Form 8-K

8-K — Core Scientific, Inc./tx

Accession: 0001628280-26-031246

Filed: 2026-05-06

Period: 2026-05-06

CIK: 0001839341

SIC: 6199 (FINANCE SERVICES)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — core-20260506.htm (Primary)

EX-99.1 (q12026corescientificinc-ea.htm)

EX-99.2 (q1fy26earningsdeck.htm)

GRAPHIC (image.jpg)

GRAPHIC (image1.jpg)

GRAPHIC (link2.jpg)

GRAPHIC (q1fy26earningsdeck001.jpg)

GRAPHIC (q1fy26earningsdeck002.jpg)

GRAPHIC (q1fy26earningsdeck003.jpg)

GRAPHIC (q1fy26earningsdeck004.jpg)

GRAPHIC (q1fy26earningsdeck005.jpg)

GRAPHIC (q1fy26earningsdeck006.jpg)

GRAPHIC (q1fy26earningsdeck007.jpg)

GRAPHIC (q1fy26earningsdeck008.jpg)

GRAPHIC (q1fy26earningsdeck009.jpg)

GRAPHIC (q1fy26earningsdeck010.jpg)

GRAPHIC (q1fy26earningsdeck011.jpg)

GRAPHIC (q1fy26earningsdeck012.jpg)

GRAPHIC (q1fy26earningsdeck013.jpg)

GRAPHIC (q1fy26earningsdeck014.jpg)

GRAPHIC (q1fy26earningsdeck015.jpg)

GRAPHIC (q1fy26earningsdeck016.jpg)

GRAPHIC (q1fy26earningsdeck017.jpg)

GRAPHIC (twitterimage.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: core-20260506.htm · Sequence: 1

core-20260506

0001839341FALSECore Scientific, Inc./tx838 Walker RoadSuite 21-2105DoverDelaware00018393412026-05-062026-05-060001839341us-gaap:CommonStockMember2026-05-062026-05-060001839341core:WarrantExercisePriceOf6.81PerShareMember2026-05-062026-05-060001839341core:WarrantExercisePriceOf0.01PerShareMember2026-05-062026-05-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

Core Scientific, Inc.

(Exact name of registrant as specified in its charter)

Delaware 001-40046 86-1243837

(State or other jurisdiction

of incorporation) (Commission

File Number) (IRS Employer

Identification No.)

838 Walker Road, Suite 21-2105

Dover, Delaware

19904

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (512) 402-5233

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common stock, par value $0.00001 per share

CORZ

The Nasdaq Global Select Market

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $6.81 per share

CORZW

The Nasdaq Global Select Market

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $0.01 per share

CORZZ

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On May 6, 2026, the Company issued a press release announcing its financial results for the first fiscal quarter ended March 31, 2026. A copy of the press release is furnished hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 7.01 Regulation FD Disclosure

The information contained in Item 2.02 is incorporated herein by reference.

The information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statement and Exhibits

(d) Exhibits:

Exhibit

No. Description

99.1

Press Release dated May 6, 2026

99.2

Company Presentation dated May 6, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Core Scientific, Inc.

Dated: May 6, 2026

By: /s/ Todd M. DuChene

Name: Todd M. DuChene

Title: Chief Legal Officer and Chief Administrative Officer

EX-99.1

Filename: q12026corescientificinc-ea.htm · Sequence: 2

Document

Core Scientific Announces First Quarter Fiscal Year 2026 Results

Recent Developments

•Strengthened the capital structure through today’s closing of a $3.3 billion offering of 7.75% senior secured notes due 2031, supporting strategic data center development projects.

•Expanded the Company’s total gross power capacity pipeline to 4.5 GW, including planned 1.5 GW expansions at each of the Company’s Muskogee, Oklahoma and Pecos, Texas campuses.

•Closed on the acquisiton of land and power in Hunt County, Texas for approximately $233 million, which is expected to support ~430 MW of gross power capacity, with an approved ERCOT interconnection ramp schedule.

•Billing for 243 MW of capacity, representing approximately $350 million in average annualized colocation GAAP revenue.

AUSTIN, Texas, May 6, 2026 - Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the first quarter of 2026.

“Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said Adam Sullivan, Chief Executive Officer of Core Scientific. “We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites. That execution capability is accelerating customer discussions and reinforcing the value of our high-density compute infrastructure platform.”

First Quarter 2026 Financial Results

•Total revenue was $115.2 million compared to $79.5 million in the first quarter of 2025.

◦Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable customer power capacity delivered to our customer during the quarter.

