2022 Q2 Form 10-Q Financial Statement

#000162828022014389 Filed on May 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $7.523M $1.026M $0.00
YoY Change
Cost Of Revenue $7.433M $2.073M $0.00
YoY Change
Gross Profit $90.00K -$1.047M $0.00
YoY Change
Gross Profit Margin 1.2% -102.05%
Selling, General & Admin $4.321M $1.356M $14.22M
YoY Change 1205.44%
% of Gross Profit 4801.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $995.0K $245.0K $261.0K
YoY Change 99400.0% -299.24%
% of Gross Profit 1105.56%
Operating Expenses $4.356M $1.356M $14.22M
YoY Change 1212.05%
Operating Profit -$4.266M -$2.417M -$14.22M
YoY Change 1184.94%
Interest Expense -$112.0K $0.00 $0.00
YoY Change -52.54% -100.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $1.000K $80.00K $325.0K
YoY Change
Pretax Income -$4.377M -$2.337M -$15.23M
YoY Change 670.6% 20483.78%
Income Tax $266.0K $60.00K $214.0K
% Of Pretax Income
Net Earnings -$2.807M -$6.445M -$14.27M
YoY Change 394.19% 8270.13% 19181.08%
Net Earnings / Revenue -37.31% -628.17%
Basic Earnings Per Share -$0.12 $0.00
Diluted Earnings Per Share -$36.53K -$0.12 -$274.5K
COMMON SHARES
Basic Shares Outstanding 99.20M shares 53.40M shares 53.40M shares
Diluted Shares Outstanding 53.40M shares 53.40M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.30M $11.96M $14.05M
YoY Change
Cash & Equivalents $38.80M $12.00M $14.05M
Short-Term Investments
Other Short-Term Assets $2.786M $5.669M $1.649M
YoY Change
Inventory
Prepaid Expenses
Receivables $227.0K $1.038M
Other Receivables $0.00 $0.00
Total Short-Term Assets $49.31M $18.67M $15.69M
YoY Change 319.5%
LONG-TERM ASSETS
Property, Plant & Equipment $64.26M $43.62M $11.35M
YoY Change 321200.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00 $26.51M
YoY Change
Total Long-Term Assets $70.67M $44.83M $37.86M
YoY Change 2043.4%
TOTAL ASSETS
Total Short-Term Assets $49.31M $18.67M $15.69M
Total Long-Term Assets $70.67M $44.83M $37.86M
Total Assets $120.0M $63.49M $53.55M
YoY Change 697.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.24M $13.04M $5.323M
YoY Change
Accrued Expenses $191.0K $185.0K $190.0K
YoY Change
Deferred Revenue $3.877M $3.909M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.146M $26.00K
YoY Change
Total Short-Term Liabilities $29.00M $22.82M $6.539M
YoY Change 1059.92%
LONG-TERM LIABILITIES
Long-Term Debt $10.27M $40.00K $0.00
YoY Change
Other Long-Term Liabilities $936.0K $50.00K $1.010M
YoY Change
Total Long-Term Liabilities $11.21M $50.00K $1.010M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $29.00M $22.82M $6.539M
Total Long-Term Liabilities $11.21M $50.00K $1.010M
Total Liabilities $40.75M $24.15M $7.763M
YoY Change 1529.8%
SHAREHOLDERS EQUITY
Retained Earnings -$56.07M -$52.52M
YoY Change 159.31%
Common Stock $98.00K $320.0K
YoY Change 4800.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $62.00K $62.00K
YoY Change 0.0%
Treasury Stock Shares 36.30K shares 36.30K shares
Shareholders Equity $72.26M -$8.609M -$922.0K
YoY Change
Total Liabilities & Shareholders Equity $120.0M $63.49M $53.55M
YoY Change 697.1%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income -$2.807M -$6.445M -$14.27M
YoY Change 394.19% 8270.13% 19181.08%
Depreciation, Depletion And Amortization $995.0K $245.0K $261.0K
YoY Change 99400.0% -299.24%
Cash From Operating Activities -$4.985M $1.779M $3.769M
YoY Change 5906.02% 174.51%
INVESTING ACTIVITIES
Capital Expenditures -$26.79M -$21.14M -$9.316M
YoY Change 133870.0% -8062.39%
Acquisitions
YoY Change
Other Investing Activities $16.51M $17.17M -$11.01M
YoY Change -603.08% 1620.16%
Cash From Investing Activities -$10.28M -$3.975M -$20.33M
YoY Change 211.42% 3786.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 49.61M 112.0K 1.672M
YoY Change 227.76% -561.88%
NET CHANGE
Cash From Operating Activities -4.985M 1.779M 3.769M
Cash From Investing Activities -10.28M -3.975M -20.33M
Cash From Financing Activities 49.61M 112.0K 1.672M
Net Change In Cash 34.34M -2.084M -14.88M
YoY Change 192.24% -3150.0%
FREE CASH FLOW
Cash From Operating Activities -$4.985M $1.779M $3.769M
Capital Expenditures -$26.79M -$21.14M -$9.316M
Free Cash Flow $21.81M $22.92M $13.09M
YoY Change -34717.46% 941.8%

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CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53396920 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53396920 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1511061 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1511061 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50546048 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50546048 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1511061 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1511061 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
46709000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-922000 USD
CY2022Q1 us-gaap Temporary Equity Accretion Of Dividends
TemporaryEquityAccretionOfDividends
1242000 USD
CY2022Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1242000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-6445000 USD
CY2022Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
47951000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-8609000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-2161000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-77000 USD
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-2238000 USD
CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
15135000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-2583000 USD
apld Stock Issued During Period Value Issued For Debt Extinguishment
StockIssuedDuringPeriodValueIssuedForDebtExtinguishment
3477000 USD
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
115000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
12337000 USD
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
34500000 USD
apld Temporary Equity Stock Issued Issuance Costs
TemporaryEquityStockIssuedIssuanceCosts
-2926000 USD
us-gaap Temporary Equity Accretion Of Dividends
TemporaryEquityAccretionOfDividends
1242000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1242000 USD
