7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 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.