For the quarter ending 2025-08-31, APLD has $2,398,995K in assets. $1,291,007K in debts. $73,911K in cash and cash equivalents.
| Balance Sheets | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 73,911 | 41,552 | 68,743 | 286,237 |
| Funds for construction | 2,851 | 41,026 | 154,139 | - |
| Restricted cash | - | - | - | 21,342 |
| Letters of credit | 37,342 | 31,342 | 31,342 | - |
| Accounts receivable | 29,134 | 3,043 | 14,619 | 12,313 |
| Prepaid expenses and other current assets | 188,491 | 9,430 | 5,416 | 8,496 |
| Current assets held for sale | 310,006 | 304,200 | 0 | 0 |
| Total current assets | 641,735 | 430,593 | 274,259 | 328,388 |
| Property and equipment, net | 1,461,775 | 1,275,841 | 1,002,206 | 772,664 |
| Operating lease right of use assets, net | 810 | 960 | 153,434 | 140,583 |
| Finance lease right of use assets, net | 16,893 | 17,820 | 235,203 | 261,452 |
| Other assets | 277,782 | 144,876 | 42,245 | 40,082 |
| Total assets | 2,398,995 | 1,870,090 | 1,707,347 | 1,543,169 |
| Accounts payable | 172,823 | 247,528 | 170,517 | 192,017 |
| Accrued liabilities | 182,948 | 29,549 | 19,268 | 31,625 |
| Current portion of operating lease liability | 688 | 692 | 27,496 | 23,096 |
| Current portion of finance lease liability | 11,951 | 13,633 | 140,135 | 136,511 |
| Current portion of debt | 382,056 | 10,331 | 10,138 | 6,543 |
| Current portion of debt, at fair value | - | 0 | 0 | 4,798 |
| Customer deposits-Nonrelated Party | - | 16,125 | 16,125 | 16,125 |
| Customer deposits-Related Party | - | 0 | 0 | 0 |
| Deferred revenue-Nonrelated Party | - | 0 | 4,879 | 6,187 |
| Customer deposits | 16,752 | - | - | - |
| Deferred revenue-Related Party | - | 0 | 0 | 0 |
| Deferred revenue | 626 | - | - | - |
| Due to customer | 3,054 | 4,807 | 4,807 | 7,355 |
| Current liabilities held-for-sale | 188,215 | 216,047 | - | - |
| Other current liabilities | 26,380 | 19,432 | 216 | 96 |
| Total current liabilities | 985,493 | 558,144 | 393,581 | 424,353 |
| Long-term portion of operating lease liability | 220 | 381 | 104,679 | 97,821 |
| Long-term portion of finance lease liability | 11 | 15 | 32,232 | 62,397 |
| Long-term debt-Nonrelated Party | - | 677,825 | 678,988 | 468,244 |
| Long-term debt | 305,283 | - | - | - |
| Total liabilities | 1,291,007 | 1,236,365 | 1,209,480 | 1,052,815 |
| Preferred stock-Series EPreferred Stock | 6,932 | 6,932 | 6,932 | 6,932 |
| Preferred stock-Series FPreferred Stock | - | - | - | 43,000 |
| Preferred stock-Series E1Preferred Stock | 56,796 | 57,011 | 36,287 | 5,850 |
| Preferred stock-Series GPreferred Stock | 0 | 72,094 | - | - |
| Common stock, 0.001 par value, 400,000,000 shares authorized, 278,584,101 shares issued and 269,292,902 shares outstanding at august31, 2025, and 234,200,868 shares issued and 224,909,669 shares outstanding at may31, 2025 | 274 | 230 | 230 | 222 |
| Treasury stock, 9,291,199 shares at august31, 2025 and 9,291,199 shares at may31, 2025, at cost | 31,400 | 31,400 | 31,400 | 31,400 |
| Additional paid in capital | 1,573,367 | 1,009,913 | 914,336 | 858,713 |
| Accumulated deficit | -497,981 | -481,055 | -428,518 | -392,963 |
| Total stockholders equity attributable to applied digital corporation | 1,044,260 | 497,688 | 454,648 | 434,572 |
| Total liabilities, temporary equity and stockholders' equity | 2,398,995 | 1,870,090 | 1,707,347 | 1,543,169 |
Applied Digital Corp. (APLD)
Applied Digital Corp. (APLD)