| Balance Sheets | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 42,966,000 | 121,222,000 | 29,215,000 | 20,462,570 |
| Accounts receivable, after allowance for credit loss, current | - | - | 5,000 | 27,029 |
| Restricted cash | 3,490,000 | 3,056,000 | - | - |
| Total inventory | - | - | 809,000 | 216,404 |
| Receivable from equity offerings | - | 0 | - | - |
| Prepaid expense and other current assets | 11,875,000 | 7,995,000 | 12,034,000 | 7,930,614 |
| Bitcoin - current | 966,829,000 | 431,661,000 | - | - |
| Receivable from bitcoin collateral | 294,648,000 | 77,827,000 | - | - |
| Bitcoin | - | - | 56,241,000 | 11,147,478 |
| Note receivable from griid | 0 | 60,919,000 | - | - |
| Derivative investments | 233,000 | 1,832,000 | 2,697,000 | 2,955,890 |
| Investment in equity security | - | - | - | 0 |
| Investment in debt security, afs, at fair value | 0 | 918,000 | 726,000 | 610,108 |
| Current assets held for sale | - | 0 | 445,000 | 7,425,881 |
| Total current assets | 1,320,041,000 | 705,430,000 | 102,172,000 | 50,775,974 |
| Bitcoin - noncurrent | 222,614,000 | - | - | - |
| Property and equipment, gross | 1,923,624,000 | 1,365,960,000 | 734,932,000 | 429,880,208 |
| Less accumulated depreciation | 559,943,000 | 496,267,000 | 170,537,000 | 53,098,828 |
| Property and equipment, net | 1,363,681,000 | 869,693,000 | 564,395,000 | 376,781,380 |
| Right of use assets | 4,254,000 | 3,263,000 | 688,000 | 550,930 |
| Intangible assets, net | 5,849,000 | 3,040,000 | 4,603,000 | 6,485,051 |
| Deposits on miners and mining equipment | 112,037,000 | 359,862,000 | 75,959,000 | 12,497,111 |
| Other long-term asset | 23,497,000 | 13,331,000 | 5,718,000 | 3,989,652 |
| Goodwill | 131,658,000 | 8,043,000 | 8,043,000 | 0 |
| Long-term assets held for sale | - | - | 0 | 1,544,674 |
| Total assets | 3,183,631,000 | 1,962,662,000 | 761,578,000 | 452,624,772 |
| Accounts payable and accrued liabilities, current | - | - | 65,577,000 | 24,661,860 |
| Current portion of operating lease liability | - | - | 181,000 | 112,955 |
| Current portion of finance lease liability | - | - | 130,000 | 260,387 |
| Accounts payable | 15,159,000 | 82,992,000 | - | - |
| Acquisition liability | - | - | - | 0 |
| Accrued liabilities | 117,544,000 | 43,874,000 | - | - |
| Contingent consideration - | - | - | - | 0 |
| Other current liabilities | 6,096,000 | 2,240,000 | - | - |
| Current portion of debt | 176,570,000 | 58,781,000 | 6,992,000 | 7,786,049 |
| Dividends payable | 396,000 | - | 0 | 20,828 |
| Current liabilities held for sale | - | 0 | 1,175,000 | 1,198,696 |
| Total current liabilities | 315,765,000 | 187,887,000 | 74,055,000 | 34,040,775 |
| Operating lease liability, net of current portion | - | 997,000 | 519,000 | 447,591 |
| Finance lease liability, net of current portion | - | 0 | 9,000 | 179,997 |
| Long-term debt, net of current portion, debt discount and debt issuance costs | 644,586,000 | 7,176,000 | 8,911,000 | 13,433,068 |
| Deferred income taxes | 44,872,000 | 5,761,000 | 857,000 | - |
| Long-term liabilities held for sale | - | - | 0 | 511,530 |
| Other long-term liabilities | 3,281,000 | - | - | - |
| Total liabilities | 1,008,504,000 | 201,821,000 | 84,351,000 | 48,612,961 |
| Preferred stock 0.001 par value 10,000,000 shares authorized series a shares 2,000,000 authorized 1,750,000 issued and outstanding (liquidation preference 0.02 per share) series x shares 0 and 1,000,000 authorized, issued and outstanding, respectively | 2,000 | 3,000 | 2,000 | 1,750 |
| Common stock 0.001 par value 600,000,000 and 300,000,000 shares authorized 296,087,533 and 270,897,784 shares issued 284,327,598 and 270,897,784 shares outstanding, respectively | 296,000 | 271,000 | 160,000 | 55,662 |
| Additional paid-in capital | 2,445,723,000 | 2,239,367,000 | 1,009,482,000 | 599,898,202 |
| Accumulated other comprehensive income | 0 | 418,000 | 226,000 | 110,108 |
| Accumulated deficit | -125,894,000 | -479,218,000 | -332,643,000 | -196,053,911 |
| Treasury stock at cost 11,759,935 and 0 shares held, respectively | 145,000,000 | - | - | - |
| Total stockholders' equity | 2,175,127,000 | 1,760,841,000 | 677,227,000 | 404,011,811 |
| Total liabilities and stockholders' equity | 3,183,631,000 | 1,962,662,000 | 761,578,000 | 452,624,772 |
CLEANSPARK, INC. (CLSK)
CLEANSPARK, INC. (CLSK)