◦Digital asset self-mining revenue was $30.1 million, down from $67.2 million in the first quarter of 2025, driven by the 45% decrease in bitcoin mined primarily due to the continued strategic shift to our colocation business and the 18% decrease in the average bitcoin price.

•Gross profit was $30.1 million compared to $8.2 million in the same period last year.

•Net loss was $347.2 million, compared to net income of $576.3 million in the first quarter of 2025. The net loss included $266.5 million of non-cash impairment charges, and a $30.8 million non-cash loss from changes in the fair value of warrants and contingent value rights.

•Non-GAAP Adjusted EBITDA was $4.4 million, compared to $(6.1) million for the prior year period, driven by a $35.7 million increase in total revenue and a $4.1 million favorable change in fair value of digital assets, partially offset by a $17.5 million increase in cash cost of revenue and a $11.9 million increase in adjusted operating expenses.

•Capital expenditures were $389.2 million, $129.9 million of which were funded by CoreWeave, Inc. pursuant to its existing colocation service agreements with the Company.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 2

•Liquidity was $1.04 billion as of March 31, 2026, consisting of $1.01 billion of cash and cash equivalents and $37.3 million of bitcoin.

Conference Call and Earnings Presentation

In conjunction with this release, Core Scientific, Inc. will host a conference call today, Wednesday, May 6, 2026, at 4:30 pm Eastern Time that will be webcast live. Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer and Jon Charbonneau,Vice President, Investor Relations will host the call.

Investors with Internet access may listen to the live audio webcast via the Investor Relations page of the Core Scientific, Inc. website, http://investors.corescientific.com or by using the following link https://event.choruscall.com/mediaframe/webcast.html?webcastid=VZaoQ5yv.

A supplementary investor presentation for the first quarter 2026 may be accessed at https://investors.corescientific.com/news-events/presentations.

Audio Replay

An audio replay of the event will be archived on the Investor Relations section of the Company's website at http://investors.corescientific.com.

Upcoming Investor Events

Core Scientific will be attending the following investor events in May:

•TD Cowen 54th Annual Technology, Media & Telecom Conference, May 28, 2026; and

•B. Riley Annual Investor Conference, May 20, 2026

If applicable, live presentation webcasts and replay information will be available on the Company’s Investor Relations website.

About Core Scientific

Core Scientific is a leader in designing, building and operating large scale, purpose-built data centers for high-density colocation (“HDC”) services. Core Scientific operates facilities for high-density colocation services serving artificial intelligence-related (“AI”) workloads and is a premier provider of digital infrastructure, software solutions and services to its third-party customers. The majority of the Company's revenue is derived from high-density colocation services, with the remainder derived from earning digital assets for the Company's own account and from digital asset mining hosting services. The Company is in the process of repurposing its remaining mining facilities to support its high-density colocation services business as circumstances allow. Core Scientific’s facilities are located in Alabama (1), Georgia (2), Kentucky (1), North Carolina (1), North Dakota (1), Oklahoma (1) and Texas (4). To learn more, visit www.corescientific.com.

Special Note Regarding Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”). Forward-looking statements may include words such as “aim,” “estimate,”

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 3

“plan,” “project,” “forecast,” “goal,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, successfully complete construction of its data centers, source sufficient electrical energy, necessary long lead infrastructure components, supplies and equipment, the advantages and expected growth of the Company, the Company’s ability to source and retain talent, and our ability to source and consummate acquisitions of entities holding suitable land and power. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company.

These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions, known or unknown, that could cause actual results to vary materially from those indicated or anticipated. These risks, assumptions and uncertainties include those described in Part I. Item 1A. — “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. If one or more of these risks or uncertainties materializes, or if underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements.

There may be additional risks that the Company could not presently know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release and should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date they are made.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 4

Core Scientific, Inc.

Condensed Consolidated Balance Sheets

(in thousands, except par value)

March 31,

2026 December 31,

2025

Assets

Current Assets:

Cash and cash equivalents $ 1,005,148 $ 311,378

Restricted cash, current portion

60,244 —

Digital assets 37,312 222,000

Customer funding receivable and other current assets

352,128 362,159

Total Current Assets 1,454,832 895,537

Property, plant and equipment, net 1,344,924 1,293,299

Operating lease right-of-use assets 105,986 108,484

Restricted cash, net of current portion

80,593 —

Other noncurrent assets 83,229 50,324

Total Assets $ 3,069,564 $ 2,347,644

Liabilities and Stockholders’ Deficit

Current Liabilities:

