2024 Q1 Form 10-Q Financial Statement

#000114487924000010 Filed on January 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $43.35M $42.20M
YoY Change 207.65% 242.0%
Cost Of Revenue $47.06M $29.22M
YoY Change 346.8% 147.39%
Gross Profit -$3.713M $12.98M
YoY Change -204.39% 2358.52%
Gross Profit Margin -8.57% 30.76%
Selling, General & Admin $30.39M $21.08M
YoY Change 189.01% -20.48%
% of Gross Profit 162.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.21M $13.42M
YoY Change 2811.67% 1578.0%
% of Gross Profit 103.41%
Operating Expenses $30.39M $21.08M
YoY Change 189.01% -20.48%
Operating Profit -$55.82M -$8.174M
YoY Change 702.39% -69.36%
Interest Expense $4.404M $2.355M
YoY Change 1046.88% 511.69%
% of Operating Profit
Other Income/Expense, Net -$2.612M
YoY Change 580.21%
Pretax Income -$62.84M -$10.53M
YoY Change 755.99% -61.09%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$62.84M -$10.53M
YoY Change 794.49% -60.44%
Net Earnings / Revenue -144.96% -24.95%
Basic Earnings Per Share -$0.52 -$0.10
Diluted Earnings Per Share -$0.52 -$0.10
COMMON SHARES
Basic Shares Outstanding 122.0M shares 106.3M shares
Diluted Shares Outstanding 121.4M shares 109.7M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.435M $9.217M
YoY Change -80.65% -49.0%
Cash & Equivalents $4.435M $9.217M
Short-Term Investments
Other Short-Term Assets $101.0M $26.93M
YoY Change 7184.86% 1023.61%
Inventory
Prepaid Expenses
Receivables $225.0K $307.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $105.7M $36.46M
YoY Change 333.38% 75.72%
LONG-TERM ASSETS
Property, Plant & Equipment $211.2M $258.5M
YoY Change 26.24% 94.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $41.24M $17.12M
YoY Change 1261.02% 1080.48%
Total Long-Term Assets $537.5M $444.2M
YoY Change 193.35% 202.8%
TOTAL ASSETS
Total Short-Term Assets $105.7M $36.46M
Total Long-Term Assets $537.5M $444.2M
Total Assets $643.2M $480.7M
YoY Change 209.8% 187.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $93.92M $38.26M
YoY Change 570.84% 412.07%
Accrued Expenses $27.55M $10.54M
YoY Change 378.54% 132.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $105.8M $52.08M
YoY Change 2078.52% 1163.56%
Total Short-Term Liabilities $349.2M $202.4M
YoY Change 221.51% 188.33%
LONG-TERM LIABILITIES
Long-Term Debt $106.3M $70.25M
YoY Change 463.35% 328.98%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $349.2M $202.4M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $524.7M $325.0M
YoY Change 285.19% 240.41%
SHAREHOLDERS EQUITY
Retained Earnings -$185.5M -$122.7M
YoY Change 96.87% 40.68%
Common Stock $127.0K $123.0K
YoY Change 27.0% 30.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $118.5M $155.7M
YoY Change
Total Liabilities & Shareholders Equity $643.2M $480.7M
YoY Change 209.8% 187.06%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income -$62.84M -$10.53M
YoY Change 794.49% -60.44%
Depreciation, Depletion And Amortization $26.21M $13.42M
YoY Change 2811.67% 1578.0%
Cash From Operating Activities $38.84M $4.536M
YoY Change 48.44% -57.55%
INVESTING ACTIVITIES
Capital Expenditures $41.17M $13.24M
YoY Change 58.89% -134.27%
Acquisitions
YoY Change
Other Investing Activities -$15.74M -$11.83M
YoY Change 15644.0%
Cash From Investing Activities -$56.91M -$25.07M
YoY Change 118.81% -35.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 24.42M 23.95M
YoY Change 420.49% 361.41%
NET CHANGE
Cash From Operating Activities 38.84M 4.536M
Cash From Investing Activities -56.91M -25.07M
Cash From Financing Activities 24.42M 23.95M
Net Change In Cash 6.346M 3.420M
YoY Change 30.93% -115.03%
FREE CASH FLOW
Cash From Operating Activities $38.84M $4.536M
Capital Expenditures $41.17M $13.24M
Free Cash Flow -$2.326M -$8.704M
YoY Change -1008.59% -117.65%

