2022 Q4 Form 10-Q Financial Statement
#000114487922000052 Filed on October 12, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $12.34M | $6.924M | $612.0K |
YoY Change | 1031.37% | ||
Cost Of Revenue | $11.81M | $6.093M | $349.0K |
YoY Change | 1645.85% | ||
Gross Profit | $528.0K | $831.0K | $263.0K |
YoY Change | 215.97% | ||
Gross Profit Margin | 4.28% | 12.0% | 42.97% |
Selling, General & Admin | $26.50M | $4.131M | $13.04M |
YoY Change | 86.44% | -68.31% | |
% of Gross Profit | 5019.32% | 497.11% | 4956.27% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $800.0K | $1.136M | $175.0K |
YoY Change | 206.51% | 549.14% | -234.62% |
% of Gross Profit | 151.52% | 136.7% | 66.54% |
Operating Expenses | $26.50M | $4.131M | $13.04M |
YoY Change | 86.44% | -68.32% | |
Operating Profit | -$26.68M | -$4.177M | -$12.78M |
YoY Change | 87.67% | -67.3% | |
Interest Expense | $385.0K | $356.0K | $0.00 |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$385.0K | -$450.0K | $40.00K |
YoY Change | -218.46% | -1225.0% | |
Pretax Income | -$27.06M | -$4.627M | -$14.10M |
YoY Change | 77.67% | -67.18% | 20038.57% |
Income Tax | -$312.0K | $32.00K | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$26.62M | -$4.531M | -$14.10M |
YoY Change | 86.55% | -67.86% | 20038.57% |
Net Earnings / Revenue | -215.7% | -65.44% | -2303.43% |
Basic Earnings Per Share | -$0.29 | -$0.05 | -$0.31 |
Diluted Earnings Per Share | -$0.29 | -$0.05 | -$257.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 94.24M shares | 94.24M shares | 44.94M shares |
Diluted Shares Outstanding | 93.42M shares | 93.11M shares | 44.94M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $18.07M | $40.83M | $28.93M |
YoY Change | 28.69% | 41.14% | |
Cash & Equivalents | $10.51M | $33.33M | $28.93M |
Short-Term Investments | |||
Other Short-Term Assets | $2.397M | $1.500M | $601.0K |
YoY Change | 45.36% | 149.58% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $276.0K | $50.00K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $20.75M | $42.38M | $29.53M |
YoY Change | 32.2% | 43.52% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $132.9M | $95.10M | $6.486M |
YoY Change | 1070.97% | 1366.16% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.450M | $1.450M | $14.35M |
YoY Change | -94.53% | -89.9% | |
Total Long-Term Assets | $146.7M | $103.5M | $20.84M |
YoY Change | 287.51% | 396.93% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $20.75M | $42.38M | $29.53M |
Total Long-Term Assets | $146.7M | $103.5M | $20.84M |
Total Assets | $167.4M | $145.9M | $50.37M |
YoY Change | 212.69% | 189.72% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.472M | $13.46M | $4.807M |
YoY Change | 40.37% | 179.93% | |
Accrued Expenses | $4.529M | $1.371M | $168.0K |
YoY Change | 2283.68% | 716.07% | |
Deferred Revenue | $29.39M | $17.14M | |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $4.122M | $2.587M | |
YoY Change | |||
Total Short-Term Liabilities | $70.21M | $48.67M | $4.982M |
YoY Change | 973.65% | 876.86% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $16.38M | $12.11M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $8.631M | $7.671M | $1.097M |
YoY Change | 754.55% | 599.27% | |
Total Long-Term Liabilities | $25.01M | $19.78M | $1.097M |
YoY Change | 2375.94% | 1703.1% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $70.21M | $48.67M | $4.982M |
Total Long-Term Liabilities | $25.01M | $19.78M | $1.097M |
Total Liabilities | $95.47M | $69.02M | $6.079M |
YoY Change | 1129.85% | 1035.37% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$87.22M | -$60.60M | |
YoY Change | |||
Common Stock | $94.00K | $93.00K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $62.00K | $62.00K | |
YoY Change | |||
Treasury Stock Shares | 36.30K shares | 36.30K shares | |
Shareholders Equity | $63.51M | $68.31M | $44.29M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $167.4M | $145.9M | $50.37M |
YoY Change | 212.69% | 189.72% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$26.62M | -$4.531M | -$14.10M |
YoY Change | 86.55% | -67.86% | 20038.57% |
Depreciation, Depletion And Amortization | $800.0K | $1.136M | $175.0K |
YoY Change | 206.51% | 549.14% | -234.62% |
Cash From Operating Activities | $10.68M | $17.29M | -$1.435M |
YoY Change | 183.5% | -1305.16% | -204.74% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$38.63M | $31.67M | -$998.0K |
YoY Change | 314.68% | -3273.65% | 731.67% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | -$10.29M |
YoY Change | -100.0% | -100.0% | 1507.81% |
Cash From Investing Activities | -$38.63M | -$31.67M | -$11.29M |
YoY Change | 90.07% | 180.59% | 2070.77% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $32.60M | ||
YoY Change | -8051.22% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 5.191M | $8.910M | 29.90M |
YoY Change | 210.47% | -70.2% | -8406.11% |
NET CHANGE | |||
Cash From Operating Activities | 10.68M | $17.29M | -1.435M |
Cash From Investing Activities | -38.63M | -$31.67M | -11.29M |
Cash From Financing Activities | 5.191M | $8.910M | 29.90M |
Net Change In Cash | -22.76M | -$5.469M | 17.18M |
YoY Change | 52.89% | -131.84% | 3405.92% |
FREE CASH FLOW | |||
Cash From Operating Activities | $10.68M | $17.29M | -$1.435M |
Capital Expenditures | -$38.63M | $31.67M | -$998.0K |
Free Cash Flow | $49.32M | -$14.38M | -$437.0K |
YoY Change | 276.9% | 3190.39% | -129.33% |
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-14340000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | usd |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
243000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4659000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-14097000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-128000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4531000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14097000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.05 | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.32 | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.32 | |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0 | |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0 | |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.01 | |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.01 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.31 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.31 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93105835 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93105835 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44937269 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44937269 | shares |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
79235000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
579000 | usd |
CY2022Q3 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
1746000 | usd |
CY2022Q3 | apld |
Stock Forfeited And Canceled During Period Value
StockForfeitedAndCanceledDuringPeriodValue
|
0 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4659000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
