MARA Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $547.1M | $391.8M | $357.3M | $103.7M | $268.6M | $141.3M | $693.0K | $2.6M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $664.3M | $470.4M | $1.03B | $277.5M | $684.2M | $286.4M | $1.5M | $3.0M |
| Property, Plant & Equipment | $1.49B | $1.55B | $671.8M | $273.0M | $276.2M | $17.2M | $3.8M | $1.0M |
| Goodwill | $0 | $82.8M | $0 | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $988.0K | $2.7M | $0 | — | $931.0K | $1.0M | $1.1M | $1.1M |
| Total Assets | $7.29B | $6.80B | $1.99B | $1.20B | $1.44B | $313.3M | $6.6M | $5.2M |
| Liabilities | ||||||||
| Accounts Payable | $12.5M | $12.6M | $11.3M | $1.3M | $7.8M | $999.7K | $1.2M | $1.2M |
| Total Current Liabilities | $521.9M | $95.2M | $33.8M | $26.1M | $11.3M | $1.4M | $1.9M | $2.3M |
| Long-Term Debt | $3.20B | $2.45B | $325.7M | $782.2M | $728.4M | — | $999.1K | $999.1K |
| Total Liabilities | $3.82B | $2.67B | $375.1M | $809.3M | $765.2M | $1.5M | $3.0M | $2.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.34B | $-26.4M | $-567.6M | $-840.3M | $-146.3M | $-116.1M | $-105.6M | $-102.1M |
| Total Stockholders' Equity | $3.47B | $4.13B | $1.62B | $385.9M | $682.1M | $311.7M | $3.6M | $2.9M |