{"schema_version":"secwatch.filing_event.v1","accession":"0001083301-25-000033","form_type":"8-K","ticker":"WULF","cik":"0001083301","company_name":"TERAWULF INC.","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.451375+00:00","generated_at":"2026-05-22T01:17:06.547089+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TeraWulf Q1 revenue $34.4M (-19% YoY), net loss $61.4M, adjusted EBITDA -$4.7M","bullets":["Self-mined 372 bitcoin vs 1,051 in Q1 2024; power cost per bitcoin surged to $66,084 from $15,501.","Held $219.6M cash & bitcoin; $500M convertible notes due 2030; repurchased $33M stock in Q1.","Board approved new $200M ATM equity program and refreshed $200M share repurchase authorization.","HPC buildout for Core42 on track; targeting 200-250 MW contracted HPC by end of 2026.","Revenue $34.4M, cost of revenue 71.4% of sales; operating loss $59.6M vs $2.3M loss year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001083301-25-000033","json":"https://secwatch.observer/filing/0001083301-25-000033.json","markdown":"https://secwatch.observer/filing/0001083301-25-000033.md","text":"https://secwatch.observer/filing/0001083301-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000033/0001083301-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000033/wulf-20250509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T01:17:06.547089+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}