{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-017683","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2025-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.645567+00:00","generated_at":"2026-05-23T15:20:29.512462+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Applied Digital Q3 revenue up 22% to $52.9M, net loss widens; board approves sale of Cloud Services","bullets":["Revenue $52.9M (+22% YoY); net loss $36.1M ($0.16/sh) vs $62.8M loss prior year.","Adjusted EBITDA positive $10.0M vs loss of $1.3M YoY; adjusted net loss $17.8M ($0.08/sh).","Board approved plan to sell Cloud Services Business on April 10, 2025.","Closed $375M SMBC financing; used proceeds to repay Macquarie promissory note.","Laura Laltrello appointed COO; Ellendale HPC construction on schedule for H2 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-017683","json":"https://secwatch.observer/filing/0001628280-25-017683.json","markdown":"https://secwatch.observer/filing/0001628280-25-017683.md","text":"https://secwatch.observer/filing/0001628280-25-017683.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000162828025017683/0001628280-25-017683-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000162828025017683/apld-20250414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T15:20:29.512462+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}