Debt ConcernsThe company's debt level is at $21.4M, up from 20.1M in 2Q24, versus less than $6M in cash.
Litigation RisksMawson has two lawsuits to work through, one surrounding its Australian-based debts, the other involving the lease on the Sharon site.
Revenue DeclineBitcoin mining revenue is expected to decline significantly next year, contributing only $3.0M compared to the expected $12.4M in 2024.