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Gryphon Digital Mining (Gryphon Digital Mining) Accounts Payable & Accrued Expense : $4.42 Mil (As of Dec. 2023)


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What is Gryphon Digital Mining Accounts Payable & Accrued Expense?

Gryphon Digital Mining's quarterly accounts payable & accrued expense increased from Dec. 2021 ($3.74 Mil) to Dec. 2022 ($5.96 Mil) but then declined from Dec. 2022 ($5.96 Mil) to Dec. 2023 ($4.42 Mil).

Gryphon Digital Mining's annual accounts payable & accrued expense increased from Dec. 2021 ($3.74 Mil) to Dec. 2022 ($5.96 Mil) but then declined from Dec. 2022 ($5.96 Mil) to Dec. 2023 ($4.42 Mil).


Gryphon Digital Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gryphon Digital Mining's Accounts Payable & Accrued Expense 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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Gryphon Digital Mining Accounts Payable & Accrued Expense Chart

Gryphon Digital Mining Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
3.74 5.96 4.42

Gryphon Digital Mining Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense 3.74 5.96 4.42

Gryphon Digital Mining Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Gryphon Digital Mining (Gryphon Digital Mining) Business Description

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Traded in Other Exchanges
Address
5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110
Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

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