secwatch.observer — SEC 8-K summary
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Issuer:     Urgent.ly Inc. (ULYX)
CIK:        0001603652
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000950170-25-070338
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urgent.ly Q1 2025 revenue $31.3M (-22% YoY); record gross margin 26%; operating loss improves 71%
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- Revenue of $31.3M, down 22% YoY; gross profit down 15% to $8.0M; gross margin rose to 26% from 23%.
- GAAP operating loss narrowed 71% to $2.4M; non-GAAP operating loss of $0.4M beat guidance of $1.0M.
- CEO expects positive sequential revenue growth in Q3 and sustained non-GAAP operating breakeven.
- Completed ~189,000 dispatches with a consumer satisfaction score of 4.6/5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025070338/0000950170-25-070338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025070338/uly-20250513.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-070338

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