{"schema_version":"secwatch.filing_event.v1","accession":"0001898844-23-000007","form_type":"8-K","ticker":"APLD","cik":"0001144879","company_name":"Applied Digital Corp.","filed_at":"2023-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.344224+00:00","generated_at":"2026-06-10T02:02:36.633265+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Applied Digital Q1 revenue $36.3M, adj. EBITDA $10.0M, reaffirms FY2024 guidance","bullets":["Revenue $36.3M (+425% YoY); net loss $11.9M ($0.12/share) vs loss $4.7M a year ago.","Adjusted EBITDA $10.0M vs $(1.7)M YoY; adjusted net income $0.1M.","Reaffirmed FY2024 guidance: revenue $385M-$405M, adj. EBITDA $195M-$205M.","Fully energized 180MW Ellendale facility; Garden City, TX expected to energize in Q4 2023.","Accrued $2.3M loss on legal settlement, increasing net loss from previously reported $9.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001898844-23-000007","json":"https://secwatch.observer/filing/0001898844-23-000007.json","markdown":"https://secwatch.observer/filing/0001898844-23-000007.md","text":"https://secwatch.observer/filing/0001898844-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144879/000189884423000007/0001898844-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144879/000189884423000007/apld-20231009.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T02:02:36.633265+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":[{"claim_id":"064e3748a450807e01d79bb9295f03ea0c93043e","claim":"Applied Digital Corp. reported fiscal first quarter ended August 31, 2023 results: revenue $36.3 million, net income $11.9 million, EPS $(0.12) per basic and diluted share. Guidance reaffirmed.","evidence_excerpt":"ended August 31, 2023. The Company also provided forward guidance and an operational update. Fiscal First quarter 2024 Financial and Operational Highlights • Total revenue of $36.3 million • Net loss of $11.9 million • Adjusted EBITDA of $10.0 million • Adjusted net income from operations of $0.1 million, or adjusted earnings per share of less than $0.01 • Fully","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144879/000189884423000007/0001898844-23-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended August 31, 2023"},{"label":"Revenue","value":"$36.3 million"},{"label":"Net income","value":"$11.9 million"},{"label":"EPS","value":"$(0.12) per basic and diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}