---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-057139"
form_type: "8-K"
ticker: "DGXX"
cik: "0001854368"
company_name: "Digi Power X Inc."
filed_at: "2026-05-15T11:30:51+00:00"
generated_at: "2026-05-15T11:35:18.234397+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digi Power X Q1 net loss widens to $4.7M but adjusted EBITDA turns positive; signs $1.1B colo deal

## Summary
- Net loss of $4.7M in Q1 2026 vs $1.6M loss in Q1 2025; revenue fell to $6.8M from $9.3M due to legacy wind-down.
- Adjusted EBITDA of $1.1M, a $2.4M improvement from $(1.3)M in Q1 2025.
- Signed a $1.1B, 10-year AI colocation agreement with a leading AI infrastructure company.
- Cash and equivalents of $73M at Q1 end, zero long-term debt; post-quarter cash ~$125M plus $15M in digital assets.
- NeoCloudz GPU-as-a-Service launched with first revenues in May 2026 from NVIDIA B200/B300 GPUs; $45M YTD capex deployed.

## SEC filing metadata
- accession: 0001213900-26-057139
- form_type: 8-K
- ticker: DGXX
- cik: 0001854368
- company_name: Digi Power X Inc.
- filed_at: 2026-05-15T11:30:51+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/0001213900-26-057139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea0290789-8k_digi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-057139
- JSON: https://secwatch.observer/filing/0001213900-26-057139.json
- Plain text: https://secwatch.observer/filing/0001213900-26-057139.txt

## Key facts
- Earnings Releases
  Digi Power X Inc. reported first quarter ended March 31, 2026 results: revenue $6.8 million, net income $(4.7) million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $6.8 million
  - Net income: $(4.7) million
  - Result: reported results
  source text: debt; ● Net fixed assets of $26.4 million , up 29% year-over-year from March 31, 2025, reflecting capitalized investment at the Columbiana, Alabama facility; ● Revenue of $6.8 million , compared to $9.3 million in Q1 2025, reflecting the planned wind-down of legacy operations as the Company transitions to AI compute and colocation revenue. Operational and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/0001213900-26-057139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.