wulf: the income statement

MyFinsight

TERAWULF INC. (WULF)

For the quarter ending 2025-06-30, WULF made $47,636K in revenue. -$18,370K in net income. Net profit margin of -38.56%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Revenue	47,636	27,059	35,574
Selling, general and administrative expenses	-	11,478	11,916
Operating expenses	-	729	797
Impairment of property, plant, and equipment	-	355	-
Selling, general and administrative expenses-Related Party	4,292	-	-
Selling, general and administrative expenses-Nonrelated Party	9,996	-	-
Operating expenses-Related Party	1,475	-	-
Operating expenses-Nonrelated Party	2,039	-	-
Loss on disposals of property, plant, and equipment	-3,831	-	-
Depreciation	18,786	15,643	14,133
(gain) loss on fair value of digital currency, net	887	951	-700
Cost of revenue (exclusive of depreciation shown below)	22,094	14,660	13,918
Change in fair value of contingent consideration	1,600	-	-
Total costs and expenses	63,226	42,770	-
Gross profit	-	-	21,656
Total cost of operations	-	-	28,421
Operating loss	-15,590	-15,711	-6,765
Interest income	1,232	-	-
Interest expense	4,012	409	5,325
Loss on extinguishment of debt	-	-4,273	-
Other income	-	339	447
Loss before income tax and equity in net income of investee	-18,370	-20,054	-11,643
Equity in net income of investee, net of tax	-	-2,679	767
Income tax benefit	-	-	-
Loss from continuing operations	-	-22,733	-10,876
Net loss	-18,370	-23,033	-11,168
Preferred stock dividends	-	300	292
Net loss available to common stockholders, basic	-	-23,033	-11,168
Net loss available to common stockholders, diluted	-	-23,033	-11,168

Basic (in dollars per share)	-0.05	-0.06	-0.03
Basic (in shares)	386,895,095	382,086,768	340,662,826
Diluted (in dollars per share)	-0.05	-0.06	-0.03
Diluted (in shares)	386,895,095	382,086,768	340,662,826

Unit: Thousand (K) dollars (except for numbers of shares and EPS)