| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue - bitcoin mining | 71,707 | 43,565 | 48,959 | 24,102 |
| Cost of revenue | 26,733 | 15,330 | 14,894 | 15,063 |
| Compensation and benefits | 14,445 | 15,659 | 14,303 | 14,738 |
| General and administrative | 8,167 | 9,078 | 8,951 | 8,919 |
| Depreciation and amortization | 59,549 | 44,086 | 43,467 | 28,636 |
| Change in fair value of derivative asset | - | -15,480 | 7,330 | -48,520 |
| Change in fair value of power purchase agreement | -9,030 | - | - | - |
| Power sales | 2,335 | 1,376 | 991 | 1,444 |
| Equity in (losses) income of equity investees | -1,479 | -1,701 | -5,292 | 847 |
| Unrealized gains (losses) on fair value of bitcoin | 108 | 17,143 | -20,178 | - |
| Losses (gains) on fair value of bitcoin | - | - | - | 1,911 |
| Realized gains on sale of bitcoin | 7,535 | -3,639 | 12,196 | - |
| Other operating gains (losses) | 101 | -2,354 | -479 | 0 |
| Total costs and operating expenses | 109,324 | 88,808 | 87,047 | -115,496 |
| Operating loss | -37,617 | -45,243 | -38,088 | -91,394 |
| Interest income | 457 | 296 | 190 | 1,188 |
| Interest expense | 1,286 | 1,137 | 777 | 346 |
| Change in fair value of warrant liability | -31,860 | 0 | 0 | 0 |
| Other income (expense) | 3,000 | 1,220 | -156 | -4 |
| Total other income | 34,031 | 379 | -743 | 838 |
| Loss before taxes | -3,586 | -44,864 | -38,831 | -90,556 |
| Current income tax benefit (expense) | -767 | 1,145 | 779 | 211 |
| Deferred income tax benefit (expense) | 464 | -228 | -635 | -4,013 |
| Total income tax benefit (expense) | -303 | 917 | 144 | -3,802 |
| Net loss | -3,283 | -45,781 | -38,975 | -86,754 |
| Loss per share - basic (in dollars per share) | -0.01 | -0.12 | -0.11 | -0.26 |
| Loss per share - diluted (in dollars per share) | -0.01 | -0.12 | -0.11 | -0.26 |
| Weighted average shares outstanding - basic (in shares) | 393,191,623 | 375,052,248 | 360,514,620 | 332,680,037 |
| Weighted average shares outstanding - diluted (in shares) | 393,191,623 | 375,052,248 | 360,514,620 | 332,680,037 |
Cipher Mining Inc. (CIFR)
Cipher Mining Inc. (CIFR)