For the quarter ending 2025-09-30, WULF made $50,578K in revenue. -$455,050K in net income. Net profit margin of -899.70%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 50,578 | 47,636 | 34,405 | 34,985 |
| Cost of revenue (exclusive of depreciation shown below) | 17,123 | 22,094 | 24,553 | 19,622 |
| Operating expenses-Nonrelated Party | 2,921 | 2,039 | 1,144 | 931 |
| Operating expenses-Related Party | 1,582 | 1,475 | 1,748 | 1,266 |
| Selling, general and administrative expenses-Nonrelated Party | 16,550 | 9,996 | 46,573 | 20,134 |
| Selling, general and administrative expenses-Related Party | 126 | 4,292 | 3,571 | 3,458 |
| Depreciation | 26,502 | 18,786 | 15,574 | 15,016 |
| Gain on fair value of digital assets, net | 338 | 887 | -870 | 975 |
| Realized gain on sale of digital currency | - | - | - | 0 |
| Change in fair value of contingent consideration | 8,797 | 1,600 | - | - |
| Impairment of digital currency | - | - | - | 0 |
| Impairment of property, plant, and equipment | 0 | - | - | - |
| Loss on disposals of property, plant, and equipment, net | -1,987 | -3,831 | - | -5,941 |
| Loss on nonmonetary miner exchange | - | - | - | 0 |
| Total costs and expenses | 75,250 | 63,226 | 94,033 | 29,256 |
| Operating loss | -24,672 | -15,590 | -59,628 | -51,424 |
| Interest expense | 9,830 | 4,012 | 4,049 | 11,045 |
| Change in fair value of warrant and derivative liabilities | -424,642 | - | - | - |
| Loss on extinguishment of debt | 0 | 0 | 0 | 0 |
| Other income | - | - | - | 2,641 |
| Interest income | 4,094 | 1,232 | 2,259 | - |
| Loss before income tax and equity in net income of investee | -455,050 | -18,370 | -61,418 | -51,798 |
| Income tax benefit | 0 | 0 | 0 | 0 |
| Equity in net (loss) income of investee, net of tax | 0 | 0 | 0 | 0 |
| Gain on sale of equity interest in investee | - | - | - | 22,602 |
| Loss from continuing operations | - | - | - | -29,196 |
| Loss from discontinued operations, net of tax | - | - | - | 0 |
| Net loss | -455,050 | -18,370 | -61,418 | -29,196 |
| Basic (in dollars per share) | -1.13 | -0.05 | -0.16 | -0.09 |
| Basic (in shares) | 401,559,291 | 386,895,095 | 383,149,511 | -662,036,843 |
| Diluted (in dollars per share) | -1.13 | -0.05 | -0.16 | -0.09 |
| Diluted (in shares) | 401,559,291 | 386,895,095 | 383,149,511 | -662,036,843 |
TERAWULF INC. (WULF)
TERAWULF INC. (WULF)