Accounts payable $ 218,857 $ 126,106

Accrued expenses 364,479 511,957

Deferred revenue 219,555 127,561

Notes payable, current portion 993,944 —

Warrant liabilities, current portion

844,752 —

Other current liabilities

20,196 15,777

Total Current Liabilities 2,661,783 781,401

Convertible and other notes payable, net of current portion 1,061,651 1,060,325

Warrant liabilities, net of current portion

116,495 936,107

Deferred revenue, net of current portion 434,672 428,290

Other noncurrent liabilities 100,649 104,261

Total Liabilities 4,375,250 3,310,384

Commitments and contingencies

Stockholders’ Deficit:

Preferred stock; $0.00001 par value; 2,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025

— —

Common stock; $0.00001 par value; 10,000,000 shares authorized at March 31, 2026 and December 31, 2025; 316,949 and 314,231 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively

3 3

Additional paid-in capital 3,188,202 3,183,960

Accumulated deficit (4,493,891) (4,146,703)

Total Stockholders’ Deficit (1,305,686) (962,740)

Total Liabilities and Stockholders’ Deficit $ 3,069,564 $ 2,347,644

Certain prior year amounts have been reclassified for consistency with the current year presentation.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 5

Core Scientific, Inc.

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

(Unaudited)

Three Months Ended March 31,

2026 2025

Revenue:

Colocation revenue

$ 77,539 $ 8,573

Digital asset self-mining revenue

30,105 67,179

Digital asset hosted mining revenue from customers

7,600 3,773

Total revenue

115,244 — 79,525

Cost of revenue:

Cost of Colocation services

33,618 8,106

Cost of digital asset self-mining

47,189 61,170

Cost of digital asset hosted mining services

4,331 2,036

Total cost of revenue

85,138 — 71,312

Gross profit

30,106 8,213

Decrease in fair value of digital assets

6,558 10,688

Loss on disposal of property, plant and equipment

13,638 6

Impairment of property, plant and equipment

266,488 —

Colocation organizational and site startup costs 8,665 11,667

Advisor fees 333 603

Selling, general and administrative

44,846 32,287

Operating loss

(310,422) (47,038)

Non-operating expense (income), net:

Interest expense (income), net

4,857 (2,187)

Change in fair value of warrants and contingent value rights

30,799 (621,464)

Loss on legal settlements

500 —

Other non-operating expense, net

10 157

Total non-operating expense (income), net

36,166 (623,494)

(Loss) income before income taxes

(346,588) 576,456

Income tax expense 600 205

Net (loss) income $ (347,188) $ 576,251

Net (loss) income per share, basic

$ (1.06) $ 1.42

Net (loss) income per share, diluted

$ (1.06) $ 1.24

Weighted average shares outstanding, basic

322,911 315,186

Weighted average shares outstanding, diluted

322,911 363,314

Certain prior year amounts have been reclassified for consistency with the current year presentation.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 6

Core Scientific, Inc.

Condensed Consolidated Statements of Cash Flows

(in thousands) (Unaudited)

Three Months Ended March 31,

2026 2025

Cash flows from Operating Activities:

Net (loss) income

$ (347,188) $ 576,251

Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:

Depreciation and amortization 16,648 19,731

Loss on disposal of property, plant and equipment

13,638 6

Impairment of property, plant and equipment

266,488 —

Change in right-of-use assets

3,169 2,676

Stock-based compensation 17,761 16,185

Digital asset self-mining

(30,119) (67,441)

Proceeds from sale of digital assets generated by self-mining revenues1

208,249 —

Decrease in fair value of digital assets

6,558 10,688

Change in fair value of warrant liabilities 31,835 (634,280)

Change in fair value of contingent value rights (1,036) 12,816

Amortization of debt discount 1,675 1,732

Changes in operating assets and liabilities:

Customer funding receivable and other current assets

10,107 (10,463)

Accounts payable 5,874 (14,295)

Accrued expenses

(16,361) 2,712

Deferred revenue from colocation services 98,832 42,005

Deferred revenue from hosted mining services (456) 734

Other noncurrent assets and liabilities, net (35,797) (4,098)

Net cash provided by (used in) operating activities

249,877 (45,041)

Cash flows from Investing Activities:

Purchases of property, plant and equipment (389,226) (83,980)

Proceeds from sales of property and equipment 2,629 —

Purchase of equity investments — (5,000)

Investments in intangible assets (55) (36)

Net cash used in investing activities (386,652) (89,016)

Cash flows from Financing Activities:

Principal repayments of finance leases (1,095) (509)

Principal payments on debt — (3,955)

Taxes paid related to net share settlement of equity awards (21,722) —

Proceeds from exercise of warrants 81 266

Proceeds for the issuance of term loan facility, net 995,000 —

Issuance costs for term loan facility (882) —

Net cash provided by (used in) financing activities

971,382 (4,198)

Net increase (decrease) in cash, cash equivalents and restricted cash

834,607 (138,255)

Cash, cash equivalents and restricted cash—beginning of period 311,378 836,980

Cash, cash equivalents and restricted cash—end of period $ 1,145,985 $ 698,725

Certain prior year amounts have been reclassified for consistency with the current year presentation.

