TERAWULF INC.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
WULF$12.56+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity for the months ended and
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025
(In thousands, except number of shares; unaudited)
| Common Stock · Additional Paid-in Capital · Treasury Stock · Accumulated Deficit · Total TeraWulf Inc. Stockholders' Equity · Noncontrolling Interests · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number · Amount | |||||||||
| Balances as of March 31, 2026 | 449,519,078 | $450 | $1,493,611 | $(151,509) | $(1,421,326) | $(78,774) | $1,154 | $(77,620) | |
| Warrant exercise | 3,028,754 | 3 | 3,052 | — | — | 3,055 | — | 3,055 | |
| Common stock offering, net of issuance costs | 64,836,000 | 64 | 1,190,759 | — | — | 1,190,823 | — | 1,190,823 | |
| Stock-based compensation expense and issuance of stock | 11,311,714 | 6 | 83,933 | — | — | 83,939 | — | 83,939 | |
| Tax withholdings related to net share settlements of stock-based compensation awards | (5,794,365) | — | (126,232) | — | — | (126,232) | — | (126,232) | |
| Re-issuance of treasury stock in connection with charitable contribution | — | — | 11,190 | 3,200 | — | 14,390 | 14,390 | ||
| Net loss | — | — | — | — | (939,917) | (939,917) | (910) | (940,827) | |
| Balances as of June 30, 2026 | 522,901,181 | $523 | $2,656,313 | $(148,309) | $(2,361,243) | $147,284 | $244 | $147,528 | |
| Common Stock · Additional Paid-in Capital · Treasury Stock · Accumulated Deficit · Total TeraWulf Inc. Stockholders' Equity · Noncontrolling Interests · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number · Amount | ||||||||
| Balances as of December 31, 2025 | 444,534,694 | $444 | $1,285,202 | $(151,509) | $(993,692) | $140,445 | $— | $140,445 |
| Noncontrolling interest issued in asset acquisition | — | — | 99,365 | — | — | 99,365 | 1,223 | 100,588 |
| Warrant exercise | 6,717,784 | 7 | 7,031 | — | — | 7,038 | — | 7,038 |
| Common stock offering, net of issuance costs | 65,385,298 | 65 | 1,199,714 | — | — | 1,199,779 | — | 1,199,779 |
| Stock-based compensation expense and issuance of stock | 12,418,021 | 7 | 185,350 | — | — | 185,357 | — | 185,357 |
| Tax withholdings related to net share settlements of stock-based compensation awards | (6,154,616) | — | (131,539) | — | — | (131,539) | — | (131,539) |
| Re-issuance of treasury stock in connection with charitable contribution | — | — | 11,190 | 3,200 | — | 14,390 | — | 14,390 |
| Net loss | — | — | — | — | (1,367,551) | (1,367,551) | (979) | (1,368,530) |
| Balances as of June 30, 2026 | 522,901,181 | $523 | $2,656,313 | $(148,309) | $(2,361,243) | $147,284 | $244 | $147,528 |
| Preferred Stock · Common Stock · Additional Paid-in Capital · Treasury Stock · Accumulated Deficit · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number · Amount · Number · Amount | ||||||||
| Balances as of March 31, 2025 | 9,566 | $9,273 | 408,198,263 | $408 | $705,897 | $(151,509) | $(393,694) | $170,375 |
| Common stock issued for share based liabilities due to related party | — | — | 798,319 | 1 | 2,374 | — | — | 2,375 |
| Common stock issued as consideration for business acquisition | — | — | 5,000,000 | 5 | 19,545 | — | — | 19,550 |
| Stock-based compensation expense and issuance of stock | — | — | 860,514 | 1 | 1,303 | — | — | 1,304 |
| Tax withholdings related to net share settlements of stock-based compensation awards | — | — | (257,553) | — | (902) | — | — | (902) |
| Net loss | — | — | — | — | — | — | (18,370) | (18,370) |
| Balances as of June 30, 2025 | 9,566 | $9,273 | 414,599,543 | $415 | $728,217 | $(151,509) | $(412,064) | $174,332 |
| Preferred Stock · Common Stock · Additional Paid-in Capital · Treasury Stock · Accumulated Deficit · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number · Amount · Number · Amount | ||||||||
| Balances as of December 31, 2024 | 9,566 | $9,273 | 404,223,028 | $404 | $685,261 | $(118,217) | $(332,276) | $244,445 |
| Treasury stock repurchased | — | — | — | — | — | (33,292) | — | (33,292) |
| Common stock issued for share based liabilities due to related party | — | — | 798,319 | 1 | 2,374 | — | — | 2,375 |
| Common stock issued as consideration for business acquisition | — | — | 5,000,000 | 5 | 19,545 | — | — | 19,550 |
| Stock-based compensation expense and issuance of stock | — | — | 8,136,159 | 5 | 39,973 | — | — | 39,978 |
| Tax withholdings related to net share settlements of stock-based compensation awards | — | — | (3,557,963) | — | (18,936) | — | — | (18,936) |
| Net loss | — | — | — | — | — | — | (79,788) | (79,788) |
| Balances as of June 30, 2025 | 9,566 | $9,273 | 414,599,543 | $415 | $728,217 | $(151,509) | $(412,064) | $174,332 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.