TERAWULF INC.: 10-K filed 2019-03-01

Name: TERAWULF INC.: 10-K filed 2019-03-01
Creator: TERAWULF INC.

What TERAWULF INC. reported in its annual report filed 2019-03-01 (fiscal FY 2018): 44 published measures, 88 facts as tagged in accession 0001437749-19-003743.

This filing

Form: 10-K (annual report)
Filed: 2019-03-01
Fiscal period: fiscal FY 2018
Accession: 0001437749-19-003743 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TERAWULF INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2018-12-31	17,419,218	USD
At 2017-12-31	16,924,230	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2018-12-31	4,308,188	USD
At 2017-12-31	3,966,299	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2018-12-31	13,111,030	USD
At 2017-12-31	12,957,931	USD
At 2016-12-31	13,459,160	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2018-12-31	1,623,137	USD
At 2017-12-31	929,700	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	139,465	USD	365
2017-01-01 to 2017-12-31	-226,147	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	1,224,765	USD	365
2017-01-01 to 2017-12-31	204,689	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	543,145	USD	365
2017-01-01 to 2017-12-31	230,089	USD	365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	18,213,653	USD	365
2017-01-01 to 2017-12-31	17,243,244	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-138,213	USD	365
2017-01-01 to 2017-12-31	-438,271	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-393,115	USD	365
2017-01-01 to 2017-12-31	114,569	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2018-12-31	10,189,651	USD
At 2017-12-31	10,050,186	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	1,983,553	shares	365
2017-01-01 to 2017-12-31	2,007,613	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	1,983,553	shares	365
2017-01-01 to 2017-12-31	2,007,613	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	0.07	USD/shares	365
2017-01-01 to 2017-12-31	-0.11	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	0.07	USD/shares	365
2017-01-01 to 2017-12-31	-0.11	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	46,000	USD	365
2017-01-01 to 2017-12-31	-298,000	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2018-12-31	8,084,742	USD
At 2017-12-31	8,301,661	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	13,634	USD	365
2017-01-01 to 2017-12-31	23,561	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	225,819	USD	365
2017-01-01 to 2017-12-31	-464,609	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2018-12-31	8,958,070	USD
At 2017-12-31	8,271,383	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	90,583	USD	365
2017-01-01 to 2017-12-31	83,080	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2018-12-31	1,303,531	USD
At 2017-12-31	875,781	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2018-12-31	376,406	USD
At 2017-12-31	351,186	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2018-12-31	2,215,215	USD
At 2017-12-31	2,190,260	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	300,466	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2018-12-31	2,046,588	USD
At 2017-12-31	2,086,065	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	6,254,027	USD	365
2017-01-01 to 2017-12-31	5,730,545	USD	365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	5,350,966	USD	365
2017-01-01 to 2017-12-31	5,506,466	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	677,242	USD	365
2017-01-01 to 2017-12-31	688,688	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2018-12-31	1,983,553	shares
At 2017-12-31	1,983,553	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2018-12-31	1,623,137	USD
At 2017-12-31	929,700	USD
At 2016-12-31	1,048,713	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2018-12-31	3,058,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2018-12-31	16,270,652	USD
At 2017-12-31	15,995,255	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2018-12-31	8,185,910	USD
At 2017-12-31	7,693,594	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2018-12-31	375,362	USD
At 2017-12-31	168,242	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	185,465	USD	365
2017-01-01 to 2017-12-31	-524,147	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	758,834	USD	365
2017-01-01 to 2017-12-31	836,877	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	24,749	USD	365
2017-01-01 to 2017-12-31	25,919	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	7,000	USD	365
2017-01-01 to 2017-12-31	4,000	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	39,000	USD	365
2017-01-01 to 2017-12-31	-302,000	USD	365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	78,112	USD	365
2017-01-01 to 2017-12-31	70,990	USD	365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	7,652	USD	365
2017-01-01 to 2017-12-31	60,003	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	24,955	USD	365
2017-01-01 to 2017-12-31	-146,241	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-39,477	USD	365
2017-01-01 to 2017-12-31	99,893	USD	365

Inspect the source

Entity: TERAWULF INC. / CIK 0001083301
Captured: 2026-09-20T05:20:49.287Z
SEC response SHA-256: e4c33383250ec8eb24ce40dfd103edd8d57afa0ee40b7f0b5155ab9db90bcbc9

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001083301.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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