Ault Alliance, a diversified holding company, reported mixed financial results for the quarter ended June 30, 2024. The company's total revenue stood at $28.4 million, with significant contributions from digital assets mining at $8.49 million and crane operations at $11.7 million. However, the company faced a net loss of $39.8 million, attributed to operating expenses and losses from operations totaling $26.9 million. The company's future plans include strategic initiatives to improve financial performance and growth strategies, although specific details were not disclosed in the report. Ault Alliance's business development saw advancements in various sectors, including technology, finance, and energy. The company's investments in related parties, such as Alzamend Neuro, Inc., and equity method investment in The Singing Machine Company, Inc., were adjusted for impairments and fair value changes. Ault Alliance's financial condition remains a concern, with a negative working capital of $162.4 million and a history of net operating losses, raising substantial doubt about its ability to continue as a going concern.

Ault Alliance, a diversified holding company, reported mixed financial results for the quarter ended June 30, 2024. The company's total revenue stood at $28.4 million, with significant contributions from digital assets mining at $8.49 million and crane operations at $11.7 million. However, the company faced a net loss of $39.8 million, attributed to operating expenses and losses from operations totaling $26.9 million. The company's future plans include strategic initiatives to improve financial performance and growth strategies, although specific details were not disclosed in the report. Ault Alliance's business development saw advancements in various sectors, including technology, finance, and energy. The company's investments in related parties, such as Alzamend Neuro, Inc., and equity method investment in The Singing Machine Company, Inc., were adjusted for impairments and fair value changes. Ault Alliance's financial condition remains a concern, with a negative working capital of $162.4 million and a history of net operating losses, raising substantial doubt about its ability to continue as a going concern.