Company: CIFRW
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001819989-25-000005
Chunk: 236

Company: Cipher Mining Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 236
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 by investing activities(192,129)52,755 Cash flows from financing activitiesProceeds from the issuance of common stock225,181 135,848 Offering costs paid for the issuance of common stock(3,487)(3,404)Repurchase of common shares to pay employee withholding taxes(27,641)(3,902)Proceeds from loans25,000 - Principal payments on financing lease(5,541)(12,878)Net cash provided by financing activities213,512 115,664 Net (decrease) increase in cash, cash equivalents, and restricted cash(66,128)74,178 Cash, cash equivalents, and restricted cash, beginning of the period86,105 11,927 Cash and cash equivalents, and restricted cash, end of the period$19,977 $86,105 

F-8

The accompanying notes are an integral part of these consolidated financial statements

CIPHER MINING INC.

 CONSOLIDATED STATEMENT OF CASH FLOWS - CONTINUED

(in thousands)

Year Ended December 31,20242023Supplemental disclosure of noncash investing and financing activities Reclassification of deposits on equipment to property and equipment $154,898 $74,186  Property and equipment purchases in accounts payable and accrued expenses $42,192 $-  Bitcoin transferred for rehypothecated collateral $31,702 $-  Bitcoin received from equity investees $18,089 $317  Bitcoin received as a loan $9,976 $-  Bitcoin paid for interest on loan $1,977 $-  Sales tax accrual on machine purchases $2,219 $1,209  Right-of-use asset obtained in exchange for operating lease liability $6,733 $2,812  Settlement of related party payable related to master services and supply agreement $1,554 $-  Right-of-use asset obtained in exchange for finance lease liability $- $14,212  Issuance of common stock in exchange for intangible assets $- $7,000 

The following table provides a reconciliation of Cash and cash equivalents together with Restricted cash as reported within the Consolidated Balance Sheets to the sum of the same such amounts shown in the Consolidated Statements of Cash Flows.

December 31,20242023Cash and cash equivalents$5,585 $86,105 Restricted cash14