TeraWulf Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $3.27B | $274.1M | $54.4M | $1.3M | $43.4M | $3.7M | $963.6K | $1.6M |
| Accounts Receivable | $1.2M | $475.0K | — | — | — | $2.1M | $2.4M | $2.2M |
| Inventory | — | — | — | — | — | $1.6M | $2.2M | $2.0M |
| Total Current Assets | $3.48B | $281.4M | $62.6M | $14.1M | $68.1M | $7.8M | $8.7M | $9.0M |
| Property, Plant & Equipment | $1.51B | $411.9M | $205.3M | $191.5M | $91.4M | $7.4M | $7.9M | $8.1M |
| Goodwill | $55.5M | $0 | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | $243.6K | $271.4K | $376.4K |
| Total Assets | $6.56B | $787.5M | $378.1M | $317.7M | $264.9M | $15.4M | $16.9M | $17.4M |
| Liabilities | ||||||||
| Accounts Payable | $65.1M | $24.4M | $15.2M | $21.9M | $11.8M | $459.8K | $761.6K | $647.5K |
| Total Current Liabilities | $1.74B | $51.8M | $154.7M | $126.0M | $45.9M | $3.6M | $1.9M | $1.3M |
| Long-Term Debt | $3.05B | $0 | $56.0K | $73.0M | $94.6M | — | $2.7M | $2.8M |
| Total Liabilities | $6.42B | $543.1M | $155.6M | $199.9M | $141.7M | $3.6M | $4.6M | $4.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-993.7M | $-332.3M | $-259.9M | $-186.5M | $-95.7M | $8.9M | $9.3M | $10.2M |
| Total Stockholders' Equity | $140.4M | $244.4M | $222.5M | $117.8M | $123.2M | $11.8M | $12.3M | $13.1M |