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WULF (TeraWulf) Long-Term Capital Lease Obligation : $3.7 Mil (As of Mar. 2025)


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What is TeraWulf Long-Term Capital Lease Obligation?

TeraWulf's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $3.7 Mil.

TeraWulf's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($0.9 Mil) to Dec. 2024 ($3.7 Mil) but then declined from Dec. 2024 ($3.7 Mil) to Mar. 2025 ($3.7 Mil).

TeraWulf's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.9 Mil) to Dec. 2023 ($0.9 Mil) but then increased from Dec. 2023 ($0.9 Mil) to Dec. 2024 ($3.7 Mil).


TeraWulf Long-Term Capital Lease Obligation Historical Data

The historical data trend for TeraWulf's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TeraWulf Long-Term Capital Lease Obligation Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
- 0.95 0.90 3.72

TeraWulf Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.87 0.86 3.72 3.71

TeraWulf  (NAS:WULF) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

TeraWulf Long-Term Capital Lease Obligation Related Terms

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TeraWulf Business Description

Industry
Traded in Other Exchanges
Address
9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc is a digital asset technology company that is engaged in digital infrastructure and sustainable energy development. It is involved in supporting environmentally conscious bitcoin mining operations by developing and operating facilities within the United States. The company's bitcoin mining facilities are powered by clean, affordable, and reliable energy sources. Its primary source of revenue stems from the mining of bitcoin conducted at the company's mining facility sites. Additionally, the company occasionally generates revenue through the provision of miner hosting services to third-party entities.
Executives
Michael C. Bucella director C/O TERAWULF INC., 9 FEDERAL STREET, EASTON MD 21601
Kenneth J Deane officer: CFO & Treasurer 9 FEDERAL STREET, EASTON MD 21601
Paul B. Prager director, 10 percent owner, officer: Chief Executive Officer 9 FEDERAL STREET, EASTON MD 21601
Patrick Fleury officer: Chief Financial Officer C/O GSO CAPTTAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Bryan J. Pascual 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901
Revolve Capital Llc 10 percent owner 339 DORADO BEACH EAST, DORADO PR 00646
Walter E. Carter director 9 FEDERAL STREET, EASTON MD 21601
Jason Griffin New director 280 PARK AVENUE, NEW YORK NY 10017
Stammtisch Investments Llc 10 percent owner 9 FEDERAL STREET, EASTON MD 21601
Lisa A. Prager director 9 FEDERAL STREET, EASTON MD 21601
Kerri M. Langlais officer: Chief Strategy Officer 9 FEDERAL STREET, EASTON MD 21601
Nazar M. Khan director, officer: COO & Chief Technology Officer 9 FEDERAL STREET, EASTON MD 21601
Catherine J. Motz director 9 FEDERAL STREET, EASTON MD 21601
Steven T. Pincus director 9 FEDERAL STREET, EASTON MD 21601
Bayshore Capital Llc 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901