1 Proceeds from digital assets received as noncash revenue consideration liquidated upon management’s discretion.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 7

Core Scientific, Inc.

Segment Results

(in thousands, except percentages)

(Unaudited)

Three Months Ended March 31,

2026 2025

Colocation Segment (in thousands, except percentages)

Colocation revenue:

License fees $ 59,195 $ 5,995

Power fees passed through to customer 21,059 2,586

Maintenance and other (2,715) (8)

Total colocation revenue 77,539 8,573

Cost of colocation services:

Power fees passed through to customer 21,059 2,586

Depreciation expense 2,075 67

Employee compensation 2,986 1,295

Facility operations expense 6,755 3,852

Other segment items 743 306

Total cost of colocation services 33,618 8,106

Colocation gross profit $ 43,921 $ 467

Colocation gross margin 57 % 5 %

Digital Asset Self-Mining Segment

Digital asset self-mining revenue $ 30,105 $ 67,179

Cost of digital asset self-mining:

Power fees 27,271 30,319

Depreciation expense 13,909 19,259

Employee compensation 3,527 7,335

Facility operations expense 1,972 3,280

Other segment items 510 977

Total cost of digital asset self-mining 47,189 61,170

Digital Asset Self-Mining gross profit

$ (17,084) $ 6,009

Digital Asset Self-Mining gross margin (57) % 9 %

Digital Asset Hosted Mining Segment

Digital asset hosted mining revenue from customers $ 7,600 $ 3,773

Cost of digital asset hosted mining services:

Power fees 3,303 1,367

Depreciation expense 306 145

Employee compensation 427 332

Facility operations expense 234 148

Other segment items 61 44

Total cost of digital asset hosted mining services 4,331 2,036

Digital Asset Hosted Mining gross profit $ 3,269 $ 1,737

Digital Asset Hosted Mining gross margin 43 % 46 %

Consolidated

Consolidated total revenue $ 115,244 $ 79,525

Consolidated cost of revenue $ 85,138 — $ 71,312

Consolidated gross profit $ 30,106 $ 8,213

Consolidated gross margin 26 % 10 %

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 8

Core Scientific, Inc.

Non-GAAP Financial Measures

(Unaudited)

Adjusted EBITDA is a non-GAAP financial measure defined as our net (loss) income, adjusted to eliminate the effect of (i) interest income, interest expense, and other income (expense), net; (ii) provision for income taxes; (iii) depreciation and amortization; (iv) stock-based compensation expense; (v) loss on disposal and impairment of property, plant and equipment; (vi) site demolition costs incurred in connection with the conversion of existing facilities to colocation data center operations; (vii) change in fair value of warrant and contingent value rights; (viii) loss on legal settlements; (ix) post-emergence bankruptcy advisory costs incurred related to reorganization, and (x) certain additional non-cash items that do not reflect the performance of our ongoing business operations. For additional information, including the reconciliation of net income (loss) to Adjusted EBITDA, please refer to the table below. We believe Adjusted EBITDA is an important measure because it allows management, investors, and our Board of Directors to evaluate and compare our operating results, including our return on capital and operating efficiencies, from period-to-period by making the adjustments described above. In addition, it provides useful information to investors and others in understanding and evaluating our results of operations, as well as provides a useful measure for period-to-period comparisons of our business, as it removes the effect of net interest expense, taxes, certain non-cash items, variable charges and timing differences. Moreover, we have included Adjusted EBITDA in this earnings release because it is a key measurement used by our management internally to make operating decisions, including those related to operating expenses, evaluate performance, and perform strategic and financial planning.

The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature or because the amount and timing of these items are not related to the current results of our core business operations which renders evaluation of our current performance, comparisons of performance between periods and comparisons of our current performance with our competitors less meaningful. However, you should be aware that when evaluating Adjusted EBITDA, we may incur future expenses similar to those excluded when calculating this measure. Our presentation of this measure should not be construed as an inference that its future results will be unaffected by unusual items. Further, this non-GAAP financial measure should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). We compensate for these limitations by relying primarily on GAAP results and using Adjusted EBITDA on a supplemental basis. Our computation of Adjusted EBITDA may not be comparable to other similarly titled measures computed by other companies because not all companies calculate this measure in the same fashion. You should review the reconciliation of net (loss) income to Adjusted EBITDA below and not rely on any single financial measure to evaluate our business.