76901000 | usd |
CY2021Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
15135000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2583000 | usd |
CY2021Q2 | apld |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest And Temporary Equity
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity
|
12552000 | usd |
CY2021Q3 | apld |
Stock Issued During Period Value Issued For Debt Extinguishment
StockIssuedDuringPeriodValueIssuedForDebtExtinguishment
|
3478000 | usd |
CY2021Q3 | apld |
Stock Issued During Period Value Issued For Debt Extinguishment
StockIssuedDuringPeriodValueIssuedForDebtExtinguishment
|
3478000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
115000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
115000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
12337000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
12337000 | usd |
CY2021Q3 | us-gaap |
Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
|
32600000 | usd |
CY2021Q3 | us-gaap |
Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
|
32600000 | usd |
CY2021Q3 | apld |
Temporary Equity Stock Issued Issuance Costs
TemporaryEquityStockIssuedIssuanceCosts
|
-2698000 | usd |
CY2021Q3 | apld |
Temporary Equity Stock Issued Issuance Costs
TemporaryEquityStockIssuedIssuanceCosts
|
-2698000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-14097000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-14097000 | usd |
CY2021Q3 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
45037000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-750000 | usd |
CY2021Q3 | apld |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest And Temporary Equity
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity
|
44286000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4531000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14097000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | usd |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
243000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-128000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-4659000 | usd |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-14340000 | usd |
CY2022Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1136000 | usd |
CY2021Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3000 | usd |
CY2022Q3 | apld |
Gain Loss On Extinguishment Of Accounts Payable
GainLossOnExtinguishmentOfAccountsPayable
|
0 | usd |
CY2021Q3 | apld |
Gain Loss On Extinguishment Of Accounts Payable
GainLossOnExtinguishmentOfAccountsPayable
|
40000 | usd |
CY2022Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-94000 | usd |
CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1342000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
579000 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12337000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
32000 | usd |
CY2021Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-177000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
0 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
773000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
164000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
770000 | usd |
CY2022Q3 | apld |
Increase Decrease In Contract With Customer Liability Customer Deposits
IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits
|
4587000 | usd |
CY2021Q3 | apld |
Increase Decrease In Contract With Customer Liability Customer Deposits
IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits
|
0 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
15316000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
0 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
196000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
368000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
17294000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1870000 | usd |
CY2022Q3 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
0 | usd |
CY2021Q3 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
435000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17294000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1435000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31673000 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
988000 | usd |
CY2022Q3 | apld |
Payments For Deposits On Equipment
PaymentsForDepositsOnEquipment
|
0 | usd |
CY2021Q3 | apld |
Payments For Deposits On Equipment
PaymentsForDepositsOnEquipment
|
10300000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-31673000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-11288000 | usd |
CY2022Q3 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | usd |
CY2021Q3 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31673000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11288000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | usd |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
32600000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
209000 | usd |
CY2021Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
0 | usd |
CY2022Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd |
CY2021Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2698000 | usd |
CY2022Q3 | apld |
Early Repayment Of Debt
EarlyRepaymentOfDebt
|
7056000 | usd |
CY2021Q3 | apld |
Early Repayment Of Debt
EarlyRepaymentOfDebt
|
0 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
15000000 | usd |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
0 | usd |
CY2022Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
140000 | usd |
CY2021Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2022Q3 | apld |
Maturities Of Debt
MaturitiesOfDebt
|
432000 | usd |
CY2021Q3 | apld |
Maturities Of Debt
MaturitiesOfDebt
|
0 | usd |
CY2022Q3 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1747000 | usd |
CY2021Q3 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
8910000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
29902000 | usd |
CY2022Q3 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
0 | usd |
CY2021Q3 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
0 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8910000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29902000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5469000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
17179000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
46299000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
11750000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
40830000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
28929000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
0 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
0 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40830000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28929000 | usd |
CY2022Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
356000 | usd |
CY2021Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2022Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
922000 | usd |
