For the quarter ending 2025-12-31.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Total revenues, net | - | 223,652 | - | - |
| Bitcoin mining revenue, net | 181,180 | - | 198,644 | 181,712 |
| Cost of revenues (exclusive of depreciation and amortization) | 95,621 | 97,259 | 90,128 | 85,424 |
| Professional fees | 5,406 | 3,913 | 3,004 | 2,983 |
| Payroll expenses | 23,785 | 51,857 | 16,398 | 15,255 |
| General and administrative expenses | 15,442 | 14,269 | 16,566 | 11,736 |
| Loss on disposal of assets | 223 | -2,529 | -156 | 2,230 |
| Loss (gain) on fair value of bitcoin, net | -246,832 | 66,456 | 268,651 | -127,667 |
| Impairment expense - other | - | 0* | 0 | 0 |
| Depreciation and amortization | 106,311 | 108,325 | 94,880 | 78,901 |
| Indirect tax contingency expenses | 3,162 | 11,122* | - | - |
| Impairment expense - bitcoin | - | 0* | - | - |
| Realized gain on sale of bitcoin | - | 0* | - | - |
| Impairment expense - fixed assets | 1,398 | 0* | 0 | - |
| Total costs and expenses | 497,734 | 222,818 | -47,519 | 319,736 |
| (loss) income from operations | -316,554 | 834 | 246,163 | -138,024 |
| Gain on fair value of contingent consideration | - | 0* | - | - |
| (loss) gain on bitcoin collateral | -103,620 | 18,343 | 31,354 | 0 |
| Loss on derivative securities, net | 11,795 | 3 | -430 | -4,741 |
| Interest income | 2,185 | 280 | 355 | 2,014 |
| Interest expense | 3,696 | 4,209* | 3,454 | 1,267 |
| Other income | - | -1,346* | 1,509 | 183 |
| Other expense | 236 | - | - | - |
| Total other (expense) income | -93,572 | 13,071 | 29,334 | -3,811 |
| (loss) income before income tax (benefit) expense | -410,126 | 13,905 | 275,497 | -141,835 |
| Income tax (benefit) expense | -31,415 | 14,830 | 18,107 | -3,043 |
| (loss) income from operations | -378,711 | -925 | - | - |
| Net (gain) income | -378,711 | -925 | 257,390 | -138,792 |
| Preferred stock dividends | 0 | 396 | 5,603 | 0 |
| Net (gain) income attributable to common shareholders | -378,711 | -1,321 | 251,787 | -138,792 |
| Other comprehensive income, net of tax | 0 | -3,173 | -223 | 2,946 |
| Total comprehensive (gain) income attributable to common shareholders | -378,711 | -4,494 | 251,564 | -135,846 |
| Basic Average Shares | 281,474,949 | 282,329,769 | 280,997,649 | 280,853,882 |
| Diluted Average Shares | 281,474,949 | 372,709,407 | 325,594,451 | 280,853,882 |
CLEANSPARK, INC. (CLSK)
CLEANSPARK, INC. (CLSK)