Below are the financial statements of Core Scientific, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in thousands of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 836,197a | 50,409a |
Restricted cash | 783a | 19,300a |
Accounts receivable | 1,025a | 1,001a |
Digital assets | 23,893a | 2,284a |
Prepaid expenses and other current assets | 42,064a | 24,022a |
Total current assets | 903,962a | 97,016a |
Assets | — | — |
Property, plant and equipment, net | 556,342a | 585,431a |
Operating lease right-of-use assets | 114,472a | 7,844a |
Other noncurrent assets | 24,039a | 21,865a |
Total assets | 1,598,815a | 712,156a |
Current liabilities | — | — |
Accounts payable | 19,265a | 154,751a |
Accrued expenses and other current liabilities | 69,230a | 179,636a |
Deferred revenue | 18,134a | 9,830a |
Operating lease liabilities, current portion | 9,974a | 77a |
Finance lease liabilities, current portion | 1,669a | 19,771a |
Notes payable, current portion | 16,290a | 124,358a |
Total current liabilities | 134,562a | 488,423a |
Liabilities and stockholders’ deficit | — | — |
Operating lease liabilities, net of current portion | 97,843a | 1,512a |
Finance lease liabilities, net of current portion | 3a | 35,745a |
Convertible and other notes payable, net of current portion | 1,073,990a | 684,082a |
Contingent value rights | 4,272a | 0a |
Warrant liabilities | 1,097,285a | 0a |
Other noncurrent liabilities | 11,040a | 0a |
Total liabilities not subject to compromise | 2,418,995a | 1,209,762a |
Liabilities subject to compromise | 0a | 99,335a |
Total liabilities | 2,418,995a | 1,309,097a |
Stockholders’ deficit | — | — |
Preferred stock | 0a | 0a |
Common stock | 3a | 36a |
Additional paid-in capital | 2,915,035a | 1,823,260a |
Accumulated deficit | -3,735,218a | -2,420,237a |
Total stockholders’ deficit | -820,180a | -596,941a |
Total liabilities and stockholders’ deficit | 1,598,815a | 712,156a |
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