{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-020509","form_type":"8-K","ticker":"PDYN","cik":"0001826681","company_name":"Palladyne AI Corp.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.927835+00:00","generated_at":"2026-06-15T06:58:45.054337+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sarcos Q1 revenue $2.3M, net loss $0.14/share; guides FY23 rev $23-25M","bullets":["Q1 revenue $2.3M vs $0.7M YoY; net loss $21.5M ($0.14 per share), non-GAAP loss $0.13.","Cash, equivalents, marketable securities $94.7M; monthly cash burn ~$5M in Q2 2023.","Full-year 2023 revenue guidance reaffirmed at $23-25M, product sales to ramp in H2.","Signed manufacturing agreement with Jabil for production capacity; partnered with VideoRay for underwater systems.","No equity financing planned in 2023; sufficient capital for at least 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-020509","json":"https://secwatch.observer/filing/0000950170-23-020509.json","markdown":"https://secwatch.observer/filing/0000950170-23-020509.md","text":"https://secwatch.observer/filing/0000950170-23-020509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023020509/0000950170-23-020509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023020509/strc-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:58:45.054337+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":"903993c701d2c623ab64f18b4a55f0b237497808","claim":"Palladyne AI Corp. reported the quarter ended March 31, 2023 results: revenue $2.3 million, net income $21.5 million or $0.14 per share, EPS $0.14 per share. Guidance reaffirmed.","evidence_excerpt":"to optimize operating expenses, all leading to our goal of exiting 2024 on pace to be cash flow positive in 2025.” Financial results First quarter 2023 total revenue was $2.3 million, compared to $0.7 million during the first quarter of 2022. The increase was due to Product Development Contract revenue increases. Total operating expenses for the first quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023020509/0000950170-23-020509-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$2.3 million"},{"label":"Net income","value":"$21.5 million or $0.14 per share"},{"label":"EPS","value":"$0.14 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}