Facts In Submission

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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18074000 usd
us-gaap Interest Paid Net
InterestPaidNet
4370000 usd
us-gaap Interest Paid Net
InterestPaidNet
707000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
69329000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
96946000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
6925000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
23572000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3466000 usd
apld Conversion Of Non Controlling Interest Amount Received
ConversionOfNonControllingInterestAmountReceived
9765000 usd
apld Conversion Of Non Controlling Interest Amount Received
ConversionOfNonControllingInterestAmountReceived
0 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the unaudited condensed 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 of the valuation allowance associated with the Company’s deferred tax assets.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q4 us-gaap Depreciation
Depreciation
800000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have reclassified certain prior period revenue amounts from datacenter hosting revenue to related party datacenter hosting revenue on our condensed consolidated statements of operations. We have also reclassified amounts from accounts payable and accrued expenses and prepaid expenses and other current assets to accounts payable, accrued expenses, prepaid expenses, and other current assets as well as from customer deposits and deferred revenue to the associated related party caption lines and from prepaid expenses and other current assets to other assets in our condensed consolidated balance sheets to conform to our current period presentation. Lastly, we have reclassified interest income from selling, general and administrative to interest expense, net in our condensed consolidated statement of operations to conform to our current period presentation. These reclassifications had no impact on reported net income, cash flows, or total assets and liabilities.</span></div>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9217000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28999000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
25416000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
14575000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34633000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43574000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
268271000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
200533000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9763000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4940000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
258508000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
195593000 usd
CY2023Q4 us-gaap Depreciation
Depreciation
2600000 usd
us-gaap Depreciation
Depreciation
4900000 usd
us-gaap Depreciation
Depreciation
1700000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
52000000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
48692000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3877000 usd
apld Contract With Customer Liability Advance Billings
ContractWithCustomerLiabilityAdvanceBillings
81839000 usd
apld Contract With Customer Liability Advance Billings
ContractWithCustomerLiabilityAdvanceBillings
44646000 usd
apld Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
78527000 usd
apld Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
19264000 usd
apld Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
0 usd
apld Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
135000 usd
CY2023Q2 apld Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
36370000 usd
CY2022Q2 apld Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
9524000 usd
us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
4274000 usd
us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
15300000 usd
apld Contract With Customer Liability Customer Deposits Refunded
ContractWithCustomerLiabilityCustomerDepositsRefunded
0 usd
apld Contract With Customer Liability Customer Deposits Refunded
ContractWithCustomerLiabilityCustomerDepositsRefunded
0 usd
apld Contract With Customer Liability Customer Deposits Other Adjustments
ContractWithCustomerLiabilityCustomerDepositsOtherAdjustments
0 usd
apld Contract With Customer Liability Customer Deposits Other Adjustments
ContractWithCustomerLiabilityCustomerDepositsOtherAdjustments
-135000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
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
apld Sale Of Stock Maximum Consideration To Be Received
SaleOfStockMaximumConsiderationToBeReceived
125000000 usd
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
14800000 shares
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3300000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
97900000 usd
CY2023Q3 apld Noncontrolling Interest Decrease From Redemptions Or Purchase Of Interests Shares
NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsShares
1500000 shares
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
2486000 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
82000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2970000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
164000 usd
CY2023Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
80000 usd
CY2022Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
105000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
207000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
223000 usd
CY2023Q4 apld Long Term Lease Cost
LongTermLeaseCost
2566000 usd
CY2022Q4 apld Long Term Lease Cost
LongTermLeaseCost
187000 usd
apld Long Term Lease Cost
LongTermLeaseCost
3177000 usd
apld Long Term Lease Cost
LongTermLeaseCost
387000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10860000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
735000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
16490000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1033000 usd
CY2023Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1659000 usd
CY2022Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