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 9

The following table reconciles the non-GAAP financial measure to the most directly comparable U.S. GAAP financial performance measure, which is net (loss) income, for the periods presented (in thousands):

Three Months Ended March 31,

2026 2025

Adjusted EBITDA

Net (loss) income $ (347,188) $ 576,251

Adjustments:

Interest expense (income), net

4,857 (2,187)

Income tax expense 600 205

Depreciation and amortization 16,553 19,731

Stock-based compensation expense 17,761 16,185

Loss on disposal of property, plant and equipment

13,638 6

Impairment of property, plant and equipment

266,488 —

Site conversion demolition costs

— 4,442

Change in fair value of warrants and contingent value rights

30,799 (621,464)

Loss on legal settlements

500 —

Post-emergence bankruptcy advisory costs 317 603

Other

27 157

Adjusted EBITDA $ 4,352 $ (6,071)

-more-

Core Scientific, Inc. First Quarter 2026 Earnings Release - 10

/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Please follow us on:

https://www.linkedin.com/company/corescientific/

https://twitter.com/core_scientific

https://www.youtube.com/@Core_Scientific

CONTACTS

Investors:

ir@corescientific.com

Media:

press@corescientific.com

-end-

EX-99.2

Filename: q1fy26earningsdeck.htm · Sequence: 3

q1fy26earningsdeck

First Quarter Fiscal 2026 Earnings Call May 6, 2026 1

FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”). Forward-looking statements may include words such as “aim,” “estimate,” “plan,” “project,” “forecast,” “goal,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, successfully complete construction of its data centers, source sufficient electrical energy, necessary long lead infrastructure components, supplies and equipment, the advantages and expected growth of the Company, the Company’s ability to source and retain talent, and our ability to source and consummate acquisitions of entities holding suitable land and power. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this presentation, and on the current expectations of the Company’s management. These forward- looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions, known or unknown, that could cause actual results to vary materially from those indicated or anticipated. These risks, assumptions and uncertainties include those described in Part I. Item 1A. — “Risk Factors” of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. If one or more of these risks or uncertainties materializes, or if underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. There may be additional risks that the Company could not presently know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release and should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. 2

3 Core Scientific Overview Core Scientific is a leader in digital infrastructure for high-density colocation (“HDC”) services. We operate dedicated, purpose-built facilities for high-density colocation services serving artificial intelligence-related (“AI”) workloads and are a premier provider of digital infrastructure, software solutions and services to our third-party customers. Core Scientific is in the process of repurposing its remaining mining facilities to support its HDC services business as circumstances allow. FULLY DILUTED MARKET CAP* 7 STATES ~3.0 GW $10B+ IN TOTAL LEASABLE CUSTOMER POWER PIPELINE IN CONTRACTED REVENUE ACROSS OUR FOOTPRINT *Based on stock price as of May 5, 2026, close and fully diluted share count of ~505 million $11.2B

4 Integrated Colocation Platform Site & Infrastructure Access Delivery & Build Execution Operations & Scalable Growth 1 Identify, evaluate, and secure sites with available power, strong network access, and room to expand for high-density operations. Find & Secure Sites 2 Partner with utilities and local leaders to align infrastructure development with grid capacity and community planning. Work with Key Partners 3 Plan, secure, and deliver scalable power capacity required to support AI and other high- density workloads. Secure & Deliver Power 4 Install fiber cabling and secure required carrier services to deliver high-capacity connectivity at each site. Deliver Fiber & Network Access 5 Translate customer requirements into tailored designs that keep cost and delivery timelines predictable. Design & Engineer 6 Secure long-lead equipment through established global supply chain partners. Source & Procure Critical Equipment 7 Build, commission, and deploy high-density infrastructure with disciplined execution to reduce risk and accelerate delivery. Construct & Deploy 8 Operate and maintain infrastructure around the clock with on-site teams, real-time monitoring, and preventive maintenance. Operate & Maintain 9 Expand power, space, and density across campuses and new phases without disrupting active operations. Scale & Expand

