secwatch.observer — SEC 8-K summary
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Issuer:     Digi Power X Inc. (DGXX)
CIK:        0001854368
Form:       8-K
Filed at:   2026-05-15T11:30:51+00:00
Accession:  0001213900-26-057139
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/0001213900-26-057139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea0290789-8k_digi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-057139

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