{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-24-000077","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2024-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.458255+00:00","generated_at":"2026-06-03T23:49:35.206352+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Applied Digital Q3 revenue $43.3M (+208% YoY); net loss $62.8M; Ellendale outage weighs","bullets":["Net loss of $62.8M ($0.52/share) vs $7.3M loss a year ago; adjusted EBITDA loss of $2.3M.","Revenue rose 208% to $43.3M on expanded datacenter capacity and new Cloud services revenue.","Ellendale 180MW facility experienced power outage in Jan; re-energized to ~14% capacity (25MW); targeting 65-75% by end of May.","Executed LOI with US hyperscaler for 400MW lease at Ellendale campus (incl. 100MW HPC facility).","Strengthened balance sheet with $160M in asset sales/financing; cash and equivalents $41M, debt $61.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-24-000077","json":"https://secwatch.observer/filing/0001144879-24-000077.json","markdown":"https://secwatch.observer/filing/0001144879-24-000077.md","text":"https://secwatch.observer/filing/0001144879-24-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000077/0001144879-24-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000077/apld-20240411.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:49:35.206352+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":[{"claim_id":"f98fbca393bfe6f0b9a0bafbc6b017770691767b","claim":"Applied Digital Corp. reported fiscal third quarter 2024 results: revenue $43.3 million.","evidence_excerpt":"Total revenues in the fiscal third quarter 2024 were $43.3 million, up 208% from the fiscal third quarter 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487924000077/0001144879-24-000077-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter 2024"},{"label":"Revenue","value":"$43.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}