1 unchanged sentence
common stock is currently quoted on The NASDAQ Capital Market under the symbol “MARA”.
−Removed: of March 9, 2022, there were 249 holders of record of 103,052,069 shares of the Company’s Common Stock.
+Added: of March 13, 2023, there were 254 holders of record of 167,247,030
+Added: shares of the Company’s Common Stock.
Authorized for Issuance under Equity Compensation Plans
24 unchanged sentences
Plan category
−Removed: of securities to be issued upon exercise
−Removed: outstanding options,
−Removed: warrants and rights
−Removed: of securities
−Removed: remaining available for future issuance under equity compensation
−Removed: Equity compensation plans approved
−Removed: by security holders
−Removed: Equity compensation plans not approved by security
−Removed: issuances of unregistered securities
−Removed: September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers (“Miners”) from
−Removed: SelectGreen Blockchain Ltd., a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common
−Removed: stock at a price of $1.75 per share.
−Removed: As a result of an exchange cap requirement imposed in conjunction with the Company’s Listing
−Removed: of Additional Shares application filed with Nasdaq to the transaction, the Company issued 1,276,442 shares of its common stock which
−Removed: represented $2,233,773 of the $4,086,250 (constituting 19.9% of the issued and outstanding shares on the date of the Asset Purchase Agreement)
−Removed: and upon the receipt of shareholder approval, at the Annual Shareholders Meeting to be held on November 15, 2019, the Company can issue
−Removed: the balance of the 1,058,558 unregistered common stock shares.
−Removed: The shareholders did approve the issuance of the additional shares at
−Removed: the Annual Shareholders Meeting.
−Removed: The Company has issued and additional 474,808 at $0.90 per share.
−Removed: On March 30, 2020, the Company has
−Removed: issued an additional 350,250 shares at $1.75 per share.
−Removed: The $513,700 set forth on the balance sheet for mining servers payable reflects
−Removed: the fair value of 583,750 shares to be issued at $0.88 per share to conclude the purchase of the Miners at December 31, 2020.
−Removed: recorded change in fair value of mining payable of $66,547 and $507,862 during the year ended December 31, 2021 and 2019, respectively.
−Removed: As of December 31, 2021, there is no requirement for the Company to make a payment in cash in lieu of issuing the remaining shares.
−Removed: to year end, on January 14, 2021, the Company sold its inventory of approximately 5,900 S9, 13.5 TH/s miners.
−Removed: As such, management determined
−Removed: that those crypto-currency machines were impaired by a total of $871,302 based upon an assessment as of December 31, 2021.
−Removed: June 1, 2020, the Company issued 2,023,739 shares at $0.60 per share pursuant to the conversion of $999,106 of principal and $215,137
−Removed: of interest related to the extinguishment of the Convertible Note.
−Removed: October 6, 2020, the Company issued 6,000,000 shares at $1.87 per share pursuant to the Long Term Prepaid Service Contract with Liefern
−Removed: LLC and Lucky Liefern LLC each receiving 3,000,000 shares for the operation and servicing of the Hardin, Montana facility through September
+Added: Number of securities to be issued upon exercise of outstanding options, warrants and rights
+Added: Weighted-average exercise price of outstanding options, warrants and rights
+Added: Number of securities remaining available for future issuance under equity compensation plans
+Added: Equity compensation plans approved by security holders
+Added: Equity compensation plans not approved by security holders
Repurchases of Securities
+Added: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
+Added: The following discussion and analysis is intended
+Added: as a review of significant factors affecting our financial condition and results of operations for the periods indicated.
+Added: The discussion
+Added: should be read in conjunction with our Consolidated Financial Statements and the notes presented herein.
+Added: In addition to historical information,
+Added: the following Management’s Discussion and Analysis of Financial Condition and Results of Operations contains forward-looking statements
+Added: that involve risks and uncertainties.
+Added: Our actual results could differ significantly from those expressed, implied, or anticipated in
+Added: these forward-looking statements as a result of certain factors discussed herein and any other periodic reports filed and to be filed
+Added: with the Securities and Exchange Commission.
+Added: Note Regarding Forward-Looking Statements
+Added: report and other documents that we file with the Securities and Exchange Commission contain forward-looking statements that are based
+Added: on current expectations, estimates, forecasts and projections about our future performance, our business, our beliefs, and our management’s
+Added: Statements that are not historical facts are forward-looking statements.
+Added: Words such as “expect,” “outlook,”
+Added: “forecast,” “would,” “could,” “should,” “project,” “intend,”
+Added: “plan,” “continue,” “sustain”, “on track”, “believe,” “seek,”
+Added: “estimate,” “anticipate,” “may,” “assume,” and variations of such words and similar expressions
+Added: are often used to identify such forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities
+Added: Litigation Reform Act of 1995.
+Added: These forward- looking statements are not guarantees of future performance and involve risks, assumptions,
+Added: and uncertainties, including, but not limited to, those described in our reports that we file or furnish with the Securities and Exchange
+Added: Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual
+Added: results may vary materially from those indicated or anticipated by such forward-looking statements.
+Added: Accordingly, you are cautioned not
+Added: to place undue reliance on these forward-looking statements, which speak only as of the date they are made.
+Added: Except to the extent required
+Added: by law, we undertake no obligation to update publicly any forward-looking statements after the date they are made, whether as a result
+Added: of new information, future events, changes in assumptions or otherwise.
+Added: of Previously Issued Financial Statements
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.