For the quarter ending 2025-09-30, CORZR had -$127,902K decrease in cash & cash equivalents over the period. -$112,712K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net loss | -146,660 | -936,799 | 580,693 | -265,541 |
| Depreciation and amortization | 16,329 | 18,756 | 19,731 | 26,041 |
| Losses on exchange or disposal of property, plant and equipment | -2,933 | -4,166 | -6 | -149 |
| Amortization of operating lease right-of-use assets | 2,844 | 2,728 | 2,676 | 3,114 |
| Stock-based compensation | 29,946 | 24,170 | 16,185 | 23,967 |
| Digital asset self-mining revenue | 57,627 | 62,328 | 67,441 | 425,253 |
| Proceeds from sale of digital assets generated by self-mining and shared hosting revenues | 0 | 0 | 0 | 402,461 |
| (increase) decrease in fair value of digital assets | 10,957 | 29,797 | -10,688 | -805 |
| Impairment of digital assets | - | - | - | 0 |
| Gain from sale of digital assets | - | - | 0 | 0 |
| Decrease in fair value of energy derivatives | 0 | 0 | 0 | 0 |
| Increase in fair value of warrant liabilities-Warrant Liability | 75,641 | 923,680 | -634,280 | 227,435 |
| Decrease in fair value of contingent value rights | -777 | -13,722 | 12,816 | -2,719 |
| Change in fair value of convertible notes | - | - | - | 0 |
| Change in fair value of other liabilities | - | - | - | 0 |
| Loss on debt extinguishment | 0 | -1,377 | 0 | 0 |
| Loss on issuance of notes payable through settlements | - | - | - | 0 |
| Amortization of debt discount | 1,311 | 1,633 | 1,732 | 1,394 |
| Non-cash reorganization items | 0 | 0 | 0 | 0 |
| Non-cash pik interest expense | 0 | 0 | - | -270 |
| Impairment of goodwill, other intangibles and property, plant and equipment | - | - | - | 0 |
| Provision for doubtful accounts | - | - | - | 0 |
| Equity line of credit expenses | - | - | - | 0 |
| Gain on sale of intangible assets | - | - | - | 0 |
| Deferred income taxes | - | - | - | 0 |
| Accounts receivable, net | - | - | -6 | -5,221 |
| Accounts receivable from related parties | - | - | - | 0 |
| Deposits for equipment for sales to customers | - | - | - | 0 |
| Customer funding receivable and other current assets | 3,850 | -33,447 | 10,469 | 23,080 |
| Accounts payable | -1,239 | -2,084 | -14,295 | -632 |
| Accrued expenses | 34,731 | -12,504 | 2,712 | 46,753 |
| Deferred revenue from services-High Performance Compute Hosting Service | - | - | - | 17,785 |
| Deferred revenue from services-Colocation Service | 192,503 | 89,288 | 42,005 | - |
| Deferred revenue from services-Digital Asset Hosted Mining Service | 1,458 | -34 | 734 | -9,481 |
| Deferred revenue from related parties | - | - | - | 0 |
| Other noncurrent assets and liabilities, net | 4,805 | 7,971 | 4,098 | 12,169 |
| Net cash provided by operating activities | 131,781 | 34,000 | -40,599 | 13,805 |
| Purchases of property, plant and equipment | 244,493 | 121,279 | 88,422 | 28,758 |
| Proceeds from sales of property and equipment | 258 | 1,671 | - | 0 |
| Deposits for self-mining equipment | - | - | - | 0 |
| Proceeds from the sale of coupons | - | - | - | 0 |
| Purchase of equity investments | 0 | 0 | 5,000 | - |
| Investments in internally developed software | - | 0 | 36 | 231 |
| Other | - | - | - | -191 |
| Investments in intangible assets | 10,160 | - | - | - |
| Net cash used in investing activities | -254,359 | -119,608 | -93,458 | -28,798 |
| Principal repayments of finance leases | 547 | 616 | 509 | 710 |
| Principal payments on debt | 0 | 4,658 | 3,955 | 12,931 |
| Debt extinguishment payments | 0 | 26,862 | - | - |
| Proceeds from exercise of warrants | 1,116 | 364 | 266 | 2,972 |
| Taxes paid related to net share settlement of equity awards | 5,893 | - | - | - |
| Proceeds from the issuance of 3.00 convertible senior notes, net-A3.00Convertible Senior Notes Due2029 | 0 | - | - | 447,609 |
| Issuance costs for 3.00 convertible senior notes-A3.00Convertible Senior Notes Due2029 | 0 | - | - | 2,529 |
| Proceeds for the issuance of senior convertible notes, net-Convertible Senior Notes Due2031 | - | - | - | 610,156 |
| Issuance costs for senior convertible notes-Convertible Senior Notes Due2031 | - | - | - | 1,313 |
| Proceeds from issuance of new common stock | 0 | 0 | 0 | 0 |
| Proceeds from draw from exit facility | 0 | 0 | 0 | 0 |
| Restricted stock tax holding obligations | 0 | 0 | 0 | 3 |
| Proceeds from exercise of stock options | 0 | 0 | 0 | 0 |
| Repurchase of common shares to pay employee withholding taxes | - | - | - | 0 |
| Proceeds from the xpdi merger, net of transaction costs | - | - | - | 0 |
| Proceeds from debt, net of issuance costs | - | - | - | 0 |
| Net cash (used in) provided by financing activities | -5,324 | -31,772 | -4,198 | 598,171 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -127,902 | -117,380 | -138,255 | 583,178 |
| Cash and cash equivalents at beginning of period | 581,345 | 698,725 | 836,980 | 253,802 |
| Cash and cash equivalents at end of period | 453,443 | 581,345 | 698,725 | 836,980 |
Core Scientific, Inc. tx (CORZR)
Core Scientific, Inc. tx (CORZR)