secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000950170-23-040541
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark Q3 FY2023 revenue $45.5M (+47% YoY); Adjusted EBITDA $13.3M; 16 EH/s expansion fully funded
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- Record quarterly revenue of $45.5M (up 47% YoY); net loss narrowed to $14.2M from $29.3M.
- Adjusted EBITDA of $13.3M compared to $5.1M in prior year period.
- Operating hashrate over 9 EH/s, tripling year over year; target of 16 EH/s fully funded.
- Cash and bitcoin holdings total $125M; debt of $17.8M; total assets $652.8M.
- Sequential revenue growth of 7% QoQ; net loss improved by $4.3M over Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017023040541/0000950170-23-040541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017023040541/clsk-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-040541

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