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Balance Sheets Overview

Current Ratio
248.92%
Quick Ratio
248.92%
Cash Ratio
211.74%
Debt to Asset Ratio
72.43%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Other noncurrent assets
    • Bitcoin
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Long-term borrowings, net
    • Warrant liability
    • Others
Balance Sheets
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Cash and cash equivalents
1,207,440
62,704
23,173
5,585
Accounts receivable-Nonrelated Party
696
1,575
758
596
Accounts receivable-Related Party
308
249
300
2,090
Prepaid expenses and other current assets
3,966
7,417
2,970
3,387
Bitcoin
170,303
112,089
52,024
92,651
Receivable for bitcoin collateral
0
0
32,497
32,248
Derivative asset
36,766
35,629
42,835
31,648
Total current assets
1,419,479
219,663
154,557
168,205
Restricted cash
13,779
14,392
14,392
14,392
Property and equipment, net
649,877
473,887
477,972
480,865
Deposits on equipment
7,683
183,028
122,502
38,872
Intangible assets, net
9,425
9,229
9,043
8,881
Investment in equity investees
42,289
45,901
48,499
53,908
Derivative assets
121,664
41,891
50,165
54,022
Operating lease right-of-use asset
11,867
12,288
12,192
12,561
Security deposits
12,045
13,794
19,776
19,782
Other noncurrent assets
552,758
4,686
4,694
3,958
Total assets
2,840,866
1,018,759
913,792
855,446
Accounts payable-Nonrelated Party
-
-
-
22,699
Accounts payable-Related Party
-
-
-
0
Accounts payable
12,462
14,871
29,879
-
Accrued expenses and other current liabilities
37,549
30,180
66,300
69,824
Finance lease liability, current portion
4,123
4,011
3,903
3,798
Operating lease liability, current portion
3,523
3,444
3,200
3,127
Warrant liability
512,590
-
-
0
Short-term borrowings
0
0
35,459
32,330
Total current liabilities
570,247
52,506
138,741
131,778
Long-term borrowings, net
1,023,075
167,113
-
-
Derivative liability
414,320
-
-
-
Asset retirement obligations
32,903
32,110
20,801
20,282
Finance lease liability
4,197
5,270
6,315
7,331
Operating lease liability
9,058
9,450
9,506
9,833
Deferred tax liability
3,871
3,406
3,634
4,269
Total liabilities
2,057,671
269,855
178,997
173,493
Common stock, 0.001 par value, 500,000,000 shares authorized, 395,488,396 and 361,432,449 shares issued as of september30, 2025 and december31, 2024, respectively, and 393,602,553 and 350,783,817 shares outstanding as of september30, 2025, and december31, 2024, respectively
395
388
371
361
Additional paid-in capital
1,052,253
1,014,686
954,812
863,015
Accumulated deficit
-269,451
-266,168
-220,387
-181,412
Treasury stock, at par, 1,885,843 and 10,648,632 shares at september30, 2025 and december31, 2024, respectively
2
2
1
11
Total stockholders equity
783,195
748,904
734,795
681,953
Total liabilities and stockholders equity
2,840,866
1,018,759
913,792
855,446
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$1,207,440K (4664.58%↑ Y/Y)Bitcoin$170,303K (78.40%↑ Y/Y)Derivative asset$36,766K (35.24%↑ Y/Y)Prepaid expenses andother current assets$3,966K (13.70%↑ Y/Y)Accountsreceivable-Nonrelated Party$696K (207.96%↑ Y/Y)Accountsreceivable-Related Party$308K (422.03%↑ Y/Y)Total current assets$1,419,479K (835.35%↑ Y/Y)Property and equipment,net$649,877K (109.17%↑ Y/Y)Other noncurrentassets$552,758K (263118.10%↑ Y/Y)Derivative assets$121,664K (157.63%↑ Y/Y)Investment in equityinvestees$42,289K (-23.07%↓ Y/Y)Restricted cash$13,779K (-4.26%↓ Y/Y)Security deposits$12,045K (-21.28%↓ Y/Y)Operating leaseright-of-use asset$11,867K (12.33%↑ Y/Y)Intangible assets, net$9,425K (-63.39%↓ Y/Y)Deposits on equipment$7,683K (-94.69%↓ Y/Y)Total assets$2,840,866K (266.36%↑ Y/Y)Total liabilities andstockholders equity$2,840,866K (266.36%↑ Y/Y)Total liabilities$2,057,671K (1889.11%↑ Y/Y)Total stockholdersequity$783,195K (16.55%↑ Y/Y)Accumulated deficit-$269,451K (-35.46%↓ Y/Y)Treasury stock, at par,1,885,843 and 10,648,632...$2K Long-term borrowings, net$1,023,075K Total currentliabilities$570,247K (865.02%↑ Y/Y)Derivative liability$414,320K Asset retirementobligations$32,903K (66.09%↑ Y/Y)Operating lease liability$9,058K (-6.25%↓ Y/Y)Finance lease liability$4,197K (-49.55%↓ Y/Y)Deferred tax liability$3,871K (-41.03%↓ Y/Y)Additional paid-in capital$1,052,253K (20.87%↑ Y/Y)Common stock, 0.001 parvalue, 500,000,000...$395K (10.96%↑ Y/Y)Warrant liability$512,590K Accrued expenses andother current...$37,549K (-7.89%↓ Y/Y)Accounts payable$12,462K Finance leaseliability, current portion$4,123K (11.58%↑ Y/Y)Operating leaseliability, current portion$3,523K (138.20%↑ Y/Y)

Cipher Mining Inc. (CIFRW)

Cipher Mining Inc. (CIFRW)