PWCM 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-08-14

• our operating losses and indebtedness could raise substantial doubt about our ability to continue as a going concern,

• our substantial indebtedness to Arch Lending under a 30-day financing arrangement and our potential inability to roll over, refinance, or otherwise repay this indebtedness at maturity on commercially reasonable terms,

• our ability to successfully execute on our strategic expansion from Bitcoin mining into high-performance computing (“HPC”) and artificial intelligence (“AI”) infrastructure services,

• our plans and expectations regarding the conversion of existing Bitcoin mining facilities to support HPC and AI workloads, including the expected timeline, cost, and scope of such conversions,

• our ability to attract and retain customers for our HPC and AI infrastructure services on commercially reasonable terms, including the negotiation of long-term contracts that generate predictable, recurring revenue,

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• the early stage of our Bitcoin mining business and our lack of operating history in such business,

• our ability to purchase defaulted consumer receivables at appropriate prices,

• our dependence upon third party law firms to service our accounts,

• changes in government regulations that affect our ability to collect sufficient amounts on our defaulted consumer Association receivables,

• the impact of class action suits and other litigation on our business or operations,

相对上期新增的文字 · 来源:10-Q · 2026-08-14

• We are not currently a party to material litigation proceedings, and we are not subject to any known material threatened legal proceedings other than described under Note 5 of our Consolidated Financial Statements included herein under the caption “Legal Proceedings.” In addition to the foregoing, w…

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• Legal Proceedings are set forth under Note 7 “Commitments and Contingencies” included in Part I, Item 1 of this Quarterly Report on Form 10-Q and are incorporated herein by reference.

相对上期新增的文字 · 来源:10-Q · 2026-08-14

• Risks Related to our High-Performance Computing and Artificial Intelligence Services Business

• Our transition to HPC and AI infrastructure services may not be successful and involves significant execution risk.

• Our strategy to expand into HPC and AI infrastructure services is subject to significant execution risk. The successful conversion of our existing mining infrastructure to HPC and AI applications requires substantial capital investment, technical expertise in data center design and operations for GP…

• We have limited operating history in HPC and AI infrastructure services.

• We have a limited operating history providing GPU-as-a-service to customers for HPC and AI applications. Our limited experience in this market, including with respect to sales, marketing, customer onboarding, service level management, and infrastructure optimization for GPU-intensive workloads, may …