Quarterly
Annual
| Unit: USD | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | 2023-05-31 | 2022-11-30 | 2022-05-31 | 2022-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | |||||||||||||
revenue | 64,216,000 | -33,300,000 | 52,921,000 | 63,868,000 | 58,778,000 | 39,821,000 | 40,284,000 | ||||||
yoy | 9.25% | -183.62% | 31.37% | ||||||||||
qoq | -292.84% | -162.92% | -17.14% | 8.66% | 47.61% | -1.15% | |||||||
related party revenue | 1,926,000 | 3,878,000 | 3,064,000 | ||||||||||
total revenue | 64,216,000 | -33,300,000 | 52,921,000 | 63,868,000 | 60,704,000 | 43,699,000 | 43,348,000 | 42,203,000 | 36,323,000 | 256,500 | 1,026,000 | ||
costs and expenses: | |||||||||||||
cost of revenues | 55,606,000 | -61,111,000 | 49,141,000 | 52,361,000 | 61,060,000 | 46,289,000 | 47,061,000 | 29,222,000 | 24,398,000 | 11,812,000 | 7,433,000 | 2,073,000 | |
selling, general and administrative | 29,152,000 | 16,213,000 | 22,723,000 | 29,789,000 | 14,341,000 | 31,319,000 | 30,386,000 | 21,075,000 | 17,052,000 | 26,502,000 | 4,321,000 | 1,356,000 | |
gain on classification of held for sale | -24,808,000 | ||||||||||||
loss on abandonment of assets | 1,751,000 | 369,000 | 141,000 | 628,000 | |||||||||
total costs and expenses | 86,509,000 | -44,529,000 | 71,864,000 | 82,483,000 | 51,221,000 | 71,302,000 | 99,170,000 | 50,377,000 | 41,450,000 | 27,205,000 | 4,356,000 | 1,370,000 | |
operating income | -22,293,000 | 11,229,000 | -18,943,000 | -18,615,000 | 9,483,000 | -27,603,000 | -55,822,000 | -8,174,000 | -5,127,000 | -26,677,000 | -4,266,000 | -2,417,000 | |
yoy | -335.08% | -140.68% | -66.07% | 127.73% | -284.96% | 109.25% | 91.61% | 112.12% | |||||
qoq | -298.53% | -159.28% | 1.76% | -296.30% | -134.35% | -50.55% | 582.92% | 59.43% | 525.34% | 76.50% | |||
operating margin % | -34.72% | -33.72% | -35.79% | -29.15% | 16.13% | -69.32% | -138.57% | ||||||
interest expense | 3,946,000 | -8,948,000 | 8,897,000 | 7,482,000 | 7,308,000 | 17,996,000 | 4,404,000 | 2,355,000 | 2,074,000 | -385,000 | -112,000 | ||
loss on change in fair value of debt | 87,218,000 | 6,422,000 | |||||||||||
net income from continuing operations before income tax expense | -26,239,000 | ||||||||||||
income tax expense | 8,000 | 29,500 | 117,000 | ||||||||||
net income from continuing operations | -26,247,000 | -26,750,000 | -4,643,000 | -2,397,000 | |||||||||
net income from discontinued operations | 9,321,000 | -717,500 | -4,048,000 | ||||||||||
net income | -16,926,000 | -52,537,000 | -35,555,000 | -138,726,000 | -4,247,000 | -64,450,000 | -62,838,000 | -10,529,000 | -11,854,000 | ||||
yoy | 298.54% | -18.48% | -43.42% | 1217.56% | -64.17% | ||||||||
qoq | -67.78% | 47.76% | -74.37% | 3166.45% | -93.41% | 2.57% | 496.81% | -11.18% | |||||
net income margin % | -26.36% | 157.77% | -67.19% | -217.21% | -7.23% | -161.85% | -155.99% | ||||||
preferred dividends | -1,576,000 | -1,402,000 | -540,000 | -629,000 | -44,000 | ||||||||
net income attributable to common stockholders | -18,502,000 | -53,939,000 | -36,095,000 | -139,355,000 | -4,291,000 | ||||||||
continuing operations | -27,823,000 | -0.29 | -0.04 | -0.04 | |||||||||
discontinued operations | 9,321,000 | 0.04 | -0.08 | ||||||||||
basic and diluted net income per share attributable to common stockholders | -0.233 | -0.16 | -0.66 | ||||||||||
basic and diluted net income per share | -0.07 | -0.12 | -0.29 | -0.12 | |||||||||
basic and diluted weighted-average number of shares outstanding | 255,892,902 | 201,194,451 | 222,454,578 | 209,560,339 | 149,009,336 | 114,061,414 | 121,426,622 | 109,663,030 | 100,521,673 | 93,976,233 | 93,422,427 | 57,121,096 | 53,396,920 |
loss/(gain) on classification of held for sale | -6,154,000 | 192,000 | |||||||||||
loss on legal settlement | |||||||||||||
loss on conversion of debt | 25,410,000 | ||||||||||||
loss on change in fair value of related party debt | 11,200,000 | 2,612,000 | |||||||||||
loss on extinguishment of debt | 1,177,000 | 154,000 | 2,353,000 | ||||||||||
loss on extinguishment of related party debt | |||||||||||||
loss on change in fair value of warrants | 6,421,000 | ||||||||||||
net income before income tax expenses | -44,602,500 | -35,438,000 | -138,725,000 | -4,247,000 | -64,354,000 | -62,838,000 | -10,529,000 | -11,854,000 | |||||
net income attributable to noncontrolling interest | -397,000 | -133,000 | |||||||||||
income from legal settlement | 80,000 | 2,300,000 | |||||||||||
income tax benefit | 1,000 | 312,000 | |||||||||||
basic and diluted net income per share attributable to applied digital corporation | -0.03 | -0.54 | -0.52 | -0.1 | |||||||||
loss on classification as held for sale | -6,306,000 | 21,723,000 | |||||||||||
net income attributable to applied digital corporation | -64,450,000 | -62,838,000 | -10,529,000 | -11,457,000 | -26,617,000 | ||||||||
datacenter hosting revenue | 34,119,000 | ||||||||||||
cloud services revenue | 4,450,000 | 2,152,000 | |||||||||||
related party datacenter hosting revenue | 3,634,000 | ||||||||||||
hosting revenue | 29,987,000 | 12,340,000 | 7,523,000 | 1,026,000 | |||||||||
related party hosting revenue | 4,184,000 | ||||||||||||
basic and diluted net gain per share: | |||||||||||||
revenues: | |||||||||||||
gross profit | 528,000 | -261,750 | -1,047,000 | ||||||||||
yoy | |||||||||||||
qoq | -301.72% | -75.00% | |||||||||||
gross margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||||||
depreciation and amortization | 703,000 | ||||||||||||
other income: | |||||||||||||
total other income | -385,000 | 163,000 | 20,000 | ||||||||||
net income from continuing operations before income tax expenses | -27,062,000 | ||||||||||||
net gain from discontinued operations, net of income taxes | |||||||||||||
net income including noncontrolling interests | -26,750,000 | ||||||||||||
stock-based compensation for service agreement | 3,084,250 | ||||||||||||
depreciation | 3,500 | 14,000 | |||||||||||
gain on extinguishment of accounts payable | 1,000 | 80,000 | |||||||||||
income tax expenses | -266,000 | -60,000 | |||||||||||
total net income | -5,178,250 | -6,445,000 | |||||||||||
basic and diluted net income per share: |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
