| Cash Flow | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|
| Stock based compensation | 10,609 | 6,122 | 3,021 | 22,696 |
| Other | 2,550 | 1,418 | 373 | 304 |
| Impairment - other | 0 | 0 | - | 396 |
| Net income | 365,389 | 107,999 | 246,791 | -83,598 |
| Increase in prepaid expenses and other current assets | 3,886 | 1,627 | 800 | 4,508 |
| Increase in other long-term assets | - | - | - | 3,593 |
| Decrease in operating lease liabilities | -656 | -341 | -148 | -166 |
| Decrease in accounts payable and accrued liabilities | 1,572 | -8,354 | -4,654 | 15,102 |
| Impairment expense - bitcoin | - | - | - | 0 |
| Impairment of fixed assets | 0 | - | - | 189,235 |
| Gain on bitcoin collateral | 73,847 | 42,493 | 42,493 | 0 |
| Unrealized loss on derivative asset | - | - | - | -1,005 |
| Depreciation and amortization | 240,010 | 145,130 | 66,229 | 102,761 |
| Deferred income taxes, net | 24,281 | 6,173 | 9,217 | 3,499 |
| Proceeds from sale of bitcoin | - | - | - | 0 |
| Gain on fair value of bitcoin (see note 2 and note 4) | 359,190 | 90,539 | 218,206 | 107,406 |
| (gain) loss on disposal of assets | 2,865 | 3,021 | 791 | -2,281 |
| Bitcoin mining revenue, net | 542,662 | 344,018 | 162,306 | 289,693 |
| Less income from discontinued operations | - | - | - | 0 |
| Increase in other long-term assets | -5,863 | -10,207 | -12,477 | - |
| Gain on fair value of contingent consideration | - | - | - | 0 |
| Loss on derivative securities | -1,549 | -1,119 | 3,622 | - |
| Bitcoin issued for services | 1,386 | 904 | 414 | 1,146 |
| Net cash used in operating activities - continuing operations | -341,623 | -231,735 | -119,452 | -150,539 |
| Net cash used in operating activities of discontinued operations | 0 | 0 | 0 | -438 |
| Net cash used in operating activities | -341,623 | -231,735 | -119,452 | -150,977 |
| Purchase of fixed assets | 133,986 | 91,451 | 57,359 | 53,289 |
| Asset acquistion - land in sandersville, ga | - | - | - | 1,038 |
| Payments on miners and mining equipment (including deposits) | 382,285 | 253,754 | 222,028 | - |
| Proceeds from sale of miners | 42,832 | 41,512 | 30,134 | 798 |
| Proceeds from sale of derivative contracts | 409 | - | - | - |
| Proceeds from sale of bitcoin | 127,625 | 0 | 0 | 42,803 |
| Asset acquisition - tennessee locations | 8,105 | 8,105 | 8,105 | - |
| Asset acquisition - dalton, ga location | 0 | 0 | - | - |
| Acquisition of griid infrastructure | -1,411 | -1,411 | -1,411 | - |
| Note receivable from griid | 0 | - | - | 15,000 |
| Payments on miners and mining equipment (including deposits) | - | - | - | 428,700 |
| Asset acquisition - mississippi locations | 0 | 0 | - | 19,771 |
| Purchase of bitcoin | -82,152 | - | - | - |
| Acquisition of mawson | - | - | - | 0 |
| Asset acquisition - twin city, ga location | 5,490 | 5,490 | - | - |
| Asset acquisition - ln energy | - | - | - | 25,932 |
| Asset acquisition - land in sandersville, ga | 0 | - | - | - |
| Asset acquisition - dalton, ga location | - | - | - | 3,569 |
| Asset acquisition - lafayette, ga location | 1,413 | - | - | - |
| Asset acquisition - coinmaker llc | - | - | - | 0 |
| Asset acquisition - ln energy | 0 | - | - | - |
| Net cash used in investing activities - continuing operations | -441,154 | -315,877 | -255,947 | -503,698 |
| Net cash provided by investing activities - discontinued operations | - | - | - | 0 |
| Net cash used in investing activities | -441,154 | -315,877 | -255,947 | -503,698 |
| Proceeds from exercise of options and warrants | 499 | 154 | 110 | 661 |
| Proceeds from loans payable, net of issuance fees | 812,195 | 635,695 | 635,695 | 0 |
| Proceeds from equity offerings, net | 186,808 | 186,808 | 186,807 | 780,043 |
| Payments of loan issuance costs | 2,007 | 2,007 | 2,007 | - |
| Payments on preferred dividends | 5,141 | 5,141 | - | 3,421 |
| Refund of loan commitment fee | - | - | - | 0 |
| Purchase of treasury stock | 145,000 | 145,000 | 145,000 | - |
| Payments on loans | 58,513 | 54,423 | 52,158 | 5,296 |
| Payments on finance leases | 34 | 42 | 26 | 117 |
| Payments of taxes on shares withheld for net settlement of restricted stock units | 1,943 | 1,943 | 1,943 | 17,246 |
| Payments for capped call | 90,350 | 90,350 | 90,350 | - |
| Net cash provided by financing activities - continuing operations | 696,514 | 523,751 | 531,128 | 754,624 |
| Net cash provided by financing activities - discontinued operations | - | - | - | 0 |
| Net cash provided by financing activities | 696,514 | 523,751 | 531,128 | 754,624 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -86,263 | -23,861 | 155,729 | 99,949 |
CLEANSPARK, INC. (CLSK)
CLEANSPARK, INC. (CLSK)