secwatch.observer — SEC 8-K summary
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Issuer:     Axe Compute Inc. (AGPU)
CIK:        0001446159
Form:       8-K
Filed at:   2026-08-14T21:00:18+00:00
Accession:  0001171843-26-005555
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axe Compute Q2 revenue $3.2M, signs $2.8B in new contracts, TCV >$3B
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- Q2 revenue $3.2M (first full quarter of compute services), up from $35K in Q1 2026 and $3K in Q2 2025.
- Net loss $17.2M ($0.87/share) driven by $13.1M non-cash loss on digital assets; Adjusted EBITDA -$4.9M.
- Signed >$2.8B in new Build contracts in July, bringing 2026 TCV to >$3B; ARR expected >$696M upon full deployment.
- $260M cluster of 2,304 NVIDIA B300 GPUs targeted for Q3 2026 go-live; contract liabilities grew to $60.8M from $0.8M.
- Cash $21.9M at quarter-end; net cash from ops $17.4M for H1 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1446159/000117184326005555/0001171843-26-005555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1446159/000117184326005555/f8k_081426.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005555

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