CalEthos, Inc. Files 2023 Annual Report on Form 10-K

TL;DR

<b>CalEthos, Inc. has submitted its 2023 annual report (10-K), detailing its financial performance and operations for the fiscal year ending December 31, 2023.</b>

AI Summary

CalEthos, Inc. (GEDC) filed a Annual Report (10-K) with the SEC on April 9, 2024. CalEthos, Inc. (formerly RealSource Residential, Inc.) filed its 2023 10-K report on April 9, 2024. The company is incorporated in Nevada and operates within the Real Estate Investment Trusts sector. Its principal business address is Three Sugar Creek Center, Suite 100, Sugar Land, TX 77478. The filing covers the fiscal year ending December 31, 2023. CalEthos, Inc. has a history of name changes, including UPSTREAM BIOSCIENCES INC. and FORCE ENERGY CORP.

Why It Matters

For investors and stakeholders tracking CalEthos, Inc., this filing contains several important signals. This 10-K filing provides a comprehensive overview of CalEthos, Inc.'s financial health, strategic initiatives, and risk factors for the fiscal year 2023, crucial for investors assessing the company's current standing and future prospects. As a Real Estate Investment Trust (REIT), the detailed financial information within this report is vital for understanding its asset management, revenue streams, and compliance with industry-specific regulations.

Risk Assessment

Risk Level: low — CalEthos, Inc. shows low risk based on this filing. The filing is a standard annual report (10-K) with no immediate red flags or urgent disclosures, indicating a routine update on the company's status.

Analyst Insight

Review the detailed financial statements and risk factors in the 10-K to understand CalEthos, Inc.'s performance and potential challenges in the real estate investment trust sector.

Key Numbers

• 2023-12-31 — Fiscal Year End (Period of report)
• 2024-04-09 — Filing Date (Date of filing)
• 6798 — SIC Code (Standard Industrial Classification)
• 000-50331 — SEC File Number (SEC file number)

Key Players & Entities

• CalEthos, Inc. (company) — Filer name
• RealSource Residential, Inc (company) — Former company name
• UPSTREAM BIOSCIENCES INC. (company) — Former company name
• FORCE ENERGY CORP. (company) — Former company name
• NV (location) — State of incorporation
• TX (location) — State of business address
• Sugar Land (location) — City of business address
• 713-929-3863 (phone) — Business phone number

FAQ

Industry Context

CalEthos, Inc. operates as a Real Estate Investment Trust (REIT), a sector focused on owning, operating, or financing income-generating real estate.

Regulatory Implications

As a publicly traded company, CalEthos, Inc. is subject to the reporting requirements of the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934.

What Investors Should Do

1. Analyze the financial statements within the 10-K for revenue, expenses, assets, and liabilities.
2. Review the Management's Discussion and Analysis (MD&A) section for insights into the company's performance and outlook.
3. Examine the risk factors section to understand potential challenges and uncertainties facing CalEthos, Inc.

Key Dates

• 2024-04-09: 10-K Filing — Annual report submission for fiscal year 2023
• 2023-12-31: Fiscal Year End — End date of the reporting period

Year-Over-Year Comparison

This is the initial 10-K filing for CalEthos, Inc. for the fiscal year 2023. Previous filings may be under former company names.

Key Financial Figures

• $0.001 — ction 12(g) of the Act: Common Stock, $0.001 par value (Title of class) Indicate
• $263 billion — large and on pace to grow rapidly, from $263 billion in 2022 to over $602 billion in 2030 .
• $602 billion — idly, from $263 billion in 2022 to over $602 billion in 2030 . The industry is not only larg
• $130 — y) in the U.S. are being consummated at $130/kW/Mo. or higher vs. $65-75 just three
• $65 — onsummated at $130/kW/Mo. or higher vs. $65-75 just three years ago, and some whole
• $165 — ocation customers are paying as high as $165/kW/mo. Another key metric in the data
• $10 — he last two to four years have averaged $10 to $15 million per megawatt. However, t
• $15 million — two to four years have averaged $10 to $15 million per megawatt. However, today, because o
• $15 — re projected to be more in the range of $15 to $20 million per megawatt . As a re
• $20 million — ected to be more in the range of $15 to $20 million per megawatt . As a result of these c

Filing Documents

• form10-k.htm (10-K) — 1278KB
• ex4-1.htm (EX-4.1) — 11KB
• ex10-4.htm (EX-10.4) — 20KB
• ex10-5.htm (EX-10.5) — 83KB
• ex31-1.htm (EX-31.1) — 18KB
• ex31-2.htm (EX-31.2) — 18KB
• ex32-1.htm (EX-32.1) — 10KB
• aud_001.jpg (GRAPHIC) — 6KB
• 0001493152-24-014061.txt (&nbsp;) — 6119KB
• buuz-20231231.xsd (EX-101.SCH) — 54KB
• buuz-20231231_cal.xml (EX-101.CAL) — 49KB
• buuz-20231231_def.xml (EX-101.DEF) — 165KB
• buuz-20231231_lab.xml (EX-101.LAB) — 433KB
• buuz-20231231_pre.xml (EX-101.PRE) — 299KB
• form10-k_htm.xml (XML) — 859KB

forward-looking statements may not apply to us at certain times

forward-looking statements may not apply to us at certain times. Throughout this report, unless otherwise designated, the terms "we," "us," "our," "the Company" and "our company" refer to CalEthos, Inc., a Nevada corporation. All amounts are in U.S. Dollars, unless otherwise indicated. Item 1. Business. We are in the early stages of implementing our plan for the construction and operation of clean-energy-powered data centers to lease to large enterprise information technology (IT) customers that are creating or addressing the growing demand for AI, Cloud and High-Performance Computing (HPC) digital services. Data centers are highly-specialized and secure buildings that house networking, storage and communications technology infrastructure, including servers, storage devices, switches, routers and fiber optic transmission equipment. They are designed to provide the space, power, cooling and network connectivity necessary to efficiently operate mission-critical IT equipment. Telecommunications carriers and internet providers typically provide network access into a data center through optical fiber connections. The demand for data center infrastructure is being driven by many factors, but most importantly by significant growth in data and increased demand for data processing and storage infrastructure. The market for data center facilities includes established "traditional" enterprises that are web-enabling their applications and business processes, as well as cloud-centric companies with sophisticated technology requirements. There are many types of data centers and service models available in the marketplace. Generally, their classification depends on whether they are owned by one or many organizations, how they fit into the topology of other data centers, what technologies they use for computing and storage, and even their energy efficiency. However, there are four main types of data centers: Enterprise Data Centers. These are built, owned and operated by

View Full Filing

View this 10-K filing on SEC EDGAR