CleanSpark Files 10-Q for Q2 2025
Ticker: CLSKW · Form: 10-Q · Filed: May 8, 2025 · CIK: 827876
| Field | Detail |
|---|---|
| Company | Cleanspark, Inc. (CLSKW) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, acquisitions, credit-agreement
Related Tickers: CLSK
TL;DR
CLSK Q2 2025 10-Q filed. Shows credit agreements & acquisitions. Check financials.
AI Summary
CleanSpark, Inc. filed its 10-Q for the period ending March 31, 2025, reporting on its financial performance. The filing details various financial instruments and agreements, including credit facilities with Western Alliance Bank and Trinity Capital Inc., and acquisitions in Georgia and Mississippi. The company's fiscal year ends on September 30th.
Why It Matters
This filing provides investors with an update on CleanSpark's financial health and operational activities for the second quarter of fiscal year 2025, including details on debt and acquisitions.
Risk Assessment
Risk Level: medium — The filing pertains to a company in the cryptocurrency sector, which is inherently volatile, and includes details on credit agreements and acquisitions that carry financial risks.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter being reported.)
- 20250508 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- CleanSpark, Inc. (company) — Filer
- Western Alliance Bank (company) — Credit Agreement
- Trinity Capital Inc. (company) — Credit Agreement
- Georgia (location) — Acquisition Location
- Mississippi (location) — Acquisition Location
FAQ
What is the total amount of debt outstanding as of March 31, 2025?
The filing does not explicitly state the total amount of debt outstanding in the provided snippet, but mentions credit agreements with Western Alliance Bank and Trinity Capital Inc.
What were the key financial results for the quarter ending March 31, 2025?
The provided snippet does not contain specific financial results like revenue or net income for the quarter ending March 31, 2025.
What was the nature of the acquisitions in Georgia and Mississippi?
The filing mentions acquisitions in Georgia (clsk:GeorgiaAcquisitionMember) and Mississippi (clsk:MississippiAcquisitionClintonMsMember) but does not detail their nature or financial impact in the provided text.
Are there any new credit agreements or significant changes to existing ones?
The filing references a credit agreement with Western Alliance Bank (clsk:WesternAllianceBankCreditAgreementMember) and a prior agreement with Trinity Capital Inc. (clsk:TrinityCapitalIncMember), but the snippet does not detail changes.
What is CleanSpark's primary business activity?
CleanSpark, Inc. is listed under the SIC code 6199 for Finance Services, but the context of its operations, particularly related to '09 Crypto Assets', suggests involvement in the cryptocurrency sector.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding CLEANSPARK, INC. (CLSKW).