{"url_path":"/sec/mgti/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 Form 10–K Summary.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-17","source_url":"https://www.sec.gov/Archives/edgar/data/1001601/0001493152-26-010453-index.html","accession_number":"0001493152-26-010453","cik":"0001001601","ticker":"MGTI","issuer_name":"MGT CAPITAL INVESTMENTS, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1001601/0001493152-26-010453-index.html","primary_entity_key":"0001001601","primary_entity_name":"MGT CAPITAL INVESTMENTS, INC."},"word_count":753,"has_tables":true,"body_markdown":"**Item\n16. Form 10–K Summary.**\n\n \n\nNot\napplicable.\n\n \n\n23\n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant\nto the requirements of Section 13 or 15(d) of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its\nbehalf by the undersigned, thereunto duly authorized.\n\n \n\n \nMGT\nCAPITAL INVESTMENTS, INC\n\nMarch\n17, 2026\n \n \n\n \n \n \n\n \nBy:\n*/s/\nJonathan M. Pfohl*\n\n \n \nJonathan\nM. Pfohl\n\n \n \nInterim\nChief Executive Officer & Chief Financial Officer\n\n \n\nPursuant\nto the requirements of the Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant\nand in the capacities and on the dates indicated.\n\n \n\n**Signature**\n \n**Title**\n \n**Date**\n\n \n \n \n \n \n\n*/s/\nJonathan M. Pfohl*\n \nInterim\nChief Executive Officer & Chief Financial Officer\n \nMarch\n17, 2026\n\nJonathan\nM. Pfohl\n \n \n \n \n\n \n \n \n \n \n\n*/s/\nMichael G. Onghai*\n \nDirector\n \nMarch\n17, 2026\n\nMichael\nG. Onghai\n \n \n \n \n\n \n\n24\n\n \n\n \n\n**REPORT\nOF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**\n\n \n\nTo\nthe Stockholders and the Board of Directors of\n\nMGT\nCapital Investments, Inc.\n\n \n\n**Opinion\non the Financial Statements**\n\n \n\nWe\nhave audited the accompanying balance sheets of MGT Capital Investments, Inc. (the Company) as of December 31, 2025 and 2024, the related\nstatements of operations, stockholders’ deficit and cash flows for each of the years in the two-year period ended December 31,\n2025, and the related notes (collectively referred to as the financial statement). In our opinion, the financial statements present fairly,\nin all material respects, the financial position of the Company as of December 31, 2025 and 2024, and the results of its operations and\nits cash flows for each of the years in the two-year period ended December 31, 2025, in conformity with accounting principles generally\naccepted in the United States of America.\n\n \n\n**The\nCompany’s Ability to Continue as a Going Concern**\n\n \n\nThe\naccompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note\n2 to the financial statements, the Company has suffered recurring losses from operations and will require additional capital to continue\nas a going concern. This raises substantial doubt about the Company’s ability to continue as a going concern. Management’s\nplans regarding these matters are also described in Note 2. The financial statements do not include any adjustments to reflect the possible\nfuture effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from\nthe outcome of this uncertainty.\n\n \n\n**Basis\nfor Opinion**\n\n \n\nThese\nfinancial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s\nfinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board\n(United States) (PCAOB) and are required to be independent with respect to the Company in accordance with U.S. federal securities laws\nand the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.\n\n \n\nWe\nconducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain\nreasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company\nis not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits,\nwe are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion\non the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.\n\n \n\nOur\naudits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error\nor fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding\nthe amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant\nestimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits\nprovide a reasonable basis for our opinion.\n\n \n\n**Critical\nAudit Matters**\n\n \n\nCritical\naudit matters are matters arising from the current period audit of the financial statements that were communicated or required to be\ncommunicated to the audit committee and that (i) relate to accounts or disclosures that are material to the financial statements and\n(ii) involved our especially challenging, subjective, or complex judgments. We determined that there were no critical audit matters.\n\n \n\n/s/\nRBSM LLP\n \n\n \n \n\nWe\nhave served as the Company’s auditor since 2017.\n \n\n \n \n\nLarkspur, CA\n \n\n \n \n\nMarch\n17, 2026\n \n\n \n \n\nPCAOB\nID: 587\n\n \n\n \n\nF-1\n\n \n\n \n\n**PART\nI – FINANCIAL INFORMATION**"}