SAI.TECH Global (SAI.TECH Global) Construction In Progress : $0.60 Mil (As of Dec. 2023)

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What is SAI.TECH Global Construction In Progress?

SAI.TECH Global's quarterly construction in progress increased from Dec. 2022 ($0.00 Mil) to Jun. 2023 ($1.09 Mil) but then declined from Jun. 2023 ($1.09 Mil) to Dec. 2023 ($0.60 Mil).

SAI.TECH Global's annual construction in progress stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.60 Mil).

SAI.TECH Global Construction In Progress Historical Data

The historical data trend for SAI.TECH Global's Construction In Progress 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.

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SAI.TECH Global Construction In Progress Chart

SAI.TECH Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.10

0.60

SAI.TECH Global Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial			-	-	-	1.09	0.60

SAI.TECH Global Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

SAI.TECH Global (SAI.TECH Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976

Website

https://www.sai.tech

SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021