{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-040567","form_type":"8-K","ticker":"PDYN","cik":"0001826681","company_name":"Palladyne AI Corp.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.521109+00:00","generated_at":"2026-06-11T23:14:16.028114+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sarcos Q2 revenue $1.3M (-57% YoY); net loss $28.7M; workforce cut 25%","bullets":["Net loss of $28.7M ($1.12 EPS); non-GAAP net loss $21.9M ($0.86 EPS).","Total revenue $1.3M vs $3.0M in Q2 2022; gross margin improved to 26% from -4%.","Restructuring charges of $5.1M in Q2; expects ~$6.0M additional in Q3, with $14.6M annual cash savings from 2024.","Cash and equivalents $75.1M; Q3 cash burn ~$5.5M/month, target ~$3.0M/month in 2024.","1-for-6 reverse stock split effective July 5, 2023; shares/amounts retroactively adjusted."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-040567","json":"https://secwatch.observer/filing/0000950170-23-040567.json","markdown":"https://secwatch.observer/filing/0000950170-23-040567.md","text":"https://secwatch.observer/filing/0000950170-23-040567.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023040567/0000950170-23-040567-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826681/000095017023040567/strc-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:14:16.028114+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}