CleanSpark Inc. (CLSKW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10624 S. EASTERN AVE. HENDERSON, NV 89052 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 121,222 | 126,141 | 48,458 | 29,215 | 21,833 | ||||
| Cash and cash equivalent | 121,222 | 126,141 | 48,458 | 29,215 | 21,833 | ||||
| Receivables | (348) | 5 | 100 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 1,538 | 991 | 732 | 809 | 1,037 | ||||
| Inventory | 1,538 | 991 | 732 | 809 | 1,037 | ||||
| Prepaid expense | 3,031 | ||||||||
| Disposal group, including discontinued operation | 320 | ||||||||
| Asset, held-for-sale, not part of disposal group | 320 | 324 | 384 | 445 | 4,919 | ||||
| Other current assets | 413,033 | 357,981 | 126,951 | 56,241 | 13,925 | ||||
| Other undisclosed current assets | 584,208 | 54,452 | 328,475 | 5,528 | 15,457 | 10,885 | |||
| Total current assets: | 705,430 | 598,835 | 687,771 | 181,705 | 102,172 | 52,699 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,263 | 2,872 | 228 | 647 | 688 | 731 | |||
| Property, plant and equipment | 869,693 | 568,393 | 670,510 | 637,481 | 564,395 | 482,428 | |||
| Intangible assets, net (including goodwill) | 11,083 | 11,623 | 11,779 | 12,132 | 12,646 | 13,159 | |||
| Goodwill | 8,043 | 8,043 | 8,043 | 8,043 | 8,043 | 8,043 | |||
| Intangible assets, net (excluding goodwill) | 3,040 | 3,580 | 3,736 | 4,089 | 4,603 | 5,116 | |||
| Other undisclosed noncurrent assets | 373,193 | 293,852 | 167,027 | 30,766 | 81,677 | 103,786 | |||
| Total noncurrent assets: | 1,257,232 | 876,740 | 849,544 | 681,026 | 659,406 | 600,104 | |||
| TOTAL ASSETS: | 1,962,662 | 1,475,575 | 1,537,315 | 862,731 | 761,578 | 652,803 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 126,866 | 56,488 | 43,632 | 33,415 | 65,577 | 29,634 | |||
| Accounts payable | 82,992 | ||||||||
| Accrued liabilities | 43,874 | 2,842 | 579 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 56,488 | 40,790 | 32,836 | 65,577 | 29,634 | ||||
| Debt | 58,781 | 9,688 | 7,738 | 7,517 | 7,122 | 7,244 | |||
| Disposal group, including discontinued operation | 706 | 978 | 176 | ||||||
| Other liabilities | 2,240 | ||||||||
| Other undisclosed current liabilities | 809 | 3,656 | 755 | 378 | 366 | ||||
| Total current liabilities: | 187,887 | 66,985 | 55,026 | 42,393 | 74,055 | 37,420 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,176 | 1,314 | 5,090 | 7,047 | 8,920 | 10,795 | |||
| Long-term debt, excluding current maturities | 7,176 | 1,314 | 5,090 | 7,047 | 8,911 | 10,772 | |||
| Finance lease, liability | 9 | 23 | |||||||
| Liabilities, other than long-term debt | 997 | 721 | 431 | 474 | 519 | 558 | |||
| Other liabilities | |||||||||
| Operating lease, liability | 997 | 721 | 431 | 474 | 519 | 558 | |||
| Other undisclosed noncurrent liabilities | 5,761 | 4,356 | 13,851 | 2,256 | 857 | 382 | |||
| Total noncurrent liabilities: | 13,934 | 6,391 | 19,372 | 9,777 | 10,296 | 11,735 | |||
| Total liabilities: | 201,821 | 73,376 | 74,398 | 52,170 | 84,351 | 49,155 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,760,841 | 1,402,199 | 1,462,917 | 810,561 | 677,227 | 603,648 | |||
| Preferred stock | 3 | 2 | 2 | 2 | 2 | 2 | |||
| Common stock | 271 | 236 | 225 | 186 | 160 | 132 | |||
| Treasury stock, value | |||||||||
| Additional paid in capital | 2,239,367 | 1,817,128 | 1,641,643 | 1,113,248 | 1,009,482 | 861,082 | |||
| Accumulated other comprehensive income | 418 | 312 | 284 | 255 | 226 | 196 | |||
| Accumulated deficit | (479,218) | (415,479) | (179,237) | (303,130) | (332,643) | (257,764) | |||
| Stockholders' equity note, subscriptions receivable | (31,158) | ||||||||
| Other undisclosed equity, attributable to parent | 31,158 | ||||||||
| Total equity: | 1,760,841 | 1,402,199 | 1,462,917 | 810,561 | 677,227 | 603,648 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,962,662 | 1,475,575 | 1,537,315 | 862,731 | 761,578 | 652,803 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 89,275 | 104,108 | 111,799 | 73,786 | 52,520 | 45,523 | ||
| Cost of revenue | (57,142) | (45,180) | (34,298) | (28,896) | (30,401) | (20,681) | ||
| Gross profit: | 32,133 | 58,928 | 77,501 | 44,890 | 22,119 | 24,842 | ||
| Operating expenses | 124,075 | (427,385) | (40,658) | (35,527) | (65,909) | (26,914) | ||
| Other operating income (expense), net | (3,347) | 3,341 | ||||||
| Other undisclosed operating income (loss) | (218,458) | 116,038 | 100,278 | 19,148 | (25,299) | (13,513) | ||
| Operating income (loss): | (65,597) | (249,078) | 137,121 | 28,511 | (69,089) | (15,585) | ||
| Interest and debt expense | (526) | (546) | (600) | (689) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (65,597) | (249,078) | 136,595 | 27,965 | (69,689) | (16,274) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 3,418 | 12,836 | (9,860) | (2,056) | 300 | 2,157 | ||
| Income (loss) from continuing operations before income taxes: | (62,179) | (236,242) | 126,735 | 25,909 | (69,389) | (14,117) | ||
| Income tax expense (benefit) | 3,499 | (9,495) | ||||||
| Income (loss) from continuing operations: | (58,680) | (245,737) | 126,735 | 25,909 | (69,389) | (14,117) | ||
| Loss from discontinued operations | (5,490) | (102) | ||||||
| Other undisclosed net income (loss) | (3,394) | 9,523 | (2,813) | (550) | 30 | 28 | ||
| Net income (loss): | (62,074) | (236,214) | 123,922 | 25,359 | (74,849) | (14,191) | ||
| Other undisclosed net income (loss) attributable to parent | (105) | (28) | 2,813 | 550 | (30) | (28) | ||
| Net income (loss) attributable to parent: | (62,179) | (236,242) | 126,735 | 25,909 | (74,879) | (14,219) | ||
| Preferred stock dividends and other adjustments | (1) | |||||||
| Net income (loss) available to common stockholders, diluted: | (62,180) | (236,242) | 126,735 | 25,909 | (74,879) | (14,219) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (62,074) | (236,214) | 123,922 | 25,359 | (74,849) | (14,191) | ||
| Other comprehensive income | 106 | 28 | 29 | 29 | 28 | |||
| Other undisclosed comprehensive income | 116 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (61,968) | (236,186) | 123,951 | 25,388 | (74,733) | (14,163) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.