Fourth Wave Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 03:37 pm IST
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Fourth Wave Energy, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net loss was USD 308,780 compared to USD 450,955 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago. For the half year, net loss was USD 1.765 million compared to USD 3.758 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.11 a year ago.
Edgemode, Inc. is a crypto mining and high-performance computing (HPC) company. The Company is principally focused on the cryptocurrency business, with an initial focus on bitcoin mining. It has partnerships with third-party hosting firms, Bitcoin mining facilities for the sole purpose of mining Bitcoin. The Company is engaged in United States-based data center operations. It is also focused on improving hash rate and cryptocurrency production, as well as introducing new HPC services aligned with technological innovation.