---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-007658"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:59:49.137426+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance restates Dec 2022 balance sheet; redeems $118M trust assets to current

## Summary
- Reclassified $117.993M redeemable noncontrolling interests from temporary equity to current liabilities.
- Reclassified $118.193M cash and marketable securities held in trust from non-current to current assets.
- No changes to consolidated statements of operations, comprehensive loss, or cash flows for FY 2022.
- Management concluded disclosure controls and ICFR were ineffective; remediation plan in progress.

## SEC filing metadata
- accession: 0001214659-23-007658
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465923007658/0001214659-23-007658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465923007658/p5192308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-007658
- JSON: https://secwatch.observer/filing/0001214659-23-007658.json
- Plain text: https://secwatch.observer/filing/0001214659-23-007658.txt

## Key facts
- Auditor Changes
  Hyperscale Data, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Marcum, LLP
  source text: irectors has discussed the matters disclosed herein with Marcum, LLP, the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923007658/0001214659-23-007658-index.htm

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