Cipher Mining Inc. (CIFR)
2025-06-30 | 2025-03-31 | 2024-09-30 | ||
---|---|---|---|---|
Revenue - bitcoin mining | 43,565 | 48,959 | 24,102 | |
Losses (gains) on fair value of bitcoin | - | - | 1,911 | |
Equity in (losses) income of equity investees | -1,701 | -5,292 | 847 | |
General and administrative | 9,078 | 8,951 | 8,919 | |
Compensation and benefits | 15,659 | 14,303 | 14,738 | |
Depreciation and amortization | 44,086 | 43,467 | 28,636 | |
Unrealized gains (losses) on fair value of bitcoin | 17,143 | -20,178 | - | |
Cost of revenue | 15,330 | 14,894 | 15,063 | |
Other operating losses | -2,354 | -479 | - | |
Power sales | 1,376 | 991 | 1,444 | |
Realized (losses) gains on sale of bitcoin | -3,639 | 12,196 | - | |
Change in fair value of derivative asset | -15,480 | 7,330 | -48,520 | |
Total costs and operating expenses | 88,808 | 87,047 | -115,496 | |
Operating (loss) income | -45,243 | -38,088 | -91,394 | |
Other income (expense) | 1,220 | -156 | -4 | |
Interest income | 296 | 190 | 1,188 | |
Interest expense | 1,137 | 777 | 346 | |
Change in fair value of warrant liability | - | - | - | |
Total other income (expense) | 379 | -743 | 838 | |
(loss) income before taxes | -44,864 | -38,831 | -90,556 | |
Deferred income tax benefit (expense) | -228 | -635 | -4,013 | |
Current income tax expense | 1,145 | 779 | 211 | |
Total income tax expense | 917 | 144 | -3,802 | |
Net (loss) income | -45,781 | -38,975 | -86,754 | |
(loss) income per share - basic (in dollars per share) | -0.12 | -0.11 | -0.26 | |
(loss) income per share - diluted (in dollars per share) | -0.12 | -0.11 | -0.26 | |
Weighted average shares outstanding - basic (in shares) | 375,052,248 | 360,514,620 | 332,680,037 | |
Weighted average shares outstanding - diluted (in shares) | 375,052,248 | 360,514,620 | 332,680,037 |