secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0000950170-25-105872
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware Q2 rev $0.4M (-16% YoY); net loss $3.1M; appoints Jeremy Krol interim CEO
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- Software subscriptions & services revenue $0.4M, down 16% YoY; gross margin 43.9%, up 1,694 bps from 26.9%.
- Net loss $3.1M vs $2.6M prior year; EPS improved to ($0.16) from ($0.32) on lower share count.
- Software bookings $0.6M, all new logos; four new customers in hospitality/healthcare set to launch next quarter.
- Jeremy Krol, former COO, appointed interim CEO in July 2025; board to evaluate capital deployment for organic/inorganic growth.
- Debuted AI Concierge and Guest Services Agent at HITEC; released Map Editor 3.0 with platform upgrades.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000095017025105872/0000950170-25-105872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000095017025105872/phun-20250808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-105872

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