us-gaap Profit Loss
ProfitLoss
-20713000 USD
CY2021Q2 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
CY2022Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
47951000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-8609000 USD
CY2020Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-2015000 USD
us-gaap Profit Loss
ProfitLoss
-223000 USD
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-2238000 USD
us-gaap Net Income Loss
NetIncomeLoss
-20713000 USD
us-gaap Net Income Loss
NetIncomeLoss
-223000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2870000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-17843000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-223000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1342000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
apld Gain Loss On Extinguishment Of Accounts Payable
GainLossOnExtinguishmentOfAccountsPayable
405000 USD
apld Gain Loss On Extinguishment Of Accounts Payable
GainLossOnExtinguishmentOfAccountsPayable
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12337000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
136000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
274000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1038000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2091000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10654000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
223000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
233000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3147000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
966000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4113000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31457000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
USD
apld Payments For Deposits On Equipment
PaymentsForDepositsOnEquipment
-3277000 USD
apld Payments For Deposits On Equipment
PaymentsForDepositsOnEquipment
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-28180000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-7408000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35588000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
apld Proceeds From Conversion Of Stock
ProceedsFromConversionOfStock
115000 USD
apld Proceeds From Conversion Of Stock
ProceedsFromConversionOfStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
34500000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2927000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
31686000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31686000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
211000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
0 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11750000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11961000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11961000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1207000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12156000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2021Q1 apld Number Of Subsidiary
NumberOfSubsidiary
2 subsidiary
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12000000 USD
CY2022Q1 apld Working Capital
WorkingCapital
-4500000 USD
CY2021Q1 apld Contract With Customer Liability Invoiced Revenue
ContractWithCustomerLiabilityInvoicedRevenue
0 USD
CY2021Q1 apld Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
0 USD
apld Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
1026000 USD
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%">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%">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>
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
526000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2022Q1 apld Contract With Customer Liability Invoiced Revenue
ContractWithCustomerLiabilityInvoicedRevenue
5544000 USD
apld Contract With Customer Liability Invoiced Revenue
ContractWithCustomerLiabilityInvoicedRevenue
6070000 USD
apld Contract With Customer Liability Invoiced Revenue
ContractWithCustomerLiabilityInvoicedRevenue
0 USD
CY2022Q1 apld Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
1026000 USD
apld Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
0 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3909000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3909000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2022Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
0 USD
CY2022Q1 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
0 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3900000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
314000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
43864000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
245000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43619000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
245000 USD
us-gaap Depreciation
Depreciation
245000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
0 USD
us-gaap Depreciation
Depreciation
0 USD
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
7200000 USD
us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
690000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
3300000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
60000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
274000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0147
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2022Q1 apld Purchase Obligation To Be Paid After Current Fiscal Year
PurchaseObligationToBePaidAfterCurrentFiscalYear
0 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
274000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
274000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
274000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
apld Effective Income Tax Rate Reconciliation Extinguishment Of Debt Percent
EffectiveIncomeTaxRateReconciliationExtinguishmentOfDebtPercent
-0.0079
apld Effective Income Tax Rate Reconciliation Extinguishment Of Debt Percent
EffectiveIncomeTaxRateReconciliationExtinguishmentOfDebtPercent
