CleanSpark, Inc. (NASDAQ:CLSK) Q2 2023 Earnings Conference Call May 10, 2023 4:30 PM ET
Company Participants
Isaac Holyoak - Chief Communications Officer
Zach Bradford - CEO
Gary Vecchiarelli - CFO
Conference Call Participants
Mike Colonnese - H.C. Wainwright
Will Carlson - Cantor Fitzgerald
Greg Lewis - BTIG
Operator
Good afternoon, my name is Jean-Louis and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. [Operator Instructions] Thank you.
At this time, I would like to turn the floor over to Isaac Holyoak, Chief Communications Officer. Go ahead, sir.
Isaac Holyoak
Thanks, JL and thank you for joining us today for CleanSpark's Fiscal Second Quarter Financial Results Call, covering the period January 1 2023 through March 31st, 2023. Our press release was issued about 30 minutes ago and is available on our website at www.cleanspark.com forward/investors.
Today's call is also being webcast and a replay and transcript will be available on our website. I'm here with Zach Bradford, our Chief Executive Officer and Gary Vecchiarelli, our Chief Financial Officer.
Keep in mind that some of the statements we make today are forward-looking and based on our best view of the world and our businesses as we see them today. As described in our SEC filings and on our website, those elements may change as the world changes. We will also discuss certain non-GAAP financial measures concerning our performance during toady's call. You can find the reconciliation of GAAP financial measures in our press release which is available on our website.
It is now my pleasure to turn the call over to Zach.
Zach Bradford
Thank you, Isaac. Good afternoon and welcome to our second quarter earnings presentation. Thank you for joining us to learn more about how this quarter has positioned us to reach our yearend target of 16 exahash per second, which I add, we've been making noteworthy progress towards.
The Washington expansion is well on its way to being fully operational, the land at Sandersville has been leveled and prepared for construction and we've acquired 99% of the machines either under contract or in-transit that we need to fill both of these facilities. It has been a quarter of execution. The work ahead of us is about fulfilling the existing commitments we made to you shareholders, as we grow quickly and mindfully in preparation for halving next spring.