secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-039382
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark Q1 FY2026 revenue $181.2M (+11.6% YoY) but net loss $378.7M vs profit last year; secures 890 MW power
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- Quarterly revenue $181.2M, up 11.6% YoY; net loss ($378.7M) or ($1.35)/share vs net income $246.8M ($0.85) in prior year.
- Adjusted EBITDA decreased to ($295.4M) from $321.6M in same period last year.
- Cash $458.1M, Bitcoin $1.0B, total assets $3.3B, stockholders' equity $1.4B; working capital $1.3B.
- Secured up to 890 MW utility-grade power capacity in Houston region and acquired 122 acres for Sandersville AI site.
- CEO says cash flows from bitcoin mining redeployed into long-duration AI infrastructure to diversify earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000119312526039382/0001193125-26-039382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000119312526039382/clsk-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-039382

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