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Sustainable revenue and positive net operating income from Building A

Company: Applied Digital

Subject kind
guidance
Statement date
2025-01-07
Promised by
2027-12-31
Current status
stated

The claim, verbatim

Company to achieve sustainable revenue from Building A for two consecutive fiscal quarters implying positive net operating income

Source (primary)

Applied Digital 8-K/A filed 2025-01-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company's receipt of sustainable revenue with respect to Building A, and, with respect to Mr. Cummins' tranche two units only, with respect to Building B, for two consecutive fiscal quarters of the Company that implies Company positive net operating income”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225001423/form8-ka.htm) in full (9,263 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K/A filed 2025-01-08

Quote: “the Company's receipt of sustainable revenue with respect to Building A, and, with respect to Mr. Cummins' tranche two units only, with respect to Building B, for two consecutive fiscal quarters of the Company that implies Company positive net operating income”

View cached copy (2026-08-31)Live source ↗