jain.com

ChronoScale Ekso business held for sale

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-10-07
Promised amount
16100000.0 USD
Current status
stated

The claim, verbatim

The Ekso business at ChronoScale is classified as held for sale and discontinued operations, with a $16.1 million net loss for the quarter.

Source (primary)

Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD) (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗

Quote: “the Ekso business at ChronoScale which is classified as held for sale and discontinued operations”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The release attributes the $16.1 million discontinued-operations net loss to the Ekso business at ChronoScale, which it says is held for sale.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://ir.applieddigital.com/news-events/press-releases/detail/163/applied-digital-reports-fiscal-first-quarter-2027-results) in full (41,009 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD)

Quote: “the Ekso business at ChronoScale which is classified as held for sale and discontinued operations”

View cached copy (2026-10-08)Live source ↗Archive.org ↗