10-Q Filing

Applied Digital Corp. CIK: 1144879 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001144879-24-000010`
Period End Date	20231130
Filing Date	20240116
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	apld-20231130_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 36

Balance Sheet 74 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, 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`	100.93M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	122.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	95.93M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	117.73M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$14.57M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$25.42M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$82.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$307.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.52M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$36.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$258.51M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$195.59M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$1.29M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$73.37M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$95.20M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$14.30M	USD	Point-in-time
Other assets	`OtherAssets`	$17.12M	USD	Point-in-time
Other assets	`OtherAssets`	$7.10M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$263.96M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$480.65M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.26M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.33M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$8.89M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$320.00K	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	$5.72M	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	$42.80M	USD	Point-in-time
Current portion of debt	`NotesPayableCurrent`	$7.95M	USD	Point-in-time
Current portion of debt	`NotesPayableCurrent`	$9.28M	USD	Point-in-time
Sales and use tax payable	`SalesAndExciseTaxPayableCurrent`	$4.00K	USD	Point-in-time
Sales and use tax payable	`SalesAndExciseTaxPayableCurrent`	$1.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$202.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.46M	USD	Point-in-time
Long-term portion of operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$52.32M	USD	Point-in-time
Long-term portion of operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.00M	USD	Point-in-time
Long-term portion of finance lease liability	`FinanceLeaseLiabilityNoncurrent`	$8.33M	USD	Point-in-time
Long-term portion of finance lease liability	`FinanceLeaseLiabilityNoncurrent`	$36.75M	USD	Point-in-time
Other long-term related party liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other long-term related party liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$325.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$194.28M	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, 122,734,060 shares issued and 117,732,332 shares outstanding at November 30, 2023, and 100,927,358 shares issued and 95,925,630 shares outstanding at May 31, 2023	`CommonStockValue`	$123.00K	USD	Point-in-time
Common stock, $0.001 par value, 166,666,667 shares authorized, 122,734,060 shares issued and 117,732,332 shares outstanding at November 30, 2023, and 100,927,358 shares issued and 95,925,630 shares outstanding at May 31, 2023	`CommonStockValue`	$101.00K	USD	Point-in-time
Treasury stock, 5,001,728 shares at November 30, 2023 and 5,001,728 shares at May 31, 2023, at cost	`TreasuryStockCommonValue`	$62.00K	USD	Point-in-time
Treasury stock, 5,001,728 shares at November 30, 2023 and 5,001,728 shares at May 31, 2023, at cost	`TreasuryStockCommonValue`	$62.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$160.19M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$278.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-122.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-100.72M	USD	Point-in-time
Total stockholders equity attributable to Applied Digital Corporation	`StockholdersEquity`	$59.52M	USD	Point-in-time
Total stockholders equity attributable to Applied Digital Corporation	`StockholdersEquity`	$155.66M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.16M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$155.66M	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.68M	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.95M	USD	Point-in-time
Total stockholders' equity including noncontrolling interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$480.65M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$263.96M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.34M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.26M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.20M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$78.53M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$11.81M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$17.91M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$53.62M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$29.22M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.24M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$38.13M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.07M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.23M	USD	1 Quarter
Loss from legal settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Loss from legal settlement	`GainLossRelatedToLitigationSettlement`	$-80.00K	USD	1 Quarter
Loss from legal settlement	`GainLossRelatedToLitigationSettlement`	-	USD	2 Qtrs
Loss from legal settlement	`GainLossRelatedToLitigationSettlement`	$-2.38M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$94.13M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$50.38M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$50.15M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$39.04M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.17M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-26.70M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-15.60M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-30.89M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$709.00K	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$2.35M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$364.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$4.43M	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`	$-2.35M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.69M	USD	2 Qtrs
Net loss before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.38M	USD	2 Qtrs
Net loss before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.53M	USD	1 Quarter
Net loss before income tax expenses	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.06M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-280.00K	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-312.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-22.38M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.53M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.41M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-26.75M	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-261.00K	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-133.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-397.00K	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to Applied Digital Corporation	`NetIncomeLoss`	$-26.62M	USD	1 Quarter
Net loss attributable to Applied Digital Corporation	`NetIncomeLoss`	$-10.53M	USD	1 Quarter
Net loss attributable to Applied Digital Corporation	`NetIncomeLoss`	$-21.99M	USD	2 Qtrs
Net loss attributable to Applied Digital Corporation	`NetIncomeLoss`	$-31.15M	USD	2 Qtrs
Basic net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	2 Qtrs
