HAIDIAN DISTRICT BEIJING , China (AP) — HAIDIAN DISTRICT BEIJING, China (AP) — Canaan Inc. (CAN) on Tuesday reported a loss of $139 million in its fourth quarter.

The Haidian District Beijing, China-based company said it had a loss of 77 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 30 cents per share.

The cryptocurrency-mining computer maker posted revenue of $49.1 million in the period.

For the year, the company reported a loss of $414.2 million, or $2.41 per share, swinging to a loss in the period. Revenue was reported as $211.5 million.

The company's shares closed at $1.97. A year ago, they were trading at $2.77.

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