TeraWulf WULF Unrecorded Unconditional Purchase Obligation
Unrecorded Unconditional Purchase Obligation at other companies
Other financials
Where this comes from
Reported directly by TeraWulf in its filing.
Tagged under the XBRL concept us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount.
The source filing: TeraWulf’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:31 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001083301-26-000166
The Core42 HPC Leases provide for certain prepaid rent amounts (“Prepaid Rent”) representing the first 12 months base rent under each lease for a total of $90.0 million which shall be applied towards 50% of each month’s base rent commencing on the respective commencement date of each lease until the Prepaid Rent is exhausted. During the six months ended June 30, 2025, the Company received the $90.0 million of Prepaid Rent from the customer and as of June 30, 2026 recorded $49.7 million and $0.9 million in current portion of deferred rent liability and deferred rent liability, net of current portion, respectively, in the condensed consolidated balance sheet. As of December 31, 2025, the Company recorded $58.2 million and $23.3 million in current portion of deferred rent liability and deferred rent liability, net of current portion, respectively, in the condensed consolidated balance sheet.
Item 1. Financial Statements
FAQ
- What is TeraWulf's unrecorded unconditional purchase obligation?
- TeraWulf (WULF) reported unrecorded unconditional purchase obligation of $90M in Q2 2026.
- How has TeraWulf's unrecorded unconditional purchase obligation changed year-over-year?
- TeraWulf's unrecorded unconditional purchase obligation decreased by 0.0% year-over-year, from $90M to $90M.
- What does unrecorded unconditional purchase obligation mean?
- Contractual commitments to purchase goods or services that are legally binding but have not yet been recognized as liabilities on the balance sheet because the goods or services have not been received. These obligations represent future cash outflows that are essential for ongoing operations.
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