secwatch.observer — SEC 8-K summary
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Issuer:     WhiteFiber, Inc. (WYFI)
CIK:        0002042022
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001213900-25-110125
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WhiteFiber Q3 revenue $20.2M (+65% YoY); net loss widens to $15.8M; warns of $21M annualized cloud revenue loss
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- Revenue $20.2M, up 65% YoY; cloud services $18.0M (+48%); colocation $1.7M (new).
- Net loss $15.8M vs $0.4M loss prior year; adjusted EBITDA $2.3M vs $5.6M.
- Cash $166.5M; IPO raised ~$183M in Aug 2025.
- Winding down customer arrangement representing ~$21M annualized cloud run rate.
- NC-1 development on schedule for early 2026; MTL-3 deployment completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025110125/0001213900-25-110125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025110125/ea0265644-8k_white.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-110125

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