TeraWulf Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Mar '21 Mar 31, 2021
Cash & Equivalents	218.16	274.07	54.44	1.28	43.45	6.3
Cash & Short-Term Investments	218.16	274.07	54.44	1.28	43.45	6.3
Cash Growth	376.09%	403.44%	4156.37%	-97.06%	589.65%	-
Other Receivables	5.1	3.8	1	-	0.65	-
Receivables	5.1	3.8	1	-	0.65	-
Prepaid Expenses	4.8	2.49	4.54	5.1	1.49	0.01
Restricted Cash	-	-	-	7.04	3.01	-
Other Current Assets	1.99	1.07	2.61	0.73	19.46	-
Total Current Assets	230.05	281.43	62.59	14.14	68.05	6.31
Property, Plant & Equipment	602.39	451.14	179.76	145.84	21.91	-
Long-Term Investments	-	-	98.61	98.74	104.28	-
Other Long-Term Assets	8.73	54.94	37.15	58.96	70.67	23.7
Total Assets	841.16	787.51	378.11	317.69	264.91	30.01
Accounts Payable	54.9	24.38	15.17	21.86	11.79	0.04
Accrued Expenses	13.94	9.53	11.68	29.55	16.27	0.26
Short-Term Debt	-	-	1.8	5.53	-	-
Current Portion of Long-Term Debt	-	-	123.47	51.94	-	-
Current Portion of Leases	0.03	0.03	0.05	0.04	0.09	-
Other Current Liabilities	52.06	17.91	2.5	17.1	17.71	1.44
Total Current Liabilities	120.93	51.85	154.66	126.02	45.86	1.74
Long-Term Debt	488.11	487.5	0.06	72.97	94.63	-
Long-Term Leases	3.71	3.72	0.9	0.95	0.99	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.26	-
Total Liabilities	670.79	543.07	155.62	199.93	141.73	1.74
Common Stock	0.41	0.4	0.28	0.15	0.1	0.05
Additional Paid-In Capital	705.9	685.26	472.83	294.81	218.76	29.89
Retained Earnings	-393.69	-332.28	-259.9	-186.47	-95.68	-1.68
Treasury Stock	-151.51	-118.22	-	-	-	-
Total Common Equity	161.1	235.17	213.22	108.48	123.18	28.27
Shareholders' Equity	170.38	244.45	222.49	117.75	123.18	28.27
Total Liabilities & Equity	841.16	787.51	378.11	317.69	264.91	30.01
Total Debt	491.85	491.25	126.27	131.43	95.71	-
Net Cash (Debt)	-273.69	-217.18	-71.83	-130.15	-52.26	6.3
Net Cash Per Share	-0.73	-0.62	-0.34	-1.18	-0.61	0.11
Filing Date Shares Outstanding	384.58	383.14	302.24	186.27	100.7	50
Total Common Shares Outstanding	383.73	385.65	276.73	145.49	99.98	50
Working Capital	109.12	229.59	-92.08	-111.88	22.2	4.57
Book Value Per Share	0.42	0.61	0.77	0.75	1.23	0.57
Tangible Book Value	161.1	235.17	213.22	108.48	123.18	28.27
Tangible Book Value Per Share	0.42	0.61	0.77	0.75	1.23	0.57
Machinery	288.61	224.79	116.37	78.32	0.02	-
Construction In Progress	183.35	107.62	24.58	32.36	20.87	-
Leasehold Improvements	119.57	91.61	62.85	29.88	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.