jain.com

R&D contract backlog for SOCRATES® technology

Company: Applied Digital

Subject kind
financing
Statement date
2006-09-13
Promised amount
1.0 USD millions
Current status
stated

The claim, verbatim

Approximately $1 million in current R&D contract backlog for SOCRATES® technology development as of September 1, 2006

Source (primary)

Applied Digital DEF 14A filed 2006-09-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗

Quote: “we have approximately $1 Million in current R&D contract backlog for development of SOCRATES® technology”

How we checked this

Checked on September 30, 2026. The cited source supports every part of this claim.

The letter states that as of September 1, 2006, the company had approximately $1 million in current R&D contract backlog for SOCRATES® development.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487906000041/flst_proxy-092006.htm) in full (73,686 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital DEF 14A filed 2006-09-14

Quote: “we have approximately $1 Million in current R&D contract backlog for development of SOCRATES® technology”

View cached copy (2026-09-27)Live source ↗