secwatch.observer — SEC 8-K summary
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Issuer:     Aeva Technologies, Inc. (AEVA)
CIK:        0001789029
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092781
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aeva Q2 revenue up to $2.0M; operating loss widens to $48.9M; Daimler Truck program on track
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- Revenue $2.0M in Q2 2024, up from $0.7M in Q2 2023; GAAP net loss per share $0.82 (unchanged YoY).
- Non-GAAP operating loss $32.0M vs $31.1M; cash + securities $160.2M plus $125M credit facility.
- Daimler Truck program on track; global top 10 passenger OEM RFQ decision expected this year.
- First industrial product with Nikon on schedule for Q4 2024; new security contract with top U.S. National Defense organization.
- Weighted average shares 53.0M; no guidance change announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789029/000095017024092781/0000950170-24-092781-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789029/000095017024092781/aeva-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092781

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer