TeraWulf Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-661.4M | $-72.4M | $-73.4M | $-90.8M | $-95.7M | $-439.3K | $-813.6K | $139.5K |
| Depreciation & Amortization | — | — | — | — | — | — | $640.0K | $758.8K |
| Depreciation | $88.6M | $59.8M | $28.4M | $6.7M | — | $661.6K | $640.0K | — |
| Amortization | — | — | — | — | — | $25.8K | $31.9K | $24.7K |
| Stock-Based Compensation | $50.9M | $30.9M | $5.9M | $1.6M | — | $22.0K | $8.8K | $13.6K |
| Net Cash from Operating Activities | $-123.2M | $-24.4M | $4.3M | $-34.1M | $-24.1M | $-398.8K | $-477.0K | $1.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.06B | $267.9M | $75.2M | $61.1M | $109.1M | $149.9K | $478.4K | $543.1K |
| Business Acquisitions | $21.7M | $0 | $0 | — | $10.3M | — | — | — |
| Net Cash from Investing Activities | $-1.37B | $-91.2M | $-78.0M | $-94.0M | $-201.4M | $2.1M | $7.6K | $-393.1K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $33.3M | $118.2M | $0 | $0 | — | — | $49.6K | — |
| Net Cash from Financing Activities | $4.94B | $335.2M | $119.9M | $90.0M | $272.0M | $1.1M | $-190.0K | $-138.2K |
| Net Change in Cash | $3.45B | $219.6M | $46.1M | $-38.1M | $46.5M | $2.7M | $-659.5K | $693.4K |
| Free Cash Flow | $-1.18B | $-292.4M | $-70.9M | $-95.2M | $-133.2M | $-548.7K | $-955.4K | $681.6K |