Cipher Mining Inc
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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.
Sep 30, 2024 · Filed Oct 31, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statement of Changes in Stockholder’s Equity
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)
(in thousands, except for share amounts)
Three Months Ended September 30, 2024
| Common Stock · AdditionalPaid-in Capital · Accumulated Deficit · Treasury Stock · TotalStockholders’ Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance as of June 30, 2024 | 335,557,872 | $336 | $802,610 | $(112,168) | (6,941,446) | $(7) | $690,771 | ||
| Issuance of common shares, net of offering costs - At-the-market offering | 17,953,378 | 18 | 61,273 | - | - | - | 61,291 | ||
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 2,259,988 | 2 | (3,529) | - | (1,029,606) | (1) | (3,528) | ||
| Share-based compensation | - | - | 10,211 | - | - | - | 10,211 | ||
| Net loss | - | - | - | (86,754) | - | - | (86,754) | ||
| Balance as of September 30, 2024 | 355,771,238 | $356 | $870,565 | $(198,922) | (7,971,052) | $(8) | $671,991 | ||
Three Months Ended September 30, 2023
| Common Stock · AdditionalPaid-in Capital · Accumulated Deficit · Treasury Stock · TotalStockholders’ Equity | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||
| Balance as of June 30, 2023 | 254,795,626 | $254 | $473,471 | $(128,751) | (4,381,735) | $(4) | $344,970 |
| Issuance of common shares, net of offering costs - At-the-market offering | 2,831,736 | 4 | 8,597 | - | - | - | 8,601 |
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 1,983,952 | 1 | (2,112) | - | (742,829) | (1) | (2,112) |
| Share-based compensation | 71,428 | - | 10,699 | - | - | - | 10,699 |
| Net loss | - | - | - | (18,621) | - | - | (18,621) |
| Balance as of September 30, 2023 | 259,682,742 | $259 | $490,655 | $(147,372) | (5,124,564) | $(5) | $343,537 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)
(in thousands, except for share amounts)
Nine Months Ended September 30, 2024
| Common Stock · AdditionalPaid-in Capital · Accumulated Deficit · Treasury Stock · TotalStockholders’ Equity | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||
| Balance as of December 31, 2023 | 296,276,536 | $296 | $627,822 | $(136,777) | (5,318,674) | $(5) | $491,336 |
| Issuance of common shares, net of offering costs - At-the-market offering | 52,825,758 | 53 | 221,642 | - | - | - | 221,695 |
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 6,668,944 | 7 | (10,764) | - | (2,652,378) | (3) | (10,760) |
| Share-based compensation | - | - | 31,865 | - | - | - | 31,865 |
| Net loss | - | - | - | (62,145) | - | - | (62,145) |
| Balance as of September 30, 2024 | 355,771,238 | $356 | $870,565 | $(198,922) | (7,971,052) | $(8) | $671,991 |
Nine Months Ended September 30, 2023
| Common Stock · AdditionalPaid-in Capital · Accumulated Deficit · Treasury Stock · TotalStockholders’ Equity | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||
| Balance as of December 31, 2022 | 251,095,305 | $251 | $453,854 | $(111,209) | (3,543,347) | $(4) | $342,892 |
| Cumulative effect upon adoption of ASU 2023-08 | - | - | - | 209 | - | - | 209 |
| Issuance of common shares, net of offering costs - At-the-market offering | 3,809,943 | 4 | 11,341 | - | - | - | 11,345 |
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 4,457,708 | 4 | (3,227) | - | (1,581,217) | (1) | (3,224) |
| Share-based compensation | 319,786 | - | 28,687 | - | - | - | 28,687 |
| Net loss | - | - | - | (36,372) | - | - | (36,372) |
| Balance as of September 30, 2023 | 259,682,742 | $259 | $490,655 | $(147,372) | (5,124,564) | $(5) | $343,537 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.