Long-term product service agreements
Company: CleanSpark
The claim, verbatim
The company enters into long-term product service agreements ranging from 5 to 10 years providing preventative maintenance and standby support services for distributed energy systems.
Source (primary)
CleanSpark 10-Q filed 2019-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We enter into long-term product service agreements with our customers primarily within our microgrid segment. These agreements require us to provide preventative maintenance, and standby support services that include certain levels of assurance regarding system performance throughout the contract periods, these contracts will generally range from 5 to 10 years.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The revenue recognition note describes 5- to 10-year service agreements for preventative maintenance and standby support in the microgrid segment.
Confirmed in the source:
- The company enters into long-term product service agreements with customers
- The agreements generally range from 5 to 10 years
- The agreements provide preventative maintenance and standby support services
- The agreements cover systems primarily within the microgrid segment, part of the company's distributed energy business
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357719000336/cleanspark10q.htm) in full (126,824 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2019-08-14
Quote: “We enter into long-term product service agreements with our customers primarily within our microgrid segment. These agreements require us to provide preventative maintenance, and standby support services that include certain levels of assurance regarding system performance throughout the contract periods, these contracts will generally range from 5 to 10 years.”