Cipher Digital Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-822.2M | $-44.6M | $-25.8M | $-39.1M | $-72.2M | $-107.0K |
| Depreciation & Amortization | $199.0M | $102.4M | $59.1M | $4.4M | — | — |
| Depreciation | $199.0M | $102.4M | $59.1M | $4.4M | $5.0K | — |
| Amortization | $600.0K | $500.0K | $0 | — | — | — |
| Stock-Based Compensation | $52.8M | $42.1M | $38.5M | $41.5M | $63.8M | — |
| Net Cash from Operating Activities | $-207.9M | $-87.5M | $-94.2M | $-20.9M | $-31.7M | — |
| Investing Activities | ||||||
| Capital Expenditures | $487.9M | $139.5M | $20.5M | $39.2M | $5.1M | — |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-336.6M | $-192.1M | $52.8M | $-173.9M | $-120.1M | — |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | $89.6M | $27.6M | $3.9M | $3.1M | $23.2M | — |
| Net Cash from Financing Activities | $3.19B | $213.5M | $115.7M | $-3.1M | $361.6M | — |
| Net Change in Cash | $2.64B | $-66.1M | $74.2M | $-197.9M | $209.8M | — |
| Free Cash Flow | $-695.9M | $-227.0M | $-114.7M | $-60.1M | $-36.8M | — |