5 Over 1 GW of Announced Leasable Power Capacity Denton, TX Leased power: ~260MW Bold and underlined numbers indicate updates to leasable power disclosed on March 2, 2026 Numbers as of May 6, 2026 *Does not include potential power capacity in behind-the-meter solutions or load studies 1. The Polaris DS LLC transaction, subject to customary regulatory approvals and closing conditions, is expected to close in the third quarter of 2026. Dalton, GA Leased power: ~175MW Muskogee, OK Leased power: ~70MW Marble, NC Leased power: ~65MW Austin, TX Leased power: ~20MW Hunt County, TX Leasable power: ~285MW Pecos, TX Leasable power: ~200MW Dalton, GA Leasable power: ~120MW Calvert City, KY Leasable power: ~100MW Grand Forks, ND Leasable power: ~70MW Dallas Atlanta contracted sites Customer leasable sites* Total leased power ~590 MW Auburn, AL Leasable power: ~30MW Leasable power ~1.1 GW Muskogee, OK Leasable power: ~330MW 1

6 Total Leasable Power Pipeline* Our current power pipeline includes ~4.5 GWs of gross utility power capacity, equating to ~3.0 GWs of customer leasable power potential, including anticipated behind-the-meter power *Does not include ~590 MW of already contracted power 1. Includes Pecos, Dalton, Calvert, Grand Forks, and Auburn 2. Includes Pecos and Muskogee ~520 MW CURRENT LEASABLE CAPACITY AT EXISTING SITES 1 ~285 MW HUNT COUNTY, TX ACQUISITION ~330 MW MUSKOGEE, OK ACQUISITION ~370 MW UNANNOUNCED LEASABLE CUSTOMER POWER OPPORTUNITIES ~1.5 GW GRID CONNECTED LEASABLE CUSTOMER POWER PIPELINE ~900 MW BEHIND-THE-METER (BTM) LEASABLE CUSTOMER POWER EXPANSION OPPORTUNITY 2 GRID CONNECTED + BTM LEASABLE CUSTOMER POWER PIPELINE ~2.4 GW ~3.0 GW~600 MW LEASABLE CUSTOMER POWER EXPANSION OPPORTUNITY CURRENTLY IN LOAD STUDY TOTAL LEASABLE CUSTOMER POWER PIPELINE

Investment Highlights Established expertise 150+ years of combined data center leadership experience Attractive business model Demand & growth visibility A leading North American AI compute infrastructure developer in the last decade 5+ years owning data centers with dedicated tier III GPU hosting abilities Colocation contracts deliver compelling economics and strong margins Strong balance sheet provides flexibility for strategic opportunities Robust sales pipeline with a mix of hyperscale and non- hyperscale customers 12-year, $10B+ CoreWeave contract, ~$850M average annualized colocation GAAP revenue 1 Energized as many MWs as the rest of publicly traded peers combined in 2025 2 ~1.5 GW in leasable power pipeline and ~3.0 GW including load studies & behind-the-meter power 7 * 1. Revenues from CoreWeave contract are paid directly into a lockbox tied to the $3.3 billion senior secured notes due 2031 2. Peers include TeraWulf, Cipher, Galaxy, Applied Digital, Hut 8, Iren

8 Pecos, TX & Muskogee, OK Planned Expansions Pecos, TX Anticipated Power Details ~300 MW CURRENT AVAILABLE POWER ~300 MW ADDITIONAL GRID- CONNECTED UTILITY POWER 1 + + Behind-the-Meter = ~1.5 GW TOTAL GROSS POWER CAPACITY POTENTIAL Muskogee, OK Anticipated Power Details ~100 MW CURRENT AVAILABLE POWER TIED TO THE COREWEAVE CONTRACT ~440 MW THROUGH THE POLARIS ACQUISITION 2 + + Behind-the-Meter & Additional Grid Connected Power 3 = ~1.5 GW TOTAL GROSS POWER CAPACITY POTENTIAL 1. Confirmed with utility; allocation timing is to be determined. 2. The Polaris DS LLC transaction, subject to customary regulatory approvals and closing conditions, is expected to close in the third quarter of 2026. Expect initial power delivery in late 2027. 3. Additional grid connected power currently in load study

9 Behind-the-Meter Key site attributes Due to congested interconnection queues and high upfront collateral required by utilities, behind-the-meter is a strategic and targeted solution to provide the power to meet customer demand. Natural gas source Land Air permit area Friendly regulatory environment Timing ~24 months to come online, generally faster than waiting for grid-interconnection queues Cost Does not greatly impact cost / MW, PPA structured deals mitigate the capital required to build out through the pass through of power costs

