Interest expense exceeded base rent in fiscal quarter
Company: Applied Digital
The claim, verbatim
SEC filings show Applied Digital's interest expense exceeded the base rent it collected in the quarter ended August 31.
Source (primary)
Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - Yahoo Finance (-, news_article)
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Quote: “SEC filings show interest expense exceeded the base rent collected in the quarter ended August 31.”
How we checked this
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Additional evidence
confirms Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen - Yahoo Finance
Quote: “SEC filings show interest expense exceeded the base rent collected in the quarter ended August 31.”