| Income Statement | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Income tax expense | - | - | - | 0 |
| Total revenues, net | 766,314,000 | 378,968,000 | 168,408,000 | 131,524,445 |
| Cost of revenues (exclusive of depreciation and amortization shown below) | 343,101,000 | 165,516,000 | 93,580,000 | 41,233,650 |
| Professional fees | 13,785,000 | 13,806,000 | 10,869,000 | 6,469,064 |
| Payroll expenses | 104,379,000 | 74,095,000 | 45,714,000 | 40,920,163 |
| General and administrative expenses | 52,625,000 | 30,185,000 | 20,823,000 | 10,422,716 |
| (gain) loss on disposal of assets | 336,000 | -5,466,000 | -1,931,000 | 642,691 |
| Gain on fair value of bitcoin, net | 425,646,000 | 113,423,000 | - | - |
| Depreciation and amortization | 348,335,000 | 154,609,000 | 120,728,000 | 49,044,877 |
| Indirect tax contingency expenses | 11,122,000 | - | - | - |
| Impairment expense - bitcoin | 0 | 0 | 7,163,000 | 12,210,269 |
| Impairment expense - fixed assets | 0 | 197,041,000 | - | - |
| Impairment expense - other | 0 | 716,000 | 0 | 250,000 |
| Impairment expense - goodwill | - | 0 | 0 | 12,048,419 |
| Realized gain on sale of bitcoin | 0 | 0 | 1,357,000 | 2,567,101 |
| Total costs and expenses | 447,365,000 | 528,011,000 | 299,451,000 | 169,389,366 |
| Income (loss) from operations | 318,949,000 | -149,043,000 | -131,043,000 | -37,864,921 |
| Gain on fair value of contingent consideration | 0 | 0 | 2,484,000 | 305,731 |
| Recognized gain on bitcoin collateral returned | - | 91,000 | - | - |
| Change in fair value of bitcoin collateral pledged | - | 1,384,000 | - | - |
| Realized gain on sale of equity security | - | 0 | 0 | 665 |
| Unrealized loss on equity security | - | 0 | 0 | -1,847 |
| Gain on bitcoin collateral | 92,190,000 | - | - | - |
| Loss on derivative securities, net | -1,546,000 | -965,000 | -259,000 | -1,949,770 |
| Interest income | 4,125,000 | 8,555,000 | 481,000 | 190,540 |
| Interest expense | 11,335,000 | 2,455,000 | 2,977,000 | 1,077,827 |
| Other income | 1,192,000 | 0 | 11,000 | 308,036 |
| Total other income (expense) | 84,626,000 | 6,610,000 | -260,000 | -2,224,472 |
| Income (loss) before income tax expense (benefit) | 403,575,000 | -142,433,000 | -131,303,000 | -40,089,393 |
| Income tax expense | 39,111,000 | 3,344,000 | 857,000 | - |
| Income (loss) from operations | 364,464,000 | -145,777,000 | -132,160,000 | -40,089,393 |
| Loss from discontinued operations | - | 0 | -4,429,000 | -17,236,961 |
| Income tax expense | - | 0 | 0 | 0 |
| Loss on discontinued operations | - | 0 | -4,429,000 | -17,236,961 |
| Net income (loss) | 364,464,000 | -145,777,000 | -136,589,000 | -57,326,354 |
| Preferred stock dividends | 11,140,000 | 3,422,000 | - | 335,439 |
| Net income (loss) attributable to common shareholders | 353,324,000 | -149,199,000 | -136,589,000 | -57,661,793 |
| Other comprehensive income (loss) | - | - | - | 115,500 |
| Other comprehensive (loss) income, net of tax | -418,000 | 192,000 | 116,000 | - |
| Total comprehensive income (loss) attributable to common shareholders | 352,906,000 | -149,007,000 | -136,473,000 | -57,546,293 |
| Weighted average number of shares outstanding, basic, total | 282,182,800 | 216,860,819 | 102,707,509 | 42,614,197 |
| Weighted average number of shares outstanding, diluted, total | 317,761,220 | 216,860,819 | 102,707,509 | 42,614,197 |
CLEANSPARK, INC. (CLSK)
CLEANSPARK, INC. (CLSK)