CY2021Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1291000 | usd |
CY2022Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
8352000 | usd |
CY2021Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
4391000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
7500000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40800000 | usd |
CY2022Q3 | apld |
Working Capital
WorkingCapital
|
-6300000 | usd |
CY2022Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Significant Accounting Policies and Use of Estimates:</span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">There were no material changes in the Company’s significant accounting policies for the three months ended August 31, 2022 as compared to the year ended May 31, 2022. See Note 3 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year-ended May </span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">31, 2022, as filed with the SEC, for additional information regarding the Company’s significant accounting policies and use of estimates. </span></div><div style="padding-left:36pt;text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ significantly from those estimates. The most significant accounting estimates inherent in the preparation of the Company’s financial statements include estimates associated with asset valuations, and the valuation allowance associated with the Company’s deferred tax assets.</span></div> | |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33330000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38798000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
7500000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
7501000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40830000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
46299000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
96942000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
65269000 | usd |
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1847000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1009000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
95095000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
64260000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
838000 | usd |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
3000 | usd |
CY2022Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
19200000 | usd |
CY2022Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12M | |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
3877000 | usd |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2022Q3 | apld |
Contract With Customer Liability Advance Billings
ContractWithCustomerLiabilityAdvanceBillings
|
22240000 | usd |
CY2021Q3 | apld |
Contract With Customer Liability Advance Billings
ContractWithCustomerLiabilityAdvanceBillings
|
0 | usd |
CY2022Q3 | apld |
Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
|
6924000 | usd |
CY2021Q3 | apld |
Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
|
0 | usd |
CY2022Q3 | apld |
Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
|
0 | usd |
CY2021Q3 | apld |
Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
|
0 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
19193000 | usd |
CY2021Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
579000 | usd |
CY2022Q2 | apld |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
9524000 | usd |
CY2021Q2 | apld |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
0 | usd |
CY2022Q3 | us-gaap |
Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
|
4587000 | usd |
CY2021Q3 | us-gaap |
Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
|
0 | usd |
CY2022Q3 | apld |
Contract With Customer Liability Customer Deposits Refunded
ContractWithCustomerLiabilityCustomerDepositsRefunded
|
0 | usd |
CY2021Q3 | apld |
Contract With Customer Liability Customer Deposits Refunded
ContractWithCustomerLiabilityCustomerDepositsRefunded
|
0 | usd |
CY2022Q3 | apld |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
14111000 | usd |
CY2021Q3 | apld |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
0 | usd |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
166666667 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
166666667 | shares |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
92872271 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
92835974 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
97837703 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
97837703 | shares |
CY2021Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12337000 | usd |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
23900000 | usd |
CY2021Q4 | apld |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
|
2 | plan |
CY2021Q4 | apld |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
|
2 | plan |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.32 | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.32 | |
CY2022Q3 | apld |
Lessee Finance Lease Leases Entered Into
LesseeFinanceLeaseLeasesEnteredInto
|
11 | lease |
CY2022Q3 | apld |
Lease Weighted Average Remaining Lease Term
LeaseWeightedAverageRemainingLeaseTerm
|
P32M | |
CY2022Q3 | apld |
Lessee Weighted Average Discount Rate Percent
LesseeWeightedAverageDiscountRatePercent
|
0.0733 | |
CY2022Q3 | apld |
Lease Liability And Right Of Use Assets Added During Period
LeaseLiabilityAndRightOfUseAssetsAddedDuringPeriod
|
922000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | usd |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
243000 | usd |
CY2022Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
24200000 | usd |
CY2022Q3 | apld |
Hosting Arrangement Service Contract Term
HostingArrangementServiceContractTerm
|
P5Y | |
CY2022Q3 | apld |
Hosting Arrangement Service Contract Power Purchased
HostingArrangementServiceContractPowerPurchased
|
4900000 | usd |
CY2021Q3 | apld |
Hosting Arrangement Service Contract Power Purchased
HostingArrangementServiceContractPowerPurchased
|
0 | usd |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0 | |
CY2022Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0 | |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.01 | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-4659000 | usd |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-14340000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4659000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-14097000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-128000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4531000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14097000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.05 | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.01 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.31 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.31 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93105835 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93105835 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44937269 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44937269 | shares |