10-Q Filing

Applied Digital Corp. CIK: 1144879 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001144879-23-000028`
Period End Date	20221130
Filing Date	20230110
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	apld-20221130_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 100 Cash Flow Statement 103 Stockholders Equity 43

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	166.67M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	166.67M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.98M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.04M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	97.84M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.07M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	93.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	97.80M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$227.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$276.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.40M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	36,300.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.34M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	36,300.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$47.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.75M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$64.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$132.89M	USD	Point-in-time
Right of use asset, net	`LeaseRightOfUseAsset`	$12.35M	USD	Point-in-time
Right of use asset, net	`LeaseRightOfUseAsset`	$6.41M	USD	Point-in-time
Utility deposits	`DepositsAssetsNoncurrent`	$1.45M	USD	Point-in-time
Utility deposits	`DepositsAssetsNoncurrent`	$1.45M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$167.44M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$119.98M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$13.26M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.47M	USD	Point-in-time
Current portion of lease liability	`LeaseLiabilityCurrent`	$1.00M	USD	Point-in-time
Current portion of lease liability	`LeaseLiabilityCurrent`	$3.66M	USD	Point-in-time
Current portion of term loan	`NotesPayableCurrent`	$4.12M	USD	Point-in-time
Current portion of term loan	`NotesPayableCurrent`	$1.33M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent1`	$9.52M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent1`	$24.69M	USD	Point-in-time
Current deferred revenue	`ContractWithCustomerLiabilityCurrent`	$29.39M	USD	Point-in-time
Current deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.88M	USD	Point-in-time
Sales and use tax payable	`SalesAndExciseTaxPayableCurrent`	$865.00K	USD	Point-in-time
Sales and use tax payable	`SalesAndExciseTaxPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$540.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$260.00K	USD	Point-in-time
Long-term portion of lease liability	`LeaseLiabilityNoncurrent`	$8.63M	USD	Point-in-time
Long-term portion of lease liability	`LeaseLiabilityNoncurrent`	$5.31M	USD	Point-in-time
Long-term term loan	`LongTermNotesPayable`	$5.90M	USD	Point-in-time
Long-term term loan	`LongTermNotesPayable`	$16.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$40.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$95.47M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 166,666,667 shares authorized, 93,982,650 shares issued and 93,946,353 shares outstanding at November 30, 2022, and 97,837,703 shares issued and 97,801,406 shares outstanding at May 31, 2022	`CommonStockValue`	$94.00K	USD	Point-in-time
Common stock, $0.001 par value, 166,666,667 shares authorized, 93,982,650 shares issued and 93,946,353 shares outstanding at November 30, 2022, and 97,837,703 shares issued and 97,801,406 shares outstanding at May 31, 2022	`CommonStockValue`	$98.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$150.69M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$128.29M	USD	Point-in-time
Treasury stock, 36,300 shares at November 30, 2022 and May 31, 2022, at cost	`TreasuryStockValue`	$62.00K	USD	Point-in-time
Treasury stock, 36,300 shares at November 30, 2022 and May 31, 2022, at cost	`TreasuryStockValue`	$62.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.07M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.22M	USD	Point-in-time
Total stockholders equity attributable to Applied Digital Corporation	`StockholdersEquity`	$72.26M	USD	Point-in-time
Total stockholders equity attributable to Applied Digital Corporation	`StockholdersEquity`	$63.51M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$8.46M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$6.98M	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-750.00K	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-921.00K	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.58M	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
Total Stockholders' equity (deficit) including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$167.44M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$119.98M	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Hosting revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.34M	USD	1 Quarter
Hosting revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.26M	USD	2 Qtrs
Hosting revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Hosting revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$11.81M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$17.91M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$1.36M	USD	2 Qtrs
Gross profit	`GrossProfit`	$528.00K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.22M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$31.21M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationNonproduction`	$177.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationNonproduction`	$703.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationNonproduction`	$174.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationNonproduction`	$1.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$14.39M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$32.21M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$27.20M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.35M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-14.39M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-30.85M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-26.68M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.35M	USD	1 Quarter
Interest Expense	`InterestExpense`	$741.00K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$385.00K	USD	1 Quarter
Interest Expense	`InterestExpense`	-	USD	2 Qtrs
Interest Expense	`InterestExpense`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-94.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.34M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.34M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-835.00K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-385.00K	USD	1 Quarter
