On February 15, 2026, Ekso Bionics Holdings, Inc. entered into a Contribution and Exchange Agreement to acquire Cloud, a wholly owned subsidiary of Applied Digital Corporation, in a deal where Ekso will issue about 138.2 million shares, giving APLD approximately 97% of the combined company. The filing notes that total revenue for Q4 2025 is estimated between $3.0M-$3.1M, down from $5.1M in Q4 2024, with cash at $1.2M as of December 31, 2025, compared to $6.5M a year earlier.