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Material weakness in internal control over financial reporting

Company: Core Scientific

Subject kind
regulatory
Statement date
2026-03-01
Current status
stated

The claim, verbatim

The company has identified a material weakness in its internal control over financial reporting

Source (primary)

Core Scientific 8-K filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company has identified a material weakness in its internal control over financial reporting”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

Core Scientific's March 2, 2026 Form 8-K states directly that the company has identified a material weakness in its internal control over financial reporting. The filing ties the weakness to errors in accounting for assets committed to demolition.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828026013214/core-20260302.htm) in full (11,341 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K filed 2026-03-02

Quote: “the Company has identified a material weakness in its internal control over financial reporting”

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

confirms Core Scientific 10-K/A filed 2026-03-02

Quote: “We have identified a material weakness in our internal control over financial reporting, which has resulted in the ineffectiveness of our internal control over financial reporting and disclosure controls and procedures as of the end of the period covered by this Amendment.”

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

confirms Core Scientific 10-K filed 2026-03-02

Quote: “We have identified a material weakness in our internal control over financial reporting, which has resulted in the ineffectiveness of our internal control over financial reporting and disclosure controls and procedures as of the end of the period covered by this Annual Report on Form 10-K.”

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