---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-123440"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:37:15.451924+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Phunware reports Q3 net loss $2.8M; Nasdaq deficiency for audit committee

## Summary
- Net loss from continuing ops $2.8M ($0.25/diluted share) vs $13.7M ($5.72) in Q3 2023.
- Cash & equivalents $35.5M at Sep 30; subsequent ATM proceeds boosted to ~$110M as of Nov 6.
- Year-to-date software & subscription bookings up 300% vs prior year.
- Nasdaq notified of non-compliance: audit committee size too small after Chen resignation; cure until next annual meeting or Oct 22, 2025.
- CFO Troy Reisner to depart by Nov 30; Stephen Chen appointed interim CEO; signed term sheet to acquire MyCanvass.

## SEC filing metadata
- accession: 0000950170-24-123440
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000095017024123440/0000950170-24-123440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000095017024123440/phun-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-123440
- JSON: https://secwatch.observer/filing/0000950170-24-123440.json
- Plain text: https://secwatch.observer/filing/0000950170-24-123440.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.