10 Financing and CapEx Overview Recently Secured Financing Senior Secured Notes $3.3B 7.750% Rate 2031 Due ~$2.2B has the ability to enable the build of: Key Highlights: • Enables repayment of $1.0 billion 364-day term loan • Fund ongoing pipeline development capital needs • Secure LLE purchases to accelerate pipeline RFS dates • Flexibility to fund new site acquisitions, such as Hunt County, TX and Polaris in Muskogee, OK ✓ ✓ ✓ ~1GW of leasable capacity 1. Net of OID, fees, and funding of DSRA 2. 2026 CapEx plan of ~$2B, as of May 6, 2026, assumes no new customer contract. CapEx expectations may change based on the timing of the new customer contract. ~$2.9B Net Proceeds1 20% cash outlay ~$11M build cost per MW = ~$11B total build cost for 1 GW $2.2B represents the initial cash outlay, the remaining 80% would give a total project value of $11B ✓ Illustrative Uses of Proceeds Net Proceeds: ~$2.9B New Site Acquisitions: ($700–900M) Remaining Development Equity: ~$2.0–2.2B Leveraged at 80% project finance LTC Supports ~1 GW+ of new capacity development ~$2B 2026 capex2

CoreWeave Relationship Overview 11

12 CoreWeave is contracted for ~590 MW of leased customer power capacity across 5 of our sites Denton, TX Leased power: ~260MW Full completion on track for midyear Dalton, GA Leased power: ~175MW Delivered Phase 1, a 30 MW site. Full completion on track for early 2027 Muskogee, OK Leased power: ~70MW On track for midyear delivery Marble, NC Leased power: ~65MW Fully handed over to customer Austin, TX Leased power: ~20MW Fully handed over to customer Total leased power ~590 MW

13 Contract Summary ~590MW infrastructure ~800MW gross $10B+ in revenue potential over the contracts’ term ~$850M average annualized colocation GAAP revenue 1 No ability to unilaterally terminate, with aligned joint execution risk Take-or-pay contract at a fixed cost, with annual escalator Client pays for capex 4, power, and utilities 1. Represents the estimated average annual revenue over the 12-year contract periods; Austin, Texas contract term is a 7-year period. 2. Expenses include facilities operations, repairs & maintenance, security, FTEs, insurance, property taxes, etc. 3. Austin, Texas contract term is 7 years with elective extensions. 4. Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid. The balance of modification costs relate to items purchased directly by CoreWeave and contributed for use in the facility. For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell with no capex credit associated with this new agreement. 12-year contract with two 5-year options 3 80% to 85% anticipated profit margin 2 Hold liens on data center infrastructure assets (excluding GPUs)

14 Appendix

15 Term Library Term Definition How management uses it Gross Utility Power Capacity (MW) Total electric utility power capacity agreements associated with our data center sites under our control as of period end, including capacity that is commissioned for future use. Used for portfolio planning and utility power allocation discussions. Total Leasable Customer Power Capacity (MW) Our estimate of the total non-redundant customer IT load that our data center sites could support in the aggregate as of period end, regardless of whether such capacity has been contracted with customers or remains available for sale. This metric is representative of the amount of power available for customer use in servicing their workloads. Used to assess total customer-usable IT load available for leasing, evaluate leased versus unleased capacity, and plan conversion/development sequencing and sales capacity. Leased Customer Power Capacity (MW) Power capacity that is committed to customers under executed customer contracts, regardless of whether service has commenced as of period end. Used to monitor signed customer commitments and contracted backlog and to plan future deployment/commissioning requirements. Unleased Customer Power Capacity (MW) The portion of Total Leasable Customer Power not committed under customer contracts as of period end. This metric is calculated as Total Leasable Customer Power minus Leased Customer Power Capacity. Used to monitor remaining uncommitted customer IT load and to prioritize incremental contracting and conversion/commissioning plans. Billable Customer Power Capacity (MW) Portion of Leased Customer Power Capacity for which service has commenced, and we are actively billing as of period end. Used to monitor in-service customer power that is billing and to track deployment/commissioning pace and near-term revenue ramp.

