---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-067035"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T20:09:14.580739+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CleanSpark FY2023 revenue $168.4M (+28% YoY); net loss $136.6M, bitcoin production doubles to 6,903

## Summary
- Revenue $168.4M, +28% YoY; net loss $(136.6)M vs $(57.3)M prior year.
- Adjusted EBITDA $25.0M, down 55% from $56.1M; non-cash charges $32M accelerated depreciation, $7M bitcoin impairment.
- Bitcoin mined 6,903 (up 84% YoY); total hashrate exceeded 10 EH/s.
- Cash and bitcoin holdings ~$168M as of Nov 30; debt $14.8M; total shares 184.7M.
- Revenue growth driven by higher bitcoin production; net loss widened due to non-cash charges and BTC price volatility.

## SEC filing metadata
- accession: 0000950170-23-067035
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2023-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017023067035/0000950170-23-067035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017023067035/clsk-20231130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-067035
- JSON: https://secwatch.observer/filing/0000950170-23-067035.json
- Plain text: https://secwatch.observer/filing/0000950170-23-067035.txt

## Key facts
- Earnings Releases
  CLEANSPARK, INC. reported fiscal year ended September 30, 2023 results: revenue $168.4 million, net income $(136.6) million.
  - Period: fiscal year ended September 30, 2023
  - Revenue: $168.4 million
  - Net income: $(136.6) million
  - Result: reported results
  source text: of which was incurred in the fourth quarter, a byproduct of our bitcoin balance increasing over 300% between the quarters.” Financial Highlights of Fiscal Year 2023 Financial Results for the Fiscal Year Ended September 30, 2023 • Revenues for the year grew to $168.4 million, an increase of $36.9 million, or 28%, from $131.5 million in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827876/000095017023067035/0000950170-23-067035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.