← CLEANSPARK, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $437k | $57k | $413k | $7.8m | $460k | $261k | $20.5m | $29.2m | $121.2m | $43.0m | |
| Receivable from equity offerings | — | — | — | — | — | — | — | $9.6m | $0 | — | |
| Prepaid expense and other current assets | — | — | — | $1.2m | $999k | $5.1m | $7.9m | $12.0m | $8.0m | $11.9m | |
| Receivable from bitcoin collateral | — | — | — | — | — | — | — | $0 | $77.8m | $294.6m | |
| Note receivable from GRIID | — | — | — | — | — | — | — | $0 | $60.9m | $0 | |
| Total current assets | $604k | $129k | $548k | $9.9m | $8.3m | $57.7m | $50.8m | $102.2m | $705.4m | $1.3b | |
| Property and equipment, net | $783k | $125k | $87k | $145k | $118k | $137.6m | $376.8m | $564.4m | $869.7m | $1.4b | |
| Intangible assets, net | — | — | — | $7.4m | $7.0m | $12.3m | $6.5m | $4.6m | $3.0m | $5.8m | |
| Goodwill | $4.9m | $4.9m | $4.9m | $4.9m | $5.9m | $19.0m | $0 | $8.0m | $8.0m | $131.7m | |
| Right of use assets | — | — | — | — | $41k | $1.5m | $551k | $688k | $3.3m | $4.3m | |
| Other long-term asset | — | — | — | — | — | $876k | $4.0m | $5.7m | $13.3m | $23.5m | |
| Restricted Cash | — | — | — | — | — | — | — | $0 | $3.1m | $3.5m | |
| Bitcoin - current | — | — | — | — | — | — | — | $56.2m | $431.7m | $966.8m | |
| Derivative investments | — | — | — | — | $2.1m | $4.9m | $3.0m | $2.7m | $1.8m | $233k | |
| Investment in debt security, AFS, at fair value | — | — | — | — | $500k | $495k | $610k | $726k | $918k | $0 | |
| Current assets held for sale | — | — | — | — | — | $7.9m | $7.4m | $445k | $0 | — | |
| Bitcoin - noncurrent | — | — | — | — | — | — | — | — | $0 | $222.6m | |
| Deposits on miners and mining equipment | — | — | — | — | — | $88.0m | $12.5m | $76.0m | $359.9m | $112.0m | |
| Other current liabilities | — | — | — | — | — | — | — | $311k | $2.2m | $6.1m | |
| Current liabilities held for sale | — | — | — | — | — | $1.4m | $1.2m | $1.2m | $0 | — | |
| Finance lease liability, net of current portion | — | — | — | — | — | $458k | $180k | $9k | $0 | — | |
| Deferred income taxes | — | — | — | — | — | — | $0 | $857k | $5.8m | $44.9m | |
| Total assets | $33.0m | $20.8m | $17.6m | $23.4m | $22.3m | $317.5m | $452.6m | $761.6m | $2.0b | $3.2b | |
| Total liabilities and stockholders' equity | $33.0m | $20.8m | $17.6m | $23.4m | $22.3m | $317.5m | $452.6m | $761.6m | $2.0b | $3.2b | |
| Accounts payable | $291k | $143k | $132k | $849k | $4.5m | $8.0m | — | $39.9m | $83.0m | $15.2m | |
| Accrued liabilities | — | — | — | — | — | — | — | $25.7m | $43.9m | $117.5m | |
| Current portion of debt | — | — | — | $67k | — | $0 | $7.8m | $7.0m | $58.8m | $176.6m | |
| Dividends payable | — | — | — | — | — | $0 | $21k | $0 | $0 | $396k | |
| Operating lease liability, net of current portion | — | — | — | — | — | $1.2m | $448k | $519k | $997k | — | |
| Long-term debt, net of current portion, debt discount and debt issuance costs | — | — | — | $5.8m | — | $0 | $13.4m | $8.9m | $7.2m | $644.6m | |
| Total current liabilities | $357k | $301k | $1.3m | $1.5m | $5.4m | $10.1m | $34.0m | $74.1m | $187.9m | $315.8m | |
| Other long-term liabilities | — | — | — | — | — | — | — | — | $997k | $3.3m | |
| Total liabilities | $357k | $451k | $1.5m | $4.5m | $5.9m | $11.8m | $48.6m | $84.4m | $201.8m | $1.0b | |
| Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) Series X shares; 0 and 1,000,000 authorized, issued and outstanding, respectively | 1k | 1k | 1k | 1k | 2k | 2k | 2k | 2k | 3k | 2k | |
| Common stock; $0.001 par value; 600,000,000 and 300,000,000 shares authorized; 296,087,533 and 270,897,784 shares issued; 284,327,598 and 270,897,784 shares outstanding, respectively | 28k | 33k | 36k | 5k | 17k | 37k | 56k | 160k | 271k | 296k | |
| Additional paid-in capital | $39.1m | $40.2m | $83.0m | $111.9m | $132.8m | $444.1m | $599.9m | $1.0b | $2.2b | $2.4b | |
| Accumulated other comprehensive income | — | — | — | — | — | ($5k) | $110k | $226k | $418k | $0 | |
| Accumulated deficit | ($6.4m) | ($19.9m) | ($66.9m) | ($93.1m) | ($116.4m) | ($138.4m) | ($196.1m) | ($332.6m) | ($479.2m) | ($125.9m) | |
| Treasury stock at cost; 11,759,935 and 0 shares held, respectively | — | — | — | — | — | — | — | — | $0 | ($145.0m) | |
| Total stockholders' equity | $32.7m | $20.3m | $16.1m | $18.9m | $16.4m | $305.7m | $404.0m | $677.2m | $1.8b | $2.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.