{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-004162","form_type":"8-K","ticker":"PDYN","cik":"0001826681","company_name":"Palladyne AI Corp.","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.855590+00:00","generated_at":"2026-06-19T03:18:10.199945+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sarcos reports preliminary Q4 rev $6.1M, FY rev $14.6M; shifts to direct sales model","bullets":["Preliminary Q4 2022 revenue $6.1M, full year $14.6M, both at high end of guidance.","Cash and cash equivalents $114.5M as of Dec 31, 2022.","Shift from RaaS to direct sales model; expects additional capital needs <$50M to break-even.","Commercializing Guardian XT, XM, Sea Class systems; initial deliveries expected H1 2023.","Production capacity 300-500 robots; plans to partner with contract manufacturer."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-004162","json":"https://secwatch.observer/filing/0000950170-23-004162.json","markdown":"https://secwatch.observer/filing/0000950170-23-004162.md","text":"https://secwatch.observer/filing/0000950170-23-004162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023004162/0000950170-23-004162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023004162/strc-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T03:18:10.199945+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5302087b10ec9c249e9cc4b4079a6ef736c363e","claim":"Palladyne AI Corp. reported fourth quarter 2022 results: revenue $6.1 million.","evidence_excerpt":"announced preliminary fourth quarter 2022 revenue of $6.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023004162/0000950170-23-004162-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2022"},{"label":"Revenue","value":"$6.1 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"d7cfed96350a4335661dc44d1905cb2e31393172","claim":"Palladyne AI Corp. reported full year 2022 results: revenue $14.6 million.","evidence_excerpt":"X-99 Exhibit 99.1 Sarcos Commercializing and Expanding its Line of Teleoperated Robotics and Software Solutions Expects Revenue of $6.1 Million for Q4 and $14.6 Million for the Full Year 2022 SALT LAKE CITY— February 23, 2023— Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced preliminary fourth quarter 2022 revenue of $6.1 million and full year 2022 revenue of $14.6 million, each at the high end of its guidance range, and provided an update on its product commercialization efforts.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023004162/0000950170-23-004162-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"$14.6 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}