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	Jun '25 Jun 30, 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	89.99	274.07	54.44	1.28	43.45	6.3
Cash & Short-Term Investments	89.99	274.07	54.44	1.28	43.45	6.3
Cash Growth	-13.56%	403.44%	4156.37%	-97.06%	589.65%	-
Other Receivables	4.52	3.8	1	-	0.65	-
Receivables	5.7	3.8	1	-	0.65	-
Prepaid Expenses	2.94	2.49	4.54	5.1	1.49	0.01
Restricted Cash	-	-	-	7.04	3.01	-
Other Current Assets	0.49	1.07	2.61	0.73	19.46	-
Total Current Assets	99.12	281.43	62.59	14.14	68.05	6.31
Property, Plant & Equipment	704.61	451.14	179.76	145.84	21.91	-
Long-Term Investments	-	-	98.61	98.74	104.28	-
Other Long-Term Assets	10.23	54.94	37.15	58.96	70.67	23.7
Total Assets	869.41	787.51	378.11	317.69	264.91	30.01
Accounts Payable	38.83	24.38	15.17	21.86	11.79	0.04
Accrued Expenses	12.51	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	0.62	0.03	0.05	0.04	0.09	-
Other Current Liabilities	98.66	17.91	2.5	17.1	17.71	1.44
Total Current Liabilities	151.3	51.85	154.66	126.02	45.86	1.74
Long-Term Debt	488.72	487.5	0.06	72.97	94.63	-
Long-Term Leases	11.55	3.72	0.9	0.95	0.99	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.26	-
Total Liabilities	695.08	543.07	155.62	199.93	141.73	1.74
Common Stock	0.42	0.4	0.28	0.15	0.1	0.05
Additional Paid-In Capital	728.22	685.26	472.83	294.81	218.76	29.89
Retained Earnings	-412.06	-332.28	-259.9	-186.47	-95.68	-1.68
Treasury Stock	-151.51	-118.22	-	-	-	-
Total Common Equity	165.06	235.17	213.22	108.48	123.18	28.27
Shareholders' Equity	174.33	244.45	222.49	117.75	123.18	28.27
Total Liabilities & Equity	869.41	787.51	378.11	317.69	264.91	30.01
Total Debt	500.88	491.25	126.27	131.43	95.71	-
Net Cash (Debt)	-410.89	-217.18	-71.83	-130.15	-52.26	6.3
Net Cash Per Share	-1.06	-0.62	-0.34	-1.18	-0.61	0.11
Filing Date Shares Outstanding	391.93	383.14	302.24	186.27	100.7	50
Total Common Shares Outstanding	390.13	385.65	276.73	145.49	99.98	50
Working Capital	-52.19	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	109.6	235.17	213.22	108.48	123.18	28.27
Tangible Book Value Per Share	0.28	0.61	0.77	0.75	1.23	0.57
Machinery	281.14	224.79	116.37	78.32	0.02	-
Construction In Progress	277.95	107.62	24.58	32.36	20.87	-
Leasehold Improvements	136.78	91.61	62.85	29.88	-	-

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