Cipher Digital Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	628.26	5.59	86.11	11.93	209.84
Cash & Short-Term Investments	628.26	5.59	86.11	11.93	209.84
Cash Growth	11149.11%	-93.51%	621.93%	-94.32%	-
Accounts Receivable	0.69	0.6	0.62	0.1	-
Other Receivables	-	-	0.25	-	-
Receivables	0.69	0.6	0.87	0.1	-
Prepaid Expenses	7.98	3.39	3.67	6.05	13.82
Restricted Cash	1,761	-	-	-	-
Other Current Assets	254.64	158.64	64.86	29.66	-
Total Current Assets	2,653	168.21	155.5	47.74	223.66
Property, Plant & Equipment	633.78	493.43	250.89	196.28	5.12
Long-Term Investments	29.4	53.91	35.26	37.48	-
Other Intangible Assets	77.39	8.88	8.11	0.6	-
Long-Term Deferred Charges	-	-	-	-	0.17
Other Long-Term Assets	898.49	131.03	116.38	136.38	125.21
Total Assets	4,292	855.45	566.14	418.46	354.17
Accounts Payable	40.06	22.7	6.53	15.87	0.24
Accrued Expenses	29.36	14.02	5.94	-	0.25
Short-Term Debt	-	32.33	-	-	-
Current Portion of Long-Term Debt	37.79	-	-	-	-
Current Portion of Leases	5.97	6.93	4.57	3.94	-
Current Income Taxes Payable	9.31	14.61	15.18	18.8	-
Other Current Liabilities	576.58	41.19	1.57	1.72	0
Total Current Liabilities	699.07	131.78	33.79	40.33	0.5
Long-Term Debt	2,712	-	-	-	-
Long-Term Leases	11.64	17.16	17.41	16.72	-
Long-Term Deferred Tax Liabilities	-	4.27	5.21	1.84	-
Other Long-Term Liabilities	33.7	20.28	18.39	16.68	0.14
Total Liabilities	3,456	173.49	74.8	75.57	0.64
Common Stock	0.41	0.36	0.3	0.25	0.25
Additional Paid-In Capital	1,809	863.02	627.82	453.85	425.44
Retained Earnings	-1,004	-181.41	-136.78	-111.21	-72.16
Treasury Stock	-0.01	-0.01	-0.01	-0	-0
Total Common Equity	805.54	681.95	491.34	342.89	353.53
Minority Interest	30.32	-	-	-	-
Shareholders' Equity	835.85	681.95	491.34	342.89	353.53
Total Liabilities & Equity	4,292	855.45	566.14	418.46	354.17
Total Debt	2,767	56.42	21.98	20.66	-
Net Cash (Debt)	-2,139	-50.83	64.13	-8.73	209.84
Net Cash Per Share	-5.60	-0.16	0.25	-0.04	0.96
Filing Date Shares Outstanding	405.12	361.53	296.49	248.63	250.17
Total Common Shares Outstanding	404.96	350.78	290.96	247.55	249.28
Working Capital	1,954	36.43	121.71	7.41	223.16
Book Value Per Share	1.99	1.94	1.69	1.39	1.42
Tangible Book Value	728.15	673.07	483.23	342.3	353.53
Tangible Book Value Per Share	1.80	1.92	1.66	1.38	1.42
Land	79.05	49.02	-	-	-
Buildings	66.59	-	-	-	-
Machinery	-	-	-	0.23	0.06
Construction In Progress	276.47	82.02	0.05	20.44	5.07
Leasehold Improvements	134.12	137.58	138.88	94.81	-

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