Applied Digital Corp
For the period ended May 31, 2024. Filed Aug 30, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Aug 30, 2024
APLD$16.68-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity
Consolidated Statements of Changes in Stockholders' Equity
For the Years Ended May 31, 2024 and 2023
(In thousands, except per share data)
| Common Stock · Treasury Stock · Additional Paid in Capital · Accumulated Deficit · Stockholders’ Equity · Noncontrolling interest · Total Equity | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||||||
| Balance, May 31, 2022 | 97,837,703 | $98 | (36,296) | $(62) | $128,293 | $(56,070) | $72,259 | $6,976 | $79,235 | ||||||||
| Issuance of common stock from stock plans | 3,089,655 | 3 | — | — | (3) | — | — | — | — | ||||||||
| Tax payments for restricted stock upon vesting | — | — | — | — | (168) | — | (168) | — | (168) | ||||||||
| Stock-based compensation | — | — | — | — | 32,072 | — | 32,072 | — | 32,072 | ||||||||
| Capital contribution to noncontrolling interest | — | — | — | — | — | — | — | 4,146 | 4,146 | ||||||||
| Common stock forfeited | — | — | (4,965,432) | — | — | — | — | — | — | ||||||||
| Net loss | — | — | — | — | — | (44,646) | (44,646) | (960) | (45,606) | ||||||||
| Balance, May 31, 2023 | 100,927,358 | 101 | (5,001,728) | (62) | 160,194 | (100,716) | 59,517 | 10,162 | 69,679 | ||||||||
| Shares issued in offering, net of costs | 21,600,722 | 23 | — | — | 130,826 | — | 130,849 | — | 130,849 | ||||||||
| Issuance of common stock from stock plans | 6,894,166 | 6 | — | — | (6) | — | — | — | — | ||||||||
| Tax payments for restricted stock upon vesting | — | — | — | — | (861) | — | (861) | — | (861) | ||||||||
| Conversions of debt | 13,213,727 | 13 | — | — | 52,047 | — | 52,060 | — | 52,060 | ||||||||
| Issuance of warrants, at fair value | — | — | — | — | 5,696 | — | 5,696 | — | 5,696 | ||||||||
| Share cancellations | (36,296) | — | (31,074) | — | — | — | — | — | — | ||||||||
| Stock-based compensation | — | — | — | — | 17,362 | — | 17,362 | — | 17,362 | ||||||||
| Stock issuance costs | — | — | — | — | (284) | — | (284) | — | (284) | ||||||||
| Net loss | — | — | — | — | — | (149,274) | (149,274) | (397) | (149,671) | ||||||||
| Extinguishment of noncontrolling interest | 1,484,267 | 1 | — | — | 9,764 | — | 9,765 | (9,765) | — | ||||||||
| Balance, May 31, 2024 | 144,083,944 | $144 | (5,032,802) | $(62) | $374,738 | $(249,990) | $124,830 | $— | $124,830 | ||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.