source | 4,420Source | -349,920Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -179,972Source | -1,097,433Source | -9,771,050Source | 4,423,985Source |
| Debt Securities, Realized Gain (Loss)USD | — | — | — | 287,778Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | -501,800Source | -136,100Source | -9,389Source | -38,054Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | -179,972Source | -1,097,433Source | -9,771,050Source | 4,423,985Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | -9,389Source | -38,054Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | 38,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 60,571Source | 1,438,066Source |
| Investment Income, InterestUSD | — | — | 249,586Source | — |
| Marketable Securities, Unrealized Gain (Loss)USD | 10,330Source | 9,190Source | 13,570Source | -56,830Source |
| Net Income (Loss) Attributable to ParentUSD | -26,920,197Source | -7,315,376Source | -15,944,254Source | -29,240,201Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -54,994Source | -340,056Source | -2,931,113Source | 1,356,914Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -28,499,217Source | -14,110,300Source | — | — |
| Operating ExpensesUSD | 31,729,620Source | 17,461,199Source | 23,046,009Source | 26,409,936Source |
| Operating Lease, ExpenseUSD | 288,000Source | 169,000Source | 109,000Source | 108,000Source |
| Proceeds from Issuance of Common StockUSD | 27,268,900Source | 2,148,689Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 0Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 8,844,733Source | 10,999,648Source | 12,984,090Source | 1,733,951Source |
| Selling, General and Administrative ExpenseUSD | 1,582,568Source | 817,041Source | 851,806Source | 635,268Source |
| Operating Income (Loss)USD | -22,884,887Source | -6,461,551Source | -10,061,919Source | -24,675,985Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -26,975,191Source | -7,655,432Source | -18,814,796Source | -26,445,221Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 60,571Source | 1,438,066Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -54,994Source | -340,056Source | -2,931,113Source | 1,356,914Source |
| Net Income (Loss) Attributable to ParentUSD | -26,920,197Source | -7,315,376Source | -15,944,254Source | -29,240,201Source |
| Earnings Per Share, BasicUSD per share | -3.28Source | -5.02Source | -6.98Source | -2.23Source |
| Earnings Per Share, DilutedUSD per share | -3.28Source | -5.02Source | -6.98Source | -2.23Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,700,377Source | 2,808,064Source | 2,283,836Source | 13,084,185Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,700,377Source | 2,808,064Source | 2,283,836Source | 13,084,185Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 232,509Source | 18,324Source | — | — |
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | 60,571Source | 1,438,066Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | 0Source | 4,420Source | -349,920Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -179,972Source | -1,097,433Source | -9,771,050Source | 4,423,985Source |
| Debt Securities, Realized Gain (Loss)USD | — | — | — | 287,778Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 8,171,570Source | 7,774,161Source | 4,983,480Source | 478,020Source |
| Interest ExpenseUSD | 1,124,685Source | 443,700Source | — | — |
| Investment Income, InterestUSD | — | — | 249,586Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -28,499,217Source | -14,110,300Source | — | — |
| Operating ExpensesUSD | 31,729,620Source | 17,461,199Source | 23,046,009Source | 26,409,936Source |
| Operating Lease, ExpenseUSD | 288,000Source | 169,000Source | 109,000Source | 108,000Source |
| Other Cost and Expense, OperatingUSD | 1,127,317Source | 899,569Source | 999,959Source | 1,514,224Source |
| Other IncomeUSD | 0Source | 4,000Source | 639,000Source | — |
| Preferred Stock Dividends and Other AdjustmentsUSD | 1,579,020Source | 6,794,924Source | — | — |
Filing attachments
lmfa-ex99_1.htm · 8-K · 2026-09-23
PowerCompute Miner Refresh Expected to Deliver Nearly 39% More Hashrate Per Machine Replaced August 2026 BTC Balance of 323 Bitcoin Valued at $27.8 Million 1,000 new Bitmain XP miners to be installed September 2026 and 940 additional miners ordered for October with existing cash reserves TAMPA, FL, September 23, 2026 - PowerCompute, Inc. (Nasdaq: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining company expanding into high-performance computing (“HPC”) and artificial inte…
Read attachment ↗lmfa-ex99_1.htm · 8-K · 2026-09-09
EX-99.1 2 lmfa-ex99_1.htm EX-99.1 EX-99.1 PowerCompute Announces August 2026 Production and Operational Update Bitcoin holdings of 323 BTC valued at approximately $25.2 million as of August 31, 2026 Captured approximately $132,000 in energy sales from curtailment during the month TAMPA, FL, September 9, 2026 - PowerCompute, Inc. (Nasdaq: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining company expanding into high-performance computing (“HPC”) and artificial intellig…
Read attachment ↗lmfa-ex99_1.htm · 8-K · 2026-08-20
EX-99.1 2 lmfa-ex99_1.htm EX-99.1 EX-99.1 PowerCompute Announces July 2026 Production and Operational Update Bitcoin treasury as of July 31, 2026 was 315.1 BTC valued at $20.2 million Captured $91,000 in curtailment and energy sales revenue during the month TAMPA, FL, August 20, 2026 - PowerCompute, Inc. (NASDAQ: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining company expanding into high-performance computing (“HPC”) and artificial intelligence (“AI”) infrastructur…
Read attachment ↗lmfa-ex99_1.htm · 8-K · 2026-08-14
EX-99.1 2 lmfa-ex99_1.htm EX-99.1 EX-99.1 PowerCompute Reports Second Quarter 2026 Financial Results Agreement with Vast.ai Marks the Company's Entry into the HPC and AI infrastructure Market Revenues Increased 9.8% Year-Over-Year; Mined 27.9 Bitcoin in the Second Quarter of 2026 Subsequent to Quarter End, the Company Strengthened Its Balance Sheet by Refinancing $18 Million of Debt through New Debt Facility with Arch Lending, Significantly Lowering Interest Costs TAMPA, Fla., August 14…
Read attachment ↗lmfa-ex99_1.htm · 8-K/A · 2026-08-10
EX-99.1 4 lmfa-ex99_1.htm EX-99.1 EX-99.1 PowerCompute Refinances $18 Million of Debt, Significantly Lowering Interest Costs New Facility with Arch Lending Replaces Higher-Cost Debt and Strengthens Balance Sheet TAMPA, Fla., August 5, 2026 -- PowerCompute, Inc. (NASDAQ: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining, and specialty finance company expanding into high-performance computing (“HPC”) and artificial intelligence (“AI”) infrastructure, today announced tha…
Read attachment ↗lmfa-ex99_1.htm · 8-K · 2026-08-05
EX-99.1 4 lmfa-ex99_1.htm EX-99.1 EX-99.1 PowerCompute Refinances $18 Million of Debt, Significantly Lowering Interest Costs New Facility with Arch Lending Replaces Higher-Cost Debt and Strengthens Balance Sheet TAMPA, Fla., August 5, 2026 -- PowerCompute, Inc. (NASDAQ: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining, and specialty finance company expanding into high-performance computing (“HPC”) and artificial intelligence (“AI”) infrastructure, today announced tha…
Read attachment ↗