Company: CIFRW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001819989-25-000081
Chunk: 78

Company: Cipher Mining Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part II, Item 1A
Chunk 78
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Share-based compensation--11,577 - -- 11,577 Net loss--- (45,781)-- (45,781)Balance as of June 30, 2025388,123,588$388 $1,014,686 $(266,168)(1,365,042)$(2)$748,904 

Three Months Ended June 30, 2024

Common Stock AdditionalPaid-in Capital Accumulated Deficit Treasury Stock TotalStockholders’ EquityShares Amount Shares Amount Balance as of  March 31, 2024312,649,102$313 $697,494 $(96,877)(6,105,772)$(6)$600,924 Issuance of common shares, net of offering costs - At-the-market offering20,626,14521 95,836 - -- 95,857 Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement2,282,6252 (4,057)- (835,674)(1)(4,056)Share-based compensation-- 13,337 - -- 13,337 Net loss-- - (15,291)-- (15,291)Balance as of June 30, 2024335,557,872$336 $802,610 $(112,168)(6,941,446)$(7)$690,771 

8

CIPHER MINING INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)

(in thousands, except for share amounts)

(unaudited)

Six Months Ended June 30, 2025

Common StockAdditionalPaid-in Capital Accumulated Deficit Treasury Stock TotalStockholders’ Equity SharesAmountShares Amount Balance as of December 31, 2024361,432,449$361 $863,015 $(181,412)(10,648,632)$(11)$681,953 Issuance of common shares, net of offering costs - At-the-market offering23,334,70123 85,642 - -- 85,665 Treasury stock reissued for PIPE Investment— - 49,990 - 10,438,41310 50,000 Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement3,356,4384 (4,319)-