183000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2741000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
292000 usd
CY2023Q4 apld Finance Lease Cost
FinanceLeaseCost
12519000 usd
CY2022Q4 apld Finance Lease Cost
FinanceLeaseCost
918000 usd
apld Finance Lease Cost
FinanceLeaseCost
19231000 usd
apld Finance Lease Cost
FinanceLeaseCost
1325000 usd
CY2023Q4 us-gaap Variable Lease Cost
VariableLeaseCost
40000 usd
CY2022Q4 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Variable Lease Cost
VariableLeaseCost
77000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2023Q4 us-gaap Sublease Income
SubleaseIncome
24000 usd
CY2022Q4 us-gaap Sublease Income
SubleaseIncome
30000 usd
us-gaap Sublease Income
SubleaseIncome
47000 usd
us-gaap Sublease Income
SubleaseIncome
58000 usd
CY2023Q4 us-gaap Lease Cost
LeaseCost
15101000 usd
CY2022Q4 us-gaap Lease Cost
LeaseCost
1075000 usd
us-gaap Lease Cost
LeaseCost
22438000 usd
us-gaap Lease Cost
LeaseCost
1654000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6605000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
24341000 usd
CY2023Q4 apld Lease Liability To Be Paid Remainder Of Fiscal Year
LeaseLiabilityToBePaidRemainderOfFiscalYear
30946000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13562000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
47340000 usd
CY2023Q4 apld Lease Liability To Be Paid Year One
LeaseLiabilityToBePaidYearOne
60902000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14031000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
12108000 usd
CY2023Q4 apld Lease Liability To Be Paid Year Two
LeaseLiabilityToBePaidYearTwo
26139000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14166000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
188000 usd
CY2023Q4 apld Lease Liability To Be Paid Year Three
LeaseLiabilityToBePaidYearThree
14354000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14360000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
180000 usd
CY2023Q4 apld Lease Liability To Be Paid Year Four
LeaseLiabilityToBePaidYearFour
14540000 usd
CY2023Q4 apld Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
12441000 usd
CY2023Q4 apld Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
89944000 usd
CY2023Q4 apld Lease Liability To Be Paid After Year Four
LeaseLiabilityToBePaidAfterYearFour
102385000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
75165000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
174101000 usd
CY2023Q4 apld Lease Liability Payment Due
LeaseLiabilityPaymentDue
249266000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13954000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
94548000 usd
CY2023Q4 apld Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
108502000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
61211000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
79553000 usd
CY2023Q4 apld Lease Liability
LeaseLiability
140764000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8887000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
42805000 usd
CY2023Q4 apld Lease Liability Current
LeaseLiabilityCurrent
51692000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
52324000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
36748000 usd
CY2023Q4 apld Lease Liability Noncurrent
LeaseLiabilityNoncurrent
89072000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P28Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.088
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.080
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.079
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.125
CY2023Q4 apld Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
130400000 usd
apld Hosting Arrangement Service Contract Term
HostingArrangementServiceContractTerm
P3Y2M12D
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42203000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12340000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78527000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19264000 usd
CY2023Q4 us-gaap Interest Expense
InterestExpense
2355000 usd
CY2022Q4 us-gaap Interest Expense
InterestExpense
364000 usd
us-gaap Interest Expense
InterestExpense
4430000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
109663030 shares
us-gaap Interest Expense
InterestExpense
709000 usd
CY2023Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2353000 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10529000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31689000 usd
CY2023Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13424000 usd
CY2022Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1568000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21284000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2704000 usd
CY2023Q4 us-gaap Assets
Assets
480654000 usd
CY2023Q2 us-gaap Assets
Assets
263957000 usd
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-10529000 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-26750000 usd
us-gaap Profit Loss
ProfitLoss
-22383000 usd
us-gaap Profit Loss
ProfitLoss
-31409000 usd
CY2023Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2022Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-133000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-397000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-261000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-10529000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-26617000 usd
us-gaap Net Income Loss
NetIncomeLoss
-21986000 usd
us-gaap Net Income Loss
NetIncomeLoss
-31148000 usd
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109663030 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93422427 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93422427 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105067375 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105067375 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93263266 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93263266 shares

Files In Submission

Name View Source Status
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apld-20231130_cal.xml Edgar Link unprocessable
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