Company: CIFRW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001819989-25-000081
Chunk: 133

Company: Cipher Mining Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part II, Item 2
Chunk 133
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6,092)Net (loss) income$(45,781)$(15,291)$(84,756)$24,609 (Loss) income per share - basic and diluted$(0.12)$(0.05)$(0.23)$0.08 Weighted average shares outstanding - basic375,052,248314,353,742367,823,593305,497,621Weighted average shares outstanding - diluted375,052,248314,353,742367,823,593316,652,300

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

7

CIPHER MINING INC.

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

(in thousands, except for share amounts)

(unaudited)

Three Months Ended June 30, 2025

Common StockAdditionalPaid-in CapitalAccumulated Deficit Treasury Stock TotalStockholders’ EquitySharesAmountShares Amount Balance as of March 31, 2025371,313,598$371 $954,812 $(220,387)(455,899)$(1)$734,795 Issuance of common shares, net of offering costs - At-the-market offering14,185,2541451,472 - -- 51,486 Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement2,624,7363(3,175)- (909,143)(1)(3,173)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