Cipher Digital Inc.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $831.8M | $715.2M | $628.3M | $1.21B | $62.7M | $23.2M | $5.6M | $25.3M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $4.13B | $3.89B | $2.65B | $1.42B | $219.7M | $154.6M | $168.2M | $151.8M |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $76.9M | $77.2M | $77.4M | $9.4M | $9.2M | $9.0M | $8.9M | $25.7M |
| Total Assets | $7.50B | $6.39B | $4.29B | $2.84B | $1.02B | $913.8M | $855.4M | $775.4M |
| Liabilities | ||||||||
| Accounts Payable | $289.1M | $197.9M | $40.1M | $12.5M | $14.9M | $29.9M | $22.7M | — |
| Total Current Liabilities | $1.38B | $1.25B | $699.1M | $570.2M | $52.5M | $138.7M | $131.8M | $59.1M |
| Long-Term Debt | $5.45B | $4.38B | $2.71B | $1.02B | $167.1M | — | $0 | — |
| Total Liabilities | $6.91B | $5.65B | $3.46B | $2.06B | $269.9M | $179.0M | $173.5M | $103.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.39B | $-1.12B | $-1.00B | $-269.5M | $-266.2M | $-220.4M | $-181.4M | $-198.9M |
| Total Stockholders' Equity | $562.1M | $714.2M | $805.5M | $783.2M | $748.9M | $734.8M | $682.0M | $672.0M |