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Side-by-side financial comparison of BIT ORIGIN Ltd (BTOG) and US ENERGY CORP (USEG). Click either name above to swap in a different company.

BIT ORIGIN Ltd is the larger business by last-quarter revenue ($2.9M vs $1.7M, roughly 1.7× US ENERGY CORP). US ENERGY CORP runs the higher net margin — -192.2% vs -244.4%, a 52.1% gap on every dollar of revenue.

Origin Systems, Inc. was an American video game developer based in Austin, Texas. It was founded on March 3, 1983, by Richard Garriott and his brother Robert. Origin is best known for their groundbreaking work in multiple genres of video games, such as the Ultima and Wing Commander series. The company was purchased by Electronic Arts in 1992.

NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $170 billion as of Oct 2024. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.

BTOG vs USEG — Head-to-Head

Bigger by revenue
BTOG
BTOG
1.7× larger
BTOG
$2.9M
$1.7M
USEG
Higher net margin
USEG
USEG
52.1% more per $
USEG
-192.2%
-244.4%
BTOG

Income Statement — Q2 FY2024 vs Q3 FY2025

Metric
BTOG
BTOG
USEG
USEG
Revenue
$2.9M
$1.7M
Net Profit
$-7.1M
$-3.3M
Gross Margin
Operating Margin
-233.8%
-194.4%
Net Margin
-244.4%
-192.2%
Revenue YoY
-64.9%
Net Profit YoY
-48.7%
EPS (diluted)
$-1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BTOG
BTOG
USEG
USEG
Q3 25
$1.7M
Q2 25
$2.0M
Q1 25
$2.2M
Q4 24
$4.2M
Q3 24
$5.0M
Q2 24
$6.0M
Q1 24
$5.4M
Q4 23
$2.9M
$7.3M
Net Profit
BTOG
BTOG
USEG
USEG
Q3 25
$-3.3M
Q2 25
$-6.1M
Q1 25
$-3.1M
Q4 24
Q3 24
$-2.2M
Q2 24
$-2.0M
Q1 24
$-9.5M
Q4 23
$-7.1M
Operating Margin
BTOG
BTOG
USEG
USEG
Q3 25
-194.4%
Q2 25
-307.6%
Q1 25
-140.8%
Q4 24
-278.9%
Q3 24
-83.8%
Q2 24
-28.4%
Q1 24
-148.8%
Q4 23
-233.8%
-302.7%
Net Margin
BTOG
BTOG
USEG
USEG
Q3 25
-192.2%
Q2 25
-298.7%
Q1 25
-141.9%
Q4 24
Q3 24
-45.3%
Q2 24
-32.6%
Q1 24
-176.9%
Q4 23
-244.4%
EPS (diluted)
BTOG
BTOG
USEG
USEG
Q3 25
Q2 25
$-0.19
Q1 25
Q4 24
$-0.42
Q3 24
$-0.08
Q2 24
$-0.08
Q1 24
$-0.38
Q4 23
$-1.99
$-0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTOG
BTOG
USEG
USEG
Cash + ST InvestmentsLiquidity on hand
$6.9M
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$25.0M
Total Assets
$13.5M
$46.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTOG
BTOG
USEG
USEG
Q3 25
$1.7M
Q2 25
$6.9M
Q1 25
$10.6M
Q4 24
$7.9M
Q3 24
$1.3M
Q2 24
$2.4M
Q1 24
$2.2M
Q4 23
$6.9M
$3.5M
Stockholders' Equity
BTOG
BTOG
USEG
USEG
Q3 25
$25.0M
Q2 25
$28.0M
Q1 25
$33.6M
Q4 24
$24.2M
Q3 24
$35.7M
Q2 24
$37.7M
Q1 24
$36.7M
Q4 23
$9.0M
$46.8M
Total Assets
BTOG
BTOG
USEG
USEG
Q3 25
$46.5M
Q2 25
$51.0M
Q1 25
$55.8M
Q4 24
$49.7M
Q3 24
$64.1M
Q2 24
$73.7M
Q1 24
$70.3M
Q4 23
$13.5M
$80.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BTOG
BTOG
USEG
USEG
Operating Cash FlowLast quarter
$-4.6M
$-155.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTOG
BTOG
USEG
USEG
Q3 25
$-155.0K
Q2 25
$-1.6M
Q1 25
$-4.5M
Q4 24
$1.7M
Q3 24
$2.6M
Q2 24
$929.0K
Q1 24
$-603.0K
Q4 23
$-4.6M
$2.5M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BTOG
BTOG

Segment breakdown not available.

USEG
USEG

Oil Sales$1.6M91%
Other$151.0K9%

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