Basic net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	1 Quarter
Basic net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Basic net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareBasic`	$-0.33	USD	2 Qtrs
Diluted net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Diluted net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.33	USD	2 Qtrs
Diluted net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	2 Qtrs
Diluted net loss per share attributable to Applied Digital Corporation (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	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`	109.66M	shares	1 Quarter
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.07M	shares	2 Qtrs
Basic weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	93.42M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.07M	shares	2 Qtrs
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`	93.42M	shares	1 Quarter
Diluted weighted average number of shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.66M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-22.38M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.53M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.41M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-26.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.28M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.57M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$22.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.44M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-280.00K	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`	$-2.35M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$352.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	2 Qtrs
Loss on abandonment of assets	`InventoryWriteDown`	-	USD	2 Qtrs
Loss on abandonment of assets	`InventoryWriteDown`	$189.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$225.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-495.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.44M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.84M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.10M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.09M	USD	2 Qtrs
Lease assets and liabilities	`IncreaseDecreaseInLeaseAssetsAndLiabilitiesNet`	$-16.90M	USD	2 Qtrs
Lease assets and liabilities	`IncreaseDecreaseInLeaseAssetsAndLiabilitiesNet`	$-220.00K	USD	2 Qtrs
Sales and use tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-1.63M	USD	2 Qtrs
Sales and use tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$865.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.04M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	2 Qtrs
CASH FLOW PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$27.98M	USD	2 Qtrs
CASH FLOW PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$9.06M	USD	2 Qtrs
Purchases of property and equipment and other assets	`PaymentsToAcquireProductiveAssets`	$45.83M	USD	2 Qtrs
Purchases of property and equipment and other assets	`PaymentsToAcquireProductiveAssets`	$70.31M	USD	2 Qtrs
Finance lease prepayments	`PrepaymentsForFinanceLease`	-	USD	2 Qtrs
Finance lease prepayments	`PrepaymentsForFinanceLease`	$19.39M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$390.00K	USD	2 Qtrs
CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-65.61M	USD	2 Qtrs
CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-70.31M	USD	2 Qtrs
Repayment of finance leases	`FinanceLeasePrincipalPayments`	$13.07M	USD	2 Qtrs
Repayment of finance leases	`FinanceLeasePrincipalPayments`	$778.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$378.00K	USD	2 Qtrs
Tax payments for restricted stock upon vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Tax payments for restricted stock upon vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$43.00K	USD	2 Qtrs
Noncontrolling interest contributions	`ProceedsFromMinorityShareholders`	$1.75M	USD	2 Qtrs
Noncontrolling interest contributions	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Proceeds from issuance of common stock, net of costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock, net of costs	`ProceedsFromIssuanceOfCommonStock`	$97.92M	USD	2 Qtrs
CASH FLOW PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$14.10M	USD	2 Qtrs
CASH FLOW PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$47.61M	USD	2 Qtrs
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.23M	USD	2 Qtrs
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.94M	USD	2 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.57M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.07M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.30M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.63M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.57M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.07M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.30M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.63M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$707.00K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$4.37M	USD	2 Qtrs
Operating right-of-use assets obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Operating right-of-use assets obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$69.33M	USD	2 Qtrs
Finance right-of-use assets obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$96.95M	USD	2 Qtrs
Finance right-of-use assets obtained by lease obligation	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$6.92M	USD	2 Qtrs
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.47M	USD	2 Qtrs
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$23.57M	USD	2 Qtrs
Conversion of non-controlling interest	`ConversionOfNonControllingInterestAmountReceived`	$9.77M	USD	2 Qtrs
Conversion of non-controlling interest	`ConversionOfNonControllingInterestAmountReceived`	-	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	95.93M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	117.73M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$155.66M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.68M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time
Shares issued in offering, net of costs	`StockIssuedDuringPeriodValueNewIssues`	$97.92M	USD	2 Qtrs
Shares issued in offering, net of costs	`StockIssuedDuringPeriodValueNewIssues`	$33.44M	USD	1 Quarter
Shares issued from award vestings	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Shares issued from award vestings	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	2 Qtrs
Shares issued from award vestings	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.82M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.44M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.40M	USD	2 Qtrs
Capital contribution to noncontrolling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.75M	USD	2 Qtrs
Common stock forfeited (in shares)	`StockForfeitedAndPlacedInTreasuryDuringPeriodShares`	-4.97M	shares	2 Qtrs
Net loss	`ProfitLoss`	$-22.38M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-10.53M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.41M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-26.75M	USD	1 Quarter
Extinguishment of noncontrolling interest (in shares)	`NoncontrollingInterestDecreaseFromRedemptionsOrPurchaseOfInterestsShares`	1.50M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	95.93M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	117.73M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$155.66M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.97M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.68M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$79.23M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$76.90M	USD	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	5.00M	shares	Point-in-time

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