---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-037926"
form_type: "8-K"
ticker: "ULYX"
cik: "0001603652"
company_name: "Urgent.ly Inc."
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:30:35.923300+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Urgent.ly Q4 revenue falls 29% to $32M; operating loss narrows 81% to $4.6M

## Summary
- Q4 revenue $32.0M (-29% YoY); gross profit $7.1M (-30%); gross margin 22% vs 23%.
- FY 2024 revenue $142.9M (-23%); GAAP operating loss improved 41% to $27.2M; non-GAAP loss improved 18% to $17.2M.
- Debt reduced $17.5M to $54.3M year-end; new $20M ABL credit facility with MidCap Financial closed Feb 2025.
- Stockholders approved a 1-for-4 to 1-for-12 reverse stock split; expected effective March 17, 2025, to regain Nasdaq compliance.
- Approx. 857,000 dispatches in 2024; consumer satisfaction score 4.5/5.

## SEC filing metadata
- accession: 0000950170-25-037926
- form_type: 8-K
- ticker: ULYX
- cik: 0001603652
- company_name: Urgent.ly Inc.
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603652/000095017025037926/0000950170-25-037926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603652/000095017025037926/uly-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-037926
- JSON: https://secwatch.observer/filing/0000950170-25-037926.json
- Plain text: https://secwatch.observer/filing/0000950170-25-037926.txt

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