TERAWULF INC. (WULF) FY2026 Q2 Balance Sheet

TERAWULF INC. (WULF) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

8,048,395,000 US dollars

Current assets

2,806,504,000 US dollars

Non-current assets

5,241,891,000 US dollars

Liabilities

7,900,867,000 US dollars

Current liabilities

3,763,871,000 US dollars

Non-current liabilities

4,136,996,000 US dollars

Equity

147,528,000 US dollars

Noncontrolling interest

244,000 US dollars. Included in consolidated equity; this amount is not added again.

Cash and cash equivalents

2,619,191,000 US dollars

Restricted cash

142,938,000 US dollars

Prepaid expenses

18,314,000 US dollars

Accounts receivable

13,202,000 US dollars

Other current assets

12,726,000 US dollars

Digital assets

133,000 US dollars

Property, plant and equipment, net

3,600,191,000 US dollars

Deferred charges

572,599,000 US dollars

Equity in net assets of investee

424,062,000 US dollars

Restricted cash

266,479,000 US dollars

Finance lease right-of-use asset

117,814,000 US dollars

Operating lease right-of-use asset

101,754,000 US dollars

Other assets

82,928,000 US dollars

Goodwill

55,457,000 US dollars

Restricted trust investments

20,607,000 US dollars

Warrant liabilities

1,816,690,000 US dollars

Current portion of long-term debt, Short-term convertible notes - Convertible Debt

1,101,976,000 US dollars

Accrued construction liabilities

287,461,000 US dollars

Accounts payable

197,812,000 US dollars

Other current liabilities, other amounts - Nonrelated Party

159,472,000 US dollars

Current portion of long-term debt, Short-term convertible notes - Senior Notes

90,718,000 US dollars

Accrued interest

57,292,000 US dollars

Current portion of deferred rent liability

49,682,000 US dollars

Current portion of operating lease liability

2,102,000 US dollars

Other current liabilities, other amounts - Related Party

664,000 US dollars

Current portion of finance lease liability

2,000 US dollars

Long-term debt, convertible notes - Senior Notes

3,019,335,000 US dollars

Long-term debt, convertible notes - Convertible Debt

1,001,083,000 US dollars

Other liabilities

93,994,000 US dollars

Operating lease liability, net of current portion

21,220,000 US dollars

Deferred rent liability, net of current portion

944,000 US dollars

Finance lease liability, net of current portion

288,000 US dollars

Deferred tax liabilities

132,000 US dollars

Additional paid-in capital

2,656,313,000 US dollars

Common stock, $0.001 par value, 950,000,000 authorized at June 30, 2026 and December 31, 2025; 522,901,181 and 444,534,694 issued at June 30, 2026 and December 31, 2025, respectively; 498,932,431 and 420,065,944 outstanding at June 30, 2026 and December 31, 2025, respectively

523,000 US dollars

Preferred stock, $0.001 par value, 100,000,000 authorized at June 30, 2026 and December 31, 2025; none issued and outstanding at June 30, 2026 and December 31, 2025; aggregate liquidation preference of $0 at June 30, 2026 and December 31, 2025

0 US dollars

Noncontrolling interests

244,000 US dollars

Accumulated deficit

negative 2,361,243,000 US dollars

Treasury stock at cost, 23,968,750 and 24,468,750 at June 30, 2026 and December 31, 2025, respectively

negative 148,309,000 US dollars

Gross equity (calculated)

2,657,080,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.