For the quarter ending 2025-12-31, CLSK had $414,833K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Net (loss) income | -378,711 | -925 | 257,390 | -138,792 |
| Less loss from discontinued operations | - | 0 | - | - |
| Bitcoin mining revenue, net | 181,180 | 223,652 | 198,644 | 181,712 |
| Loss (gain) on fair value of bitcoin, net | -246,832 | 66,456 | 268,651 | -127,667 |
| Proceeds from sale of bitcoin | - | 0 | - | - |
| Realized gain on sale of bitcoin | - | 0 | - | - |
| Bitcoin issued for services | 712 | 546 | 482 | 490 |
| Impairment expense - fixed assets | 1,398 | 0 | 0 | - |
| Impairment expense - other | - | 0 | 0 | 0 |
| Impairment expense - bitcoin | - | 0 | - | - |
| Gain on derivative securities, net | 11,795 | 3 | -430 | -4,741 |
| Gain on fair value of contingent consideration | - | 0 | - | - |
| Loss (gain) on bitcoin collateral | -103,620 | 18,343 | 31,354 | 0 |
| Stock based compensation | 12,132 | 34,726 | 4,487 | 3,101 |
| Depreciation and amortization | 106,311 | 108,325 | 94,880 | 78,901 |
| Deferred income taxes, net | -31,415 | 14,830 | 21,607 | -3,044 |
| Gain on disposal of assets | 223 | -2,529 | -156 | 2,230 |
| Other | 2,089 | 678 | 1,436 | 1,045 |
| Decrease in operating lease liabilities | -425 | -416 | -315 | -193 |
| Decrease in accounts payable and accrued liabilities | -16,547 | 31,222 | 9,926 | -3,700 |
| Increase in prepaid expenses and other current assets | -1,278 | 1,171 | 2,259 | 827 |
| Increase in other long-term assets | -15,211 | -1,299 | 4,344 | 2,270 |
| Net cash (used in) provided by operating activities of continuing operations | - | -119,409 | -109,888 | -112,283 |
| Net cash (used in) provided by operating activities of discontinued operations | - | 0 | 0 | 0 |
| Net cash used in operating activities | -161,135 | -119,409 | -109,888 | -112,283 |
| Payments on miners and mining equipment, including deposits | 18,497 | 418,212 | - | - |
| Payments on miners and mining equipment (including deposits) | - | - | 128,531 | 31,726 |
| Purchase of fixed assets | 36,928 | 10,675 | 42,535 | 34,092 |
| Payments for deposits and other long-term assets | 8,849 | - | - | - |
| Purchase of bitcoin | - | -78,032 | -82,152 | - |
| Purchase of bitcoin and bitcoin receivables | -26,193 | - | - | - |
| Proceeds from sale of bitcoin and option settlement | 175,341 | 250,533 | 127,625 | 0 |
| Proceeds from sale of miners | 3,136 | -1,170 | 1,320 | 11,378 |
| Purchase of derivative contracts | -872 | - | - | - |
| Proceeds from sale of derivative contracts | 14,059 | 9,244 | 409 | - |
| Acquisition of griid infrastructure | 0 | 0 | 0 | 0 |
| Asset acquisition - lafayette, ga location | - | 0 | 1,413 | - |
| Asset acquisition - sealy, tx location | 20,189 | - | - | - |
| Asset acquisition - twin city, ga location | - | 0 | 0 | 5,490 |
| Asset acquisition - other locations | 1,418 | - | - | - |
| Asset acquisition - tennessee locations | 0 | 0 | 0 | 0 |
| Asset acquisition - wyoming locations | - | 0 | - | - |
| Asset acquisition - ln energy | - | 0 | 0 | - |
| Asset acquisition - mississippi locations | - | 0 | 0 | 0 |
| Asset acquisition - dalton, ga locations | - | 0 | 0 | 0 |
| Asset acquisition - land in sandersville, ga | - | 0 | 0 | - |
| Acquisition of mawson | - | 0 | - | - |
| Notes receivable from griid | - | 0 | 0 | - |
| Other | - | -1,525 | - | - |
| Net cash used in investing activities of continuing operations | - | 135,498 | -125,277 | -59,930 |
| Net cash provided by investing activities of discontinued operations | - | 0 | - | - |
| Net cash provided by (used in) investing activities | 79,590 | 135,498 | -125,277 | -59,930 |
| Purchase of treasury stock | 460,000 | 0 | 0 | 0 |
| Payments for capped call | 0 | 0 | 0 | 0 |
| Payments on debt | 580 | 77,467 | 4,090 | 2,265 |
| Payments on lines of credit | 250,500 | - | - | - |
| Proceeds from lines of credit | 76,000 | - | - | - |
| Payments of loan issuance costs | - | - | 0 | 0 |
| Payments of debt issuance costs | 2,429 | 2,007 | - | - |
| Payments on preferred dividends | 396 | 5,603 | 0 | 5,141 |
| Payments on finance leases | 51 | -9 | -8 | 16 |
| Refund of debt commitment fee | - | 0 | - | - |
| Proceeds from debt, net of issuance fees | 1,133,086 | 77,000 | 176,500 | 0 |
| Payments of taxes on shares withheld for net settlement of restricted stock units | -387 | 2,010 | 0 | 0 |
| Proceeds from exercise of options and warrants | 932 | 423 | 345 | 44 |
| Proceeds from equity offerings, net | 0 | 0 | 0 | 1 |
| Net cash provided by financing activities - continuing operations | - | - | 172,763 | -7,377 |
| Equity issuance costs | 71 | - | - | - |
| Net cash provided by financing activities | 496,378 | -7,648 | 172,763 | -7,377 |
| Net increase in cash, cash equivalents and restricted cash | 414,833 | 8,441 | -62,402 | -179,590 |
| Cash and cash equivalents at beginning of period | 46,456 | 38,015 | 100,417 | 280,007 |
| Cash and cash equivalents at end of period | 461,289 | 46,456 | 38,015 | 100,417 |
CLEANSPARK, INC. (CLSK)
CLEANSPARK, INC. (CLSK)