Company: CIFRW
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001819989-25-000005
Chunk: 38

Company: Cipher Mining Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 16
Chunk 38
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3,387 3,670 Bitcoin92,651 32,978 Receivable for bitcoin collateral32,248 - Derivative asset31,648 31,878 Total current assets168,205 155,498 Restricted cash14,392 - Property and equipment, net480,865 243,815 Deposits on equipment38,872 30,812 Intangible assets, net8,881 8,109 Investment in equity investees53,908 35,258 Derivative asset54,022 61,713 Operating lease right-of-use asset12,561 7,077 Security deposits19,782 23,855 Other noncurrent assets3,958 - Total assets$855,446 $566,137 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$22,699 $4,980 Accounts payable, related party- 1,554 Accrued expenses and other current liabilities69,824 22,439 Finance lease liability, current portion3,798 3,404 Operating lease liability, current portion3,127 1,166 Short-term borrowings32,330 - Warrant liability- 250 Total current liabilities131,778 33,793 Asset retirement obligations20,282 18,394 Finance lease liability7,331 11,128 Operating lease liability9,833 6,280 Deferred tax liability4,269 5,206 Total liabilities173,493 74,801 Commitments and contingencies (Note 13)Stockholders’ equityPreferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding as of December 31, 2024, and December 31, 2023- - Common stock, $0.001 par value, 500,000,000 shares authorized, 361,432,449 and 296,276,536 shares issued as of December 31, 2024 and December 31, 2023, respectively, and 350,783,817 and 290,957,862 shares outstanding as of December 31, 2024, and December 31, 2023, respectively361 296 Additional paid-in capital863,015 627,822 Accumulated deficit(181,412)(136,777)Treasury