This brief reports what Atlassian's 10-K, filed 2026-03-31, states, and nothing else. Every item below is a sentence the filing contains, quoted exactly and verified character-for-character against the document fetched from EDGAR. No inference is drawn and no claim is made about what any figure means.
The figures
| Metric | Value | Period |
|---|---|---|
| Curtailment and energy sales compensation | $0.7 million | the year ended December 31, 2025 |
| Utility deposit bond premium | $14 thousand | — |
| Property insurance coverage for Bitcoin miners and infrastructure assets | $5,699,000 | — |
| Insurance coverage for Bitcoin miners | $50,000 | — |
| Aggregate intrinsic value of the outstanding common stock warrants | $3.2 million | December 31, 2025 |
| Aggregate intrinsic value of the outstanding common stock warrants | nil | December 31, 2024 |
| Remaining weighted average life of the warrants | 3.75 years | December 31, 2025 |
| Remaining weighted average life of the warrants | 4.07 years | December 31, 2024 |
| Warrants exercisable to purchase common stock | 36,630,689 shares | December 31, 2025 |
| Warrants that were unvested | no warrants | December 31, 2025 |
| Stock compensation expense recognized related to stock options | $0.7 million | year ended December 31, 2025 |
| Stock compensation expense recognized related to stock options | $0.5 million | year ended December 31, 2024 |
| Unrecognized compensation cost associated with unvested stock options | $0.8 million | December 31, 2025 |
| Aggregate intrinsic value of the outstanding common stock options | nil | December 31, 2025 |
| Aggregate intrinsic value of the outstanding common stock options | nil | December 31, 2024 |
| Remaining weighted average life of the options | 8.83 years | December 31, 2025 |
| Remaining weighted average life of the options | 8.1 years | December 31, 2024 |
Every figure above is quoted from the filing; the sentence it was read from appears under its beat below.
The evidence, by beat
seat vs consumption / usage-based pricing mix shift
We received $0.7 million of compensation related to curtailment and energy sales during the year ended December 31, 2025 which is recorded as “Curtailment and energy sales” in the consolidated statements of operations.
There were no curtailment and energy sales in the year ended December 31, 2024.
The Company pays an annual premium of $14 thousand for the utility deposit bond and the cost of the bond is amortized ratably over the twelve month coverage period.
The Company has a “Will Serve agreement” with the local energy company that provides credits based on amount of electricity provided and based on reducing power consumption upon peak demand times.
competitive displacement / win-loss / platform consolidation
We have property insurance coverage for our Bitcoin miners and infrastructure assets under an insurance program for a total of $5,699,000 in limits.
This insurance coverage covers all the Company’s Bitcoin miners with a deductible of $50,000 or 5%, whichever is greater, with a $150,000 minimum and pertains to fire, water damage, water intrusion, named storms, wind, or hail.
We do not maintain business interruption coverage, which is currently
To our knowledge there has been no security breach or incident, unauthorized access or disclosure, or other compromise of or relating to the Company or its subsidiaries hard wallets, cold wallets, information technology and computer systems, networks, hardware, 7 software, data and databases, equipment or technology.
We are presently in material compliance with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or governmental or regulatory authority, internal policies and contractual obligations relating to the privacy and security of IT systems and data and to the protection of such IT systems and data from unauthorized use, access, misappropriation or modification.
The majority of our mining facilities are located in Mississippi and Oklahoma, which we believe currently has some of the most favorable regulatory environments for cryptocurrency miners.
Cryptocurrency mining is largely an unregulated activity at both the state and federal level.
We do not currently hold any patents or patent applications in connection with our Bitcoin mining related operations or our specialty finance business.
guidance raised/cut, outlook change
The aggregate intrinsic value of the outstanding common stock warrants as of December 31, 2025 and 2024 was approximately $3.2 million and nil.
The aggregate intrinsic value of the outstanding common stock warrants as of December 31, 2025 and 2024 was approximately $3.2 million and nil.
The remaining weighted average life of the warrants as of December 31, 2025 and 2024 was 3.75 years and 4.07 years.
The remaining weighted average life of the warrants as of December 31, 2025 and 2024 was 3.75 years and 4.07 years.
As of December 31, 2025, there were warrants exercisable to purchase 36,630,689 shares of common stock in the Company and there were no warrants that were unvested.
As of December 31, 2025, there were warrants exercisable to purchase 36,630,689 shares of common stock in the Company and there were no warrants that were unvested.
Stock compensation expense recognized for the year ended December 31, 2025 and 2024 related to stock options was approximately $0.7 million and $0.5 million, respectively.
Stock compensation expense recognized for the year ended December 31, 2025 and 2024 related to stock options was approximately $0.7 million and $0.5 million, respectively.
There was $0.8 million of unrecognized compensation cost associated with unvested stock options remaining as of December 31, 2025.
The aggregate intrinsic value of the outstanding common stock options as of December 31, 2025 and December 31, 2024 was nil.
The aggregate intrinsic value of the outstanding common stock options as of December 31, 2025 and December 31, 2024 was nil.
The remaining weighted average life of the options as of December 31, 2025 and 2024 was approximately 8.83 years and 8.1 years, respectively.
The remaining weighted average life of the options as of December 31, 2025 and 2024 was approximately 8.83 years and 8.1 years, respectively.
cost action / restructuring / headcount
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
Verification ledger
- 25 statements proposed by the extractor
- 25 verified verbatim against the fetched filing (100%)
- 0 discarded — not quotable character-for-character
The verbatim check contains no model: the extractor proposes a statement, and a deterministic substring match against the fetched text decides whether it is admissible. A proposal that does not verify is dropped.
This brief publishes no inference and no synthesis. The publication's inference layer must clear a measured second-lab confirmation threshold before it may appear; it has not, so it is absent by rule rather than by omission.