Cipher Mining 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 31, 2021
Cash & Equivalents	1,207	5.59	86.11	11.93	209.84	-
Cash & Short-Term Investments	1,207	5.59	86.11	11.93	209.84	-
Cash Growth	4664.58%	-93.51%	621.93%	-94.32%	-	-
Accounts Receivable	0.7	0.6	0.62	0.1	-	-
Other Receivables	0.31	2.09	0.25	-	-	-
Receivables	1	2.69	0.87	0.1	-	-
Prepaid Expenses	3.97	3.39	3.67	6.05	13.82	-
Other Current Assets	207.07	156.55	64.86	29.66	-	-
Total Current Assets	1,419	168.21	155.5	47.74	223.66	-
Property, Plant & Equipment	661.74	493.43	250.89	196.28	5.12	0
Long-Term Investments	42.29	53.91	35.26	37.48	-	-
Other Intangible Assets	9.43	8.88	8.11	0.6	-	-
Long-Term Deferred Charges	-	-	-	-	0.17	0.17
Other Long-Term Assets	707.93	131.03	116.38	136.38	125.21	-
Total Assets	2,841	855.45	566.14	418.46	354.17	0.17
Accounts Payable	12.46	22.7	6.53	15.87	0.24	0
Accrued Expenses	15.7	12.7	5.94	-	0.25	0.17
Short-Term Debt	-	32.33	-	-	-	-
Current Portion of Leases	7.65	6.93	4.57	3.94	-	-
Current Income Taxes Payable	12.01	14.61	15.18	18.8	-	-
Other Current Liabilities	522.43	42.52	1.57	1.72	0	-
Total Current Liabilities	570.25	131.78	33.79	40.33	0.5	0.18
Long-Term Leases	13.26	17.16	17.41	16.72	-	-
Long-Term Deferred Tax Liabilities	3.87	4.27	5.21	1.84	-	-
Other Long-Term Liabilities	447.22	20.28	18.39	16.68	0.14	-
Total Liabilities	2,058	173.49	74.8	75.57	0.64	0.18
Common Stock	0.4	0.36	0.3	0.25	0.25	0.2
Additional Paid-In Capital	1,052	863.02	627.82	453.85	425.44	-
Retained Earnings	-269.45	-181.41	-136.78	-111.21	-72.16	-0
Treasury Stock	-0	-0.01	-0.01	-0	-0	-
Comprehensive Income & Other	-	-	-	-	-	-0.2
Shareholders' Equity	783.2	681.95	491.34	342.89	353.53	-0
Total Liabilities & Equity	2,841	855.45	566.14	418.46	354.17	0.17
Total Debt	1,044	56.42	21.98	20.66	-	-
Net Cash (Debt)	163.46	-50.83	64.13	-8.73	209.84	-
Net Cash Per Share	0.44	-0.16	0.25	-0.04	0.96	-
Filing Date Shares Outstanding	395.09	361.53	296.49	248.63	250.17	-
Total Common Shares Outstanding	393.6	350.78	290.96	247.55	249.28	-
Working Capital	849.23	36.43	121.71	7.41	223.16	-0.18
Book Value Per Share	1.99	1.94	1.69	1.39	1.42	-
Tangible Book Value	773.77	673.07	483.23	342.3	353.53	-0
Tangible Book Value Per Share	1.97	1.92	1.66	1.38	1.42	-
Land	58.33	49.02	-	-	-	-
Machinery	-	-	-	0.23	0.06	0
Construction In Progress	12.1	82.02	0.05	20.44	5.07	-
Leasehold Improvements	151.11	137.58	138.88	94.81	-	-

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