Customer prepayments for hosting services
Company: Core Scientific
The claim, verbatim
Deferred revenue of $150.1 million from customer advance payments as of June 30, 2025, with colocation services recognized over up to 30 months from license order commencement
Source (primary)
Core Scientific 10-Q/A filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company's total deferred revenue balance as of June 30, 2025 and December 31, 2024, was $ 150.1 million and $ 18.1 million, respectively... Advanced payments are typically recognized in the following month for hosted mining services and are generally recognized within 30 months of license order commencement for colocation services.”
How we checked this
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Additional evidence
confirms Core Scientific 10-Q/A filed 2026-03-02
Quote: “The Company's total deferred revenue balance as of June 30, 2025 and December 31, 2024, was $ 150.1 million and $ 18.1 million, respectively... Advanced payments are typically recognized in the following month for hosted mining services and are generally recognized within 30 months of license order commencement for colocation services.”