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0000
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2168
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2100
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0147
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
166666666 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 apld Lease Right Of Use Asset
LeaseRightOfUseAsset
1207000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
185000 USD
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18038223 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.750
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
CY2022Q1 apld Lease Right Of Use Asset
LeaseRightOfUseAsset
1200000 USD
CY2021Q2 apld Lease Right Of Use Asset
LeaseRightOfUseAsset
0 USD
CY2022Q1 apld Lease Liability
LeaseLiability
1200000 USD
CY2021Q2 apld Lease Liability
LeaseLiability
0 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1142000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
65000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
969000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1154000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
26000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
40000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
66000 USD
CY2022Q1 apld Lease Liability
LeaseLiability
1220000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2022Q1 apld Lease Liability To Be Paid Year Four
LeaseLiabilityToBePaidYearFour
342000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
78000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
243000 USD
CY2022Q1 apld Finance Lease Interest Expense And Right Of Use Asset Amortization
FinanceLeaseInterestExpenseAndRightOfUseAssetAmortization
2000 USD
apld Finance Lease Interest Expense And Right Of Use Asset Amortization
FinanceLeaseInterestExpenseAndRightOfUseAssetAmortization
2000 USD
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
20000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
100000 USD
us-gaap Lease Cost
LeaseCost
284000 USD
CY2022Q1 apld Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
176000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
78000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
7000 USD
CY2022Q1 apld Lease Liability To Be Paid Remainder Of Fiscal Year
LeaseLiabilityToBePaidRemainderOfFiscalYear
85000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
318000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
29000 USD
CY2022Q1 apld Lease Liability To Be Paid Year One
LeaseLiabilityToBePaidYearOne
347000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
326000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
29000 USD
CY2022Q1 apld Lease Liability To Be Paid Year Two
LeaseLiabilityToBePaidYearTwo
355000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
334000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
6000 USD
CY2022Q1 apld Lease Liability To Be Paid Year Three
LeaseLiabilityToBePaidYearThree
340000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
342000 USD
CY2022Q1 apld Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2022Q1 apld Lease Liability To Be Paid After Year Four
LeaseLiabilityToBePaidAfterYearFour
176000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1574000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
71000 USD
CY2022Q1 apld Lease Liability Payment Due
LeaseLiabilityPaymentDue
1645000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1154000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
66000 USD
CY2022Q1 apld Lease Liability
LeaseLiability
1220000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
185000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
26000 USD
CY2022Q1 apld Lease Liability Current
LeaseLiabilityCurrent
211000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
969000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
40000 USD
CY2022Q1 apld Lease Liability Noncurrent
LeaseLiabilityNoncurrent
1009000 USD
CY2022Q1 apld Lease Weighted Average Remaining Lease Term
LeaseWeightedAverageRemainingLeaseTerm
P55M
CY2022Q1 apld Lessee Weighted Average Discount Rate Percent
LesseeWeightedAverageDiscountRatePercent
0.1220
us-gaap Operating Lease Payments
OperatingLeasePayments
233000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000 USD
CY2022Q1 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
697000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2397000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-77000 USD
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-4048000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-6445000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-77000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.04
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.04
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.05
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53396920 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53396920 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1511061 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1511061 shares
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-17843000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-223000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2870000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
us-gaap Net Income Loss
NetIncomeLoss
-20713000 USD
us-gaap Net Income Loss
NetIncomeLoss
-223000 USD
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.35
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.35
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.15
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.15
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.06
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.06
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50546048 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50546048 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1511061 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1511061 shares

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