Net loss from continuing operations before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.06M	USD	1 Quarter
Net loss from continuing operations before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.69M	USD	2 Qtrs
Net loss from continuing operations before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.35M	USD	1 Quarter
Net loss from continuing operations before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.73M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-312.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$214.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$214.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-280.00K	USD	2 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.57M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-15.95M	USD	2 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-26.75M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-31.41M	USD	2 Qtrs
Net gain from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	2 Qtrs
Net gain from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.68M	USD	2 Qtrs
Net gain from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.40M	USD	1 Quarter
Net gain from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-31.41M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-171.00K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-26.75M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-14.27M	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-133.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-261.00K	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-171.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-26.62M	USD	1 Quarter
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-31.15M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-14.27M	USD	2 Qtrs
Continuing Operations - basic ( in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.34	USD	2 Qtrs
Continuing Operations - basic ( in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	1 Quarter
Continuing Operations - basic ( in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.29	USD	1 Quarter
Continuing Operations - basic ( in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.32	USD	2 Qtrs
Continuing Operations - diluted ( in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.03	USD	1 Quarter
Continuing Operations - diluted ( in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.29	USD	1 Quarter
Continuing Operations - diluted ( in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.32	USD	2 Qtrs
Continuing Operations - diluted ( in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.34	USD	2 Qtrs
Discontinued Operations - basic ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.03	USD	2 Qtrs
Discontinued Operations - basic ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.03	USD	1 Quarter
Discontinued Operations - basic ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued Operations - basic ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued Operations - diluted ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.03	USD	2 Qtrs
Discontinued Operations - diluted ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Discontinued Operations - diluted ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.03	USD	1 Quarter
Discontinued Operations - diluted ( in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.34	USD	2 Qtrs
Basic net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	2 Qtrs
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.34	USD	2 Qtrs
Diluted net loss per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.14M	shares	2 Qtrs
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.42M	shares	1 Quarter
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.26M	shares	2 Qtrs
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.40M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.42M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.26M	shares	2 Qtrs
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.14M	shares	2 Qtrs
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.40M	shares	1 Quarter

Cash Flow Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-171.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-26.62M	USD	1 Quarter
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-31.15M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent, Total	`NetIncomeLoss`	$-14.27M	USD	2 Qtrs
Net loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	2 Qtrs
Net loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.68M	USD	2 Qtrs
Net loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.40M	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-133.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-261.00K	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.57M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-15.95M	USD	2 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-26.75M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-31.41M	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$177.00K	USD	2 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$2.70M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-94.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.34M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Stock-Based Compensation	`ShareBasedCompensation`	$12.34M	USD	2 Qtrs
Stock-Based Compensation	`ShareBasedCompensation`	$22.40M	USD	2 Qtrs
Lease Expense	`OperatingLeaseCost`	$97.00K	USD	2 Qtrs
Lease Expense	`OperatingLeaseCost`	$28.00K	USD	2 Qtrs
Deferred Tax	`DeferredIncomeTaxExpenseBenefit`	$-280.00K	USD	2 Qtrs
Deferred Tax	`DeferredIncomeTaxExpenseBenefit`	$214.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.06M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.64M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits`	$15.16M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits`	-	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$25.52M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.25M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.75M	USD	2 Qtrs
Sales and use tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	2 Qtrs
Sales and use tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$865.00K	USD	2 Qtrs
Lease Assets and Liabilities	`IncreaseDecreaseInLeaseAssetsAndLiabilitiesNet`	$-25.00K	USD	2 Qtrs
Lease Assets and Liabilities	`IncreaseDecreaseInLeaseAssetsAndLiabilitiesNet`	$-317.00K	USD	2 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.73M	USD	2 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$27.98M	USD	2 Qtrs
