---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-069427"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:49:41.248528+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Phunware Q1 revenue rises 40%; net loss $3.7M on $1.2M legal charge; cash $109.7M

## Summary
- Total revenue $0.7M; software subs/services up 40% to $0.6M. Net loss $3.7M ($0.18/sh) vs $2.3M ($0.33/sh) a year ago.
- Cash and equivalents $109.7M; operating cash burn improved to $3.3M from $5.5M.
- Added 3 new hospitality customers in Q1; Q2 secured a $0.5M multi-location healthcare booking.
- One-time legal expense of $1.2M for Wild Basin litigation; decision expected Q3 2025. Appointed Quyen Du to Board.

## SEC filing metadata
- accession: 0000950170-25-069427
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000095017025069427/0000950170-25-069427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000095017025069427/phun-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-069427
- JSON: https://secwatch.observer/filing/0000950170-25-069427.json
- Plain text: https://secwatch.observer/filing/0000950170-25-069427.txt

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