Cipher Mining Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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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.
Mar 31, 2024 · Filed May 7, 2024
CIFR$6.55+17.9%Stored close · as of Nov 6, 2026
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
(in thousands, except for share amounts)
Three Months Ended March 31, 2024
| Common Stock · Additional · Treasury Stock · Total | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Paid-in Capital | Accumulated Deficit | Shares | Amount | Stockholders’ Equity | |
| 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 | 14,246,235 | 14 | 64,532 | - | - | - | 64,546 |
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 2,059,390 | 3 | (3,177) | - | (787,098) | (1) | (3,175) |
| Share-based compensation | 66,941 | - | 8,317 | - | - | - | 8,317 |
| Net income | - | - | - | 39,900 | - | - | 39,900 |
| Balance as of March 31, 2024 | 312,649,102 | $313 | $697,494 | $(96,877) | (6,105,772) | $(6) | $600,924 |
Three Months Ended March 31, 2023
| Common Stock · Additional · Treasury Stock · Total | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Paid-in Capital | Accumulated Deficit | Shares | Amount | Stockholders’ Equity | |
| 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 |
| Delivery of common stock underlying restricted stock units, net of shares settled for tax withholding settlement | 1,954,783 | 2 | (483) | - | (600,734) | - | (481) |
| Share-based compensation | - | - | 8,810 | - | - | - | 8,810 |
| Net loss | - | - | - | (4,553) | - | - | (4,553) |
| Balance as of March 31, 2023 | 253,050,088 | $253 | $462,181 | $(115,553) | (4,144,081) | $(4) | $346,877 |
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