16 Pro Forma Share Count as of May 1, 2026 318 97 7 13 42 28 505 Sharecount @ May 1, 2026 Tranche 1 Warrants Tranche 2 Warrants Restricted Stock and Performance Based Units August 2024 Convertible Note December 2024 Convertible Note Total Pro Forma Diluted Share Count Million shares ~187M shares

Contact ir@corescientific.com 17

GRAPHIC

Filename: image.jpg · Sequence: 8

Binary file (6176 bytes)

Download image.jpg

GRAPHIC

Filename: image1.jpg · Sequence: 9

Binary file (1162 bytes)

Download image1.jpg

GRAPHIC

Filename: link2.jpg · Sequence: 10

Binary file (39425 bytes)

Download link2.jpg

GRAPHIC

Filename: q1fy26earningsdeck001.jpg · Sequence: 11

Binary file (43354 bytes)

Download q1fy26earningsdeck001.jpg

GRAPHIC

Filename: q1fy26earningsdeck002.jpg · Sequence: 12

Binary file (171112 bytes)

Download q1fy26earningsdeck002.jpg

GRAPHIC

Filename: q1fy26earningsdeck003.jpg · Sequence: 13

Binary file (140398 bytes)

Download q1fy26earningsdeck003.jpg

GRAPHIC

Filename: q1fy26earningsdeck004.jpg · Sequence: 14

Binary file (97408 bytes)

Download q1fy26earningsdeck004.jpg

GRAPHIC

Filename: q1fy26earningsdeck005.jpg · Sequence: 15

Binary file (122376 bytes)

Download q1fy26earningsdeck005.jpg

GRAPHIC

Filename: q1fy26earningsdeck006.jpg · Sequence: 16

Binary file (91695 bytes)

Download q1fy26earningsdeck006.jpg

GRAPHIC

Filename: q1fy26earningsdeck007.jpg · Sequence: 17

Binary file (129976 bytes)

Download q1fy26earningsdeck007.jpg

GRAPHIC

Filename: q1fy26earningsdeck008.jpg · Sequence: 18

Binary file (114862 bytes)

Download q1fy26earningsdeck008.jpg

GRAPHIC

Filename: q1fy26earningsdeck009.jpg · Sequence: 19

Binary file (73806 bytes)

Download q1fy26earningsdeck009.jpg

GRAPHIC

Filename: q1fy26earningsdeck010.jpg · Sequence: 20

Binary file (103321 bytes)

Download q1fy26earningsdeck010.jpg

GRAPHIC

Filename: q1fy26earningsdeck011.jpg · Sequence: 21

Binary file (39326 bytes)

Download q1fy26earningsdeck011.jpg

GRAPHIC

Filename: q1fy26earningsdeck012.jpg · Sequence: 22

Binary file (103150 bytes)

Download q1fy26earningsdeck012.jpg

GRAPHIC

Filename: q1fy26earningsdeck013.jpg · Sequence: 23

Binary file (95169 bytes)

Download q1fy26earningsdeck013.jpg

GRAPHIC

Filename: q1fy26earningsdeck014.jpg · Sequence: 24

Binary file (32309 bytes)

Download q1fy26earningsdeck014.jpg

GRAPHIC

Filename: q1fy26earningsdeck015.jpg · Sequence: 25

Binary file (121305 bytes)

Download q1fy26earningsdeck015.jpg

GRAPHIC

Filename: q1fy26earningsdeck016.jpg · Sequence: 26

Binary file (55159 bytes)

Download q1fy26earningsdeck016.jpg

GRAPHIC

Filename: q1fy26earningsdeck017.jpg · Sequence: 27

Binary file (41492 bytes)

Download q1fy26earningsdeck017.jpg

GRAPHIC

Filename: twitterimage.jpg · Sequence: 28

Binary file (5977 bytes)

Download twitterimage.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 30

v3.26.1

Cover

May 06, 2026

Document Information [Line Items]

Document Type

8-K

Document Period End Date

May 06, 2026

Entity Registrant Name

Core Scientific, Inc./tx

Entity Incorporation, State or Country Code

Entity File Number

001-40046

Entity Tax Identification Number

86-1243837

Entity Address, Address Line One

838 Walker Road

Entity Address, Address Line Two

Suite 21-2105

Entity Address, City or Town

Dover

Entity Address, State or Province

Entity Address, Postal Zip Code

19904

City Area Code

512

Local Phone Number

402-5233

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0001839341

Amendment Flag

false

Common stock, par value $0.00001 per share

Document Information [Line Items]

Title of 12(b) Security

Common stock, par value $0.00001 per share

Trading Symbol

CORZ

Security Exchange Name

NASDAQ

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $6.81 per share

Document Information [Line Items]

Title of 12(b) Security

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $6.81 per share

Trading Symbol

CORZW

Security Exchange Name

NASDAQ

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $0.01 per share

Document Information [Line Items]

Title of 12(b) Security

Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $0.01 per share

Trading Symbol

CORZZ

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=core_WarrantExercisePriceOf6.81PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=core_WarrantExercisePriceOf0.01PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: