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Greenidge Generation Holdings (Greenidge Generation Holdings) Other Current Assets : $9.91 Mil (As of Dec. 2023)


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What is Greenidge Generation Holdings Other Current Assets?

Greenidge Generation Holdings's other current assets for the quarter that ended in Dec. 2023 was $9.91 Mil.

Greenidge Generation Holdings's quarterly other current assets increased from Jun. 2023 ($6.25 Mil) to Sep. 2023 ($10.12 Mil) but then declined from Sep. 2023 ($10.12 Mil) to Dec. 2023 ($9.91Mil).

Greenidge Generation Holdings's annual other current assets declined from Dec. 2021 ($17.27 Mil) to Dec. 2022 ($14.35 Mil) declined from Dec. 2022 ($14.35 Mil) to Dec. 2023 ($9.91 Mil).


Greenidge Generation Holdings Other Current Assets Historical Data

The historical data trend for Greenidge Generation Holdings's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greenidge Generation Holdings Other Current Assets Chart

Greenidge Generation Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
0.92 2.33 17.27 14.35 9.91

Greenidge Generation Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.35 7.66 6.25 10.12 9.91

Greenidge Generation Holdings Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Greenidge Generation Holdings Other Current Assets Related Terms

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Greenidge Generation Holdings (Greenidge Generation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
135 Rennell Drive, 3rd Floor, Fairfield, CT, USA, 06890
Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The Company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The Company's cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the Company. The Company also owns and operates a 106MW power facility that is connected to the New York Independent System Operator (NYISO) power grid.
Executives
Jordan Kovler director 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 05890
Christian Mulvihill officer: Chief Financial Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Michael P Neuscheler director C/O I3 MOBILE INC, 181 HARBOR DRIVE, STAMFORD CT 06902
Daniel Rothaupt director GREENIDGE GENERATION HOLDINGS INC., 590 PLANT ROAD, DRESDEN NY 14441
Atlas Capital Gp Lp director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Resources Gp Llc director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky director, 10 percent owner
Timothy J Fazio director, 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Robert Loughran officer: Accounting Officer C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Scott J. Mackenzie officer: Chief Strategy Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
David Carl Anderson director, officer: Chief Executive Officer (CEO) 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Terence A. Burke officer: General Counsel 590 PLANT ROAD, DRESDEN NY 14441
C Clark Webb 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225