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As of Q2'26 (2025-11-30), APLD's current contract liabilities stand at USD 29.44M, marking a notable increase from the previous quarter's value of USD 16.75M. This latest data point reflects a significant quarter-over-quarter growth after a period of decline. From Q3'23 to Q3'24, current contract liabilities showed a steady upward trend, peaking at USD 100.63M in Q3'24. However, starting Q4'24, the chart reveals a sharp decline, dropping to a low of USD 16.13M by Q4'25. The most recent quarters indicate a reversal, with liabilities rebounding to USD 29.44M in Q2'26, suggesting renewed contract activity or changes in business conditions over the covered period.