POWERCOMPUTE, INC. (PWCM): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 07:00 ET
- Event date
- 2026-11-13
- Accession no.
- 0001193125-26-459251
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
PowerCompute reports Q3 2026 results, secured debt reduction and miner purchase
PowerCompute reported Q3 2026 revenue of $1.9 million and net income attributable to common shareholders of approximately $0.4 million. Bitcoin production rose 35.8% to 23.9 Bitcoin, while mining margin improved to 50.7% from 29.0% in Q2 2026. The company also disclosed repayment of its Bitcoin-backed credit facility and a cash purchase of 600 new miners.
- Q3 2026 revenue was $1.9 million, compared with $2.2 million in Q3 2025.
- Net income attributable to common shareholders was approximately $0.4 million, or $0.20 per basic and diluted share.
- Secured debt fell from approximately $19.4 million at June 30, 2026 to $1.25 million, with no Bitcoin pledged.
- In November 2026, PowerCompute purchased 600 Bitmain Antminer S21++ miners for approximately $1.0 million in cash.
earningsdebt
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | lmfa-20261113.htm |
| EX-99.1 | EX-99.1 | lmfa-ex99_1.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.