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CAN| Name | Value |
|---|---|
| Revenues | 391.9M |
| Cost of Revenue | 622.8M |
| Gross Profit | -230.9M |
| Operating Expense | 57.0M |
| Operating I/L | -624.4M |
| Other Income/Expense | 37.0M |
| Interest Income | 7.7M |
| Pretax | -587.4M |
| Income Tax Expense | -149.0M |
| Net Income/Loss | -438.3M |
Canaan Inc. specializes in the research, design, and sale of integrated circuit (IC) final mining equipment products for bitcoin mining. The company focuses on integrating IC products and related components for mining, as well as the assembly and distribution of mining equipment and spare parts. Additionally, Canaan Inc. has a strategic cooperation with Northern Data AG, particularly in the areas of artificial intelligence development, blockchain technology, and datacenter operations.
