jain.com
The Analysis · Companies · People · Methodology

Material weakness in internal controls

Company: Core Scientific

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

The claim, verbatim

A material weakness in internal control over financial reporting has been identified, resulting in ineffectiveness of internal controls and disclosure controls as of the end of the period

Source (primary)

Core Scientific 10-K/A filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

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.”

How we checked this

Attempted on September 16, 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/1839341/000162828026013232/core-20241231.htm) in full (635,001 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

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 ↗