{"schema_version":"secwatch.filing_event.v1","accession":"0001144879-26-000002","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.618529+00:00","generated_at":"2026-05-16T11:18:52.043838+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Applied Digital Q2 revenue $126.6M (+250% YoY); secures 600MW hyperscaler leases worth ~$16B","bullets":["Net loss $31.2M ($0.11/sh), down 76% YoY; adjusted net income $0.1M, EBITDA $20.2M.","Leased 400MW to CoreWeave at Polaris Forge 1 (~$11B revenue) and 200MW to a U.S. hyperscaler at Polaris Forge 2 (~$5B).","Completed $2.35B senior secured notes at 9.25% due 2030; drew $900M from Macquarie preferred equity facility.","HPC hosting revenue $85.0M (incl. $73M tenant fit-out); data center hosting $41.6M (+15% YoY).","Plans to spin out Applied Digital Cloud and merge with EKSO Bionics to form ChronoScale, retaining >80% ownership."],"urls":{"canonical":"https://secwatch.observer/filing/0001144879-26-000002","json":"https://secwatch.observer/filing/0001144879-26-000002.json","markdown":"https://secwatch.observer/filing/0001144879-26-000002.md","text":"https://secwatch.observer/filing/0001144879-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000002/0001144879-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000002/apld-20260107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:18:52.043838+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"}