Net cash provided by operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$600.00K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$27.98M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$2.33M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.31M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.31M	USD	2 Qtrs
Deposit on equipment	`PaymentsForDepositsOnEquipment`	-	USD	2 Qtrs
Deposit on equipment	`PaymentsForDepositsOnEquipment`	$23.23M	USD	2 Qtrs
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-70.31M	USD	2 Qtrs
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-33.54M	USD	2 Qtrs
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.93M	USD	2 Qtrs
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-31.61M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-70.31M	USD	2 Qtrs
Issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$34.50M	USD	2 Qtrs
Issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Repayment of finance leases	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Repayment of finance leases	`FinanceLeasePrincipalPayments`	$778.00K	USD	2 Qtrs
Preferred issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Preferred issuance costs	`PaymentsOfStockIssuanceCosts`	$2.93M	USD	2 Qtrs
Term loan payoff	`EarlyRepaymentOfDebt`	-	USD	2 Qtrs
Term loan payoff	`EarlyRepaymentOfDebt`	$7.06M	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfMediumTermNotes`	$21.71M	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfMediumTermNotes`	-	USD	2 Qtrs
Term Loan Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$378.00K	USD	2 Qtrs
Term Loan Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Loan Payments	`MaturitiesOfDebt`	-	USD	2 Qtrs
Loan Payments	`MaturitiesOfDebt`	$1.10M	USD	2 Qtrs
Payments of employee restricted stock tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Payments of employee restricted stock tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$43.00K	USD	2 Qtrs
Equity contributions to subsidiaries	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Equity contributions to subsidiaries	`ProceedsFromMinorityShareholders`	$1.75M	USD	2 Qtrs
Net cash provided by financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$31.57M	USD	2 Qtrs
Net cash provided by financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$14.10M	USD	2 Qtrs
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
CASH FLOW PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$31.57M	USD	2 Qtrs
CASH FLOW PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$14.10M	USD	2 Qtrs
NET (DECREASE ) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.29M	USD	2 Qtrs
NET (DECREASE ) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.23M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.04M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.75M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.30M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.07M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.04M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.75M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.30M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.07M	USD	Point-in-time
Less: cash and cash equivalents of discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	-	USD	Point-in-time
Less: cash and cash equivalents of discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	-	USD	Point-in-time
Cash and cash equivalents of continuing operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.04M	USD	Point-in-time
Cash and cash equivalents of continuing operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.30M	USD	Point-in-time
Cash and cash equivalents of continuing operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.07M	USD	Point-in-time
Interest Paid	`InterestPaidNet`	-	USD	2 Qtrs
Interest Paid	`InterestPaidNet`	$707.00K	USD	2 Qtrs
Right-of-use asset obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.92M	USD	2 Qtrs
Right-of-use asset obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.29M	USD	2 Qtrs
Fixed assets in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$513.00K	USD	2 Qtrs
Fixed assets in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.47M	USD	2 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$15.13M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$46.71M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$45.04M	USD	Point-in-time
Issuance of Preferred Stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$34.50M	USD	2 Qtrs
Issuance of Preferred Stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.90M	USD	1 Quarter
Issuance Costs of Preferred Stock	`TemporaryEquityStockIssuedIssuanceCosts`	$-2.93M	USD	2 Qtrs
Issuance Costs of Preferred Stock	`TemporaryEquityStockIssuedIssuanceCosts`	$-228.00K	USD	1 Quarter
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$15.13M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$46.71M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$45.04M	USD	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	93.95M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	97.80M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-750.00K	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-921.00K	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.58M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$45.79M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$44.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$12.55M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.40M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.82M	USD	1 Quarter
Capital contribution to noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.75M	USD	2 Qtrs
Stock Cancellation	`StockForfeitedAndCanceledDuringPeriodValue`	-	USD	2 Qtrs
Extinguishment of Debt	`StockIssuedDuringPeriodValueIssuedForDebtExtinguishment`	$3.48M	USD	2 Qtrs
Stock Issued During Period, Value, Stock Dividend	`StockIssuedDuringPeriodValueStockDividend`	$115.00K	USD	2 Qtrs
Service agreement stock compensation	`StockIssuedDuringPeriodValueIssuedForServices`	$12.34M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-31.41M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-171.00K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-26.75M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-14.27M	USD	2 Qtrs
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	93.95M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	97.80M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-750.00K	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-921.00K	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.58M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$45.79M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$44.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndTemporaryEquity`	$12.55M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.