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Cipher Mining Inc. (CIFRW)

Cipher Mining Inc. (CIFRW)

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Cash Flow Overview

Change in Cash
$1,144,123K
Free Cash flow
-$256,219K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from issuance of conver...
    • Deposits on equipment
    • Depreciation
    • Others
Negative Cash Flow Breakdown
    • Purchases of property and equipm...
    • Purchase of capped call options
    • Non-cash consideration received ...
    • Others
Cash Flow
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Net loss
-3,283
-45,781
-38,975
17,510
Depreciation
59,337
43,889
43,277
36,137
Amortization of intangible assets
211
199
189
180
Amortization of operating right-of-use asset
440
396
369
361
Share-based compensation
8,205
10,493
9,132
10,267
Equity in losses (gains) of equity investees
-1,479
-1,701
-5,292
-1,392
Loss on disposal of assets
-33
0
-633
-290
Non-cash lease expense
247
570
0
490
Other operating activities
0
0
0
-
Income taxes
464
-1,007
144
-937
Bitcoin received as payment for services
-
-
-
260,739
Non-cash consideration received for services
72,587
42,747
48,797
-
Change in fair value of derivative asset
-
-15,480
7,330
11,260
Change in fair value of derivative assets
-9,921
-
-
-
Change in fair value of warrant liability
-31,860
0
0
0
Change in fair value of bitcoin collateral
0
-8,486
2,755
-546
Change in fair value of bitcoin loan
0
-1,828
1,046
669
Unrealized loss on fair value of bitcoin
108
17,143
-20,178
11,313
Realized gains on sale of bitcoin
7,535
-3,639
12,196
51,548
Accounts receivable
-879
817
162
370
Receivables, related party
59
-51
-1,790
2,031
Prepaid expenses and other current assets
5,370
-4,373
-418
-101
Security deposits
-1,749
-5,981
-7
4,481
Other non-current assets
3,622
-9
737
3,748
Accounts payable
-2,529
-2,695
-8,745
7,432
Accounts payable, related party
0
0
-
0
Accrued expenses and other current liabilities
-
-
-13,179
3,405
Accrued expenses and other liabilities
2,421
-39,047
-
-
Lease liabilities
-334
-282
-255
0
Net cash used in operating activities
-50,051
-56,217
-47,238
-28,978
Proceeds from sale of bitcoin
28,874
31,347
90,005
69,084
Deposits on equipment
-161,444
87,273
75,105
27,695
Purchases of property and equipment
206,168
31,297
24,570
47,122
Purchases and development of software
408
383
352
364
Capital distributions from equity investees
-
-
-
0
Investment in equity investees
4,726
5,566
7,276
7,929
Prepayments on financing lease
-
-
-
0
Purchase of strategic contracts
0
-
-
-
Net cash used in investing activities
-20,984
-93,172
-17,298
3,018
Proceeds from treasury stock reissued for pipe investment
0
0
50,000
-
Proceeds from the issuance of common stock
32,052
52,274
34,524
0
Offering costs paid for the issuance of common stock
320
788
345
0
Proceeds from issuance of convertible notes, net of issuance costs
1,270,282
167,113
-
-
Purchase of capped call options
82,680
-
-
-
Repurchase of common shares to pay employee withholding taxes
2,968
3,173
1,144
16,881
Proceeds from loans
-
-
-
25,000
Principal payments on loan
0
25,000
-
-
Principal payments on financing lease
1,208
1,506
911
1,916
Net cash provided by financing activities
1,215,158
188,920
82,124
6,203
Net increase (decrease) in cash, cash equivalents, and restricted cash
1,144,123
39,531
17,588
-19,757
Cash and cash equivalents at beginning of period
37,565
37,565
19,977
88,675
Cash and cash equivalents at end of period
1,221,219
77,096
37,565
19,977
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.

Cash Flow

Proceeds from issuance ofconvertible notes, net of...$1,270,282K Proceeds from theissuance of common stock$32,052K (-48.22%↓ Y/Y)Net cash provided byfinancing activities$1,215,158K (2048.59%↑ Y/Y)Canceled cashflow$87,176K Net increase(decrease) in cash, cash...$1,144,123K (1481.41%↑ Y/Y)Canceled cashflow$71,035K Purchase of capped calloptions$82,680K Repurchase of common sharesto pay employee...$2,968K (-15.75%↓ Y/Y)Principal payments onfinancing lease$1,208K (0.08%↑ Y/Y)Offering costs paid forthe issuance of...$320K (-48.30%↓ Y/Y)Depreciation$59,337K (108.43%↑ Y/Y)Change in fair value ofderivative assets-$9,921K Share-based compensation$8,205K (-19.65%↓ Y/Y)Accrued expenses andother liabilities$2,421K Security deposits-$1,749K (88.53%↑ Y/Y)Equity in losses(gains) of equity...-$1,479K (-274.62%↓ Y/Y)Accounts receivable-$879K (-1365.00%↓ Y/Y)Income taxes$464K Amortization of operatingright-of-use asset$440K (36.22%↑ Y/Y)Non-cash lease expense$247K (174.17%↑ Y/Y)Amortization of intangibleassets$211K (26.35%↑ Y/Y)Loss on disposal ofassets-$33K Deposits on equipment-$161,444K (-262.23%↓ Y/Y)Proceeds from sale ofbitcoin$28,874K (-58.43%↓ Y/Y)Net cash used inoperating activities-$50,051K (-664.72%↓ Y/Y)Net cash used ininvesting activities-$20,984K (84.20%↑ Y/Y)Canceled cashflow$85,386K Canceled cashflow$190,318K Non-cash considerationreceived for services$72,587K Purchases of property andequipment$206,168K (169.12%↑ Y/Y)Change in fair value ofwarrant liability-$31,860K something is missing-$8,150K Realized gains on sale ofbitcoin$7,535K Prepaid expenses andother current assets$5,370K (4937.84%↑ Y/Y)Other non-currentassets$3,622K (51642.86%↑ Y/Y)Net loss-$3,283K (96.22%↑ Y/Y)Accounts payable-$2,529K (-513.24%↓ Y/Y)Lease liabilities-$334K (-180.10%↓ Y/Y)Unrealized loss on fairvalue of bitcoin$108K Receivables, related party$59K (150.43%↑ Y/Y)Investment in equityinvestees$4,726K (-46.04%↓ Y/Y)Purchases and developmentof software$408K (13.02%↑ Y/Y)