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Balance Sheets Overview

Current Ratio
74.56%
Quick Ratio
74.56%
Cash Ratio
69.59%
Debt to Asset Ratio
98.17%
Unit: Thousand (K) dollars
Assets Breakdown
    • Property, plant and equipment, n...
    • Total current assets
    • Deferred charges
    • Others
Liabilities Breakdown
    • Long-term debt, convertible note...
    • Additional paid-in capital
    • Accumulated deficit
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
2,619,191
2,629,995
3,266,389
711,315
Restricted cash
142,938
196,282
189,933
-
Accounts receivable
13,202
5,604
1,212
3,506
Digital assets
133
1,237
270
492
Prepaid expenses
18,314
20,573
6,272
2,955
Other receivables
-
-
3,395
8,409
Other current assets
12,726
13,737
10,802
2,427
Total current assets
2,806,504
2,867,428
3,478,273
729,104
Property, plant and equipment, net
3,600,191
2,582,169
1,507,699
861,778
Equity in net assets of investee
424,062
434,793
446,008
-
Goodwill
55,457
55,457
55,457
55,457
Operating lease right-of-use asset
101,754
102,866
103,975
105,067
Finance lease right-of-use asset
117,814
118,576
119,338
120,100
Restricted cash
266,479
266,466
266,453
1,439
Deferred charges
572,599
572,774
572,888
572,943
Restricted trust investments
20,607
-
-
-
Other assets
82,928
8,257
8,091
8,557
Total assets
8,048,395
7,008,786
6,558,182
2,454,445
Accounts payable
197,812
227,598
65,139
62,281
Accrued construction liabilities
287,461
201,779
102,582
51,971
Accrued compensation
-
-
1,717
6,216
Accrued interest
57,292
114,825
52,775
6,868
Accrued lessor costs
-
-
27,625
42,813
Other accrued liabilities
-
-
44,828
4,217
Share based liability due to related party
-
-
-
10,747
Other current liabilities, other amounts-Nonrelated Party
159,472
87,944
-
-
Other amounts due to related parties
-
-
200
145
Other current liabilities, other amounts-Related Party
664
459
-
-
Current portion of deferred rent liability
49,682
56,683
58,184
50,653
Current portion of operating lease liability
2,102
2,065
2,015
1,993
Current portion of finance lease liability
2
2
2
2
Warrant liabilities
1,816,690
1,061,024
844,698
467,945
Short-term debt
-
98,573
-
-
Current portion of long-term debt
-
43,564
46,316
-
Current portion of long-term debt, short-term convertible notes-Senior Notes
90,718
-
-
-
Short-term convertible notes
-
490,354
489,767
-
Current portion of long-term debt, short-term convertible notes-Convertible Debt
1,101,976
-
-
-
Total current liabilities
3,763,871
2,384,870
1,735,848
705,851
Deferred rent liability, net of current portion
944
14,035
23,285
35,504
Operating lease liability, net of current portion
21,220
21,760
22,309
22,813
Finance lease liability, net of current portion
288
289
289
290
Long-term debt
-
3,060,194
3,052,240
-
Long-term debt, convertible notes-Senior Notes
3,019,335
-
-
-
Convertible notes
-
1,597,266
1,582,788
1,060,167
Long-term debt, convertible notes-Convertible Debt
1,001,083
-
-
-
Warrant liabilities, net of current portion
-
-
-
371,603
Deferred tax liabilities
132
104
76
-
Other liabilities
93,994
7,888
902
10,876
Total liabilities
7,900,867
7,086,406
6,417,737
2,207,104
Preferred stock, 0.001 par value, 100,000,000 authorized at september30, 2025 and december31, 2024 9,558 and 9,566 issued and outstanding at september30, 2025 and december31, 2024, respectively aggregate liquidation preference of 13,567 and 12,609 at september30, 2025 and december31, 2024, respectively
-
-
-
9,265
Common stock, 0.001 par value, 950,000,000 authorized at june30, 2026 and december31, 2025 522,901,181 and 444,534,694 issued at june30, 2026 and december31, 2025, respectively 498,932,431 and 420,065,944 outstanding at june30, 2026 and december31, 2025, respectively
523
450
444
439
Additional paid-in capital
2,656,313
1,493,611
1,285,202
1,256,260
Treasury stock at cost, 23,968,750 and 24,468,750 at june30, 2026 and december31, 2025, respectively
148,309
151,509
151,509
151,509
Accumulated deficit
-2,361,243
-1,421,326
-993,692
-867,114
Total terawulf inc. stockholders' equity
147,284
-78,774
140,445
247,341
Noncontrolling interests
244
1,154
-
-
Total equity
147,528
-77,620
-
-
Total liabilities and equity
8,048,395
7,008,786
6,558,182
2,454,445
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$2,619,191K (2810.44%↑ Y/Y)Restricted cash$142,938K (9930.74%↑ Y/Y)Prepaid expenses$18,314K (523.14%↑ Y/Y)Accounts receivable$13,202K (1026.45%↑ Y/Y)Other current assets$12,726K (2513.14%↑ Y/Y)Digital assets$133K Property, plant andequipment, net$3,600,191K (495.31%↑ Y/Y)Total current assets$2,806,504K (2731.56%↑ Y/Y)Deferred charges$572,599K Equity in net assets ofinvestee$424,062K Restricted cash$266,479K (18600.28%↑ Y/Y)Finance leaseright-of-use asset$117,814K (1556.09%↑ Y/Y)Operating leaseright-of-use asset$101,754K (9.73%↑ Y/Y)Other assets$82,928K (842.15%↑ Y/Y)Goodwill$55,457K (0.00%↑ Y/Y)Restricted trustinvestments$20,607K Total assets$8,048,395K (825.73%↑ Y/Y)Total liabilities andequity$8,048,395K (825.73%↑ Y/Y)Total liabilities$7,900,867K (1036.69%↑ Y/Y)Total equity$147,528K Total currentliabilities$3,763,871K (2387.62%↑ Y/Y)Long-term debt,convertible notes-Senior...$3,019,335K Long-term debt,convertible...$1,001,083K Other liabilities$93,994K (7560.47%↑ Y/Y)Operating leaseliability, net of current...$21,220K (88.54%↑ Y/Y)Deferred rent liability,net of current...$944K (-97.77%↓ Y/Y)Finance leaseliability, net of current...$288K (-0.69%↓ Y/Y)Deferred tax liabilities$132K Total terawulf inc.stockholders' equity$147,284K (-15.52%↓ Y/Y)Noncontrolling interests$244K Accumulated deficit-$2,361,243K (-473.03%↓ Y/Y)Treasury stock at cost,23,968,750 and 24,468,750...$148,309K (-2.11%↓ Y/Y)Warrant liabilities$1,816,690K Current portion oflong-term debt,...$1,101,976K Accrued constructionliabilities$287,461K (1273.51%↑ Y/Y)Accounts payable$197,812K (409.38%↑ Y/Y)Other currentliabilities, other...$159,472K Current portion oflong-term debt,...$90,718K Accrued interest$57,292K (2399.65%↑ Y/Y)Current portion ofdeferred rent liability$49,682K (4.12%↑ Y/Y)Current portion ofoperating lease liability$2,102K (241.23%↑ Y/Y)Other currentliabilities, other...$664K Current portion offinance lease liability$2K (0.00%↑ Y/Y)Additional paid-in capital$2,656,313K (264.77%↑ Y/Y)Common stock, 0.001 parvalue, 950,000,000...$523K (26.02%↑ Y/Y)
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TERAWULF INC. (WULF)

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TERAWULF INC. (WULF)