First facility customer concentration
Company: Applied Digital
The claim, verbatim
Five customers account for 100% of first facility revenue until second facility is operational
Source (primary)
Applied Digital 10-K filed 2022-08-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Together these customers will account for 100% of our co-hosting facility revenue until our second facility is constructed and operational.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital 10-K filed 2022-08-29
Quote: “Together these customers will account for 100% of our co-hosting facility revenue until our second facility is constructed and operational.”