Ekso business classified as held for sale
Company: Applied Digital
The claim, verbatim
As of August 31, 2026, the Ekso business at ChronoScale met the held-for-sale criteria. $14.4 million of certain corporate assets were also classified as held for sale.
Source (primary)
View PDF (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-10-08)Live source ↗
Quote: “As of August 31, 2026, the Ekso business at ChronoScale met the held for sale criteria and was classified as such on the unaudited condensed consolidated balance sheet (see Note 6 - Discontinued Operations) as well as $14.4 million of certain corporate assets.”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The 10-Q states both facts directly in its held-for-sale accounting policy disclosure.
Confirmed in the source:
- As of August 31, 2026, the Ekso business at ChronoScale met the held-for-sale criteria
- $14.4 million of certain corporate assets were also classified as held for sale as of August 31, 2026
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000059/0001144879-26-000059.pdf) in full (198,845 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View PDF
Quote: “As of August 31, 2026, the Ekso business at ChronoScale met the held for sale criteria and was classified as such on the unaudited condensed consolidated balance sheet (see Note 6 - Discontinued Operations) as well as $14.4 million of certain corporate assets.”