secwatch.observer — SEC 8-K summary
======================================

Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000950170-22-008948
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark Q2 FY2022 revenue $41.6M, net loss $0.17M, adjusted EBITDA $22.5M
----------------------------------------------------------------------------

- Revenue $41.6M, up 4x from $8.1M YoY; net loss $0.17M vs prior net income $7.4M.
- Adjusted EBITDA $22.5M, up from $1.9M YoY; diluted loss per share $0.00.
- No long-term debt; working capital $19.4M; total assets $424.8M.
- Growth capex 100% funded from bitcoin conversion; no shelf offerings since Nov 2021.
- Line-of-sight on 600MW of power from Lancium agreement signed near quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017022008948/0000950170-22-008948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017022008948/clsk-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-008948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer