{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-119555","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.886716+00:00","generated_at":"2026-06-21T17:46:57.199300+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Phoenix Motor Q3 2022 revenue down 26% YoY to $409K; net loss widens to $3.9M","bullets":["Revenue $409K, down 26% YoY; net loss $3.9M vs $2.2M in Q3 2021.","Gross profit improved to $121K from loss of $49K; margin 29.6% vs -8.8% due to product mix shift to forklifts.","Nine-month revenue $2.6M (+53.5%); net loss $8.1M vs $6.4M.","Cash $1.3M; partnership with CATL for battery supply; Gen 4 EV development with IAT.","Gen 4 vehicles expected in 2023; Gen 5 in 2024; EdisonFuture light-duty EV in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-119555","json":"https://secwatch.observer/filing/0001104659-22-119555.json","markdown":"https://secwatch.observer/filing/0001104659-22-119555.md","text":"https://secwatch.observer/filing/0001104659-22-119555.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465922119555/0001104659-22-119555-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465922119555/tm2230739d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:46:57.199300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4875cc9e95ec52b930e65778019cfa5d2795f5d7","claim":"PHOENIX MOTOR INC. reported the nine months ended September 30, 2022 results: revenue $2.6 million, net income $8.1 million.","evidence_excerpt":"Revenues for the nine months ended September 30, 2022 were $2.6 million, an increase of 53.5% compared to the prior-year period, primarily driven by the increase in sales of electric forklifts. · Gross profit increased to $566,000 for the most recent nine-month period, compared to a loss of $156,000 for the prior-year period, due to a shift in product mix, particularly attributable to the 20.1% gross margin of electric forklifts products. · Net losses increased to $8.1 million during the nine-month period ending September 30, 2022, compared to $6.4 million in the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465922119555/0001104659-22-119555-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$2.6 million"},{"label":"Net income","value":"$8.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5c143743a759d7b4014bae5cb2927201963f270a","claim":"PHOENIX MOTOR INC. reported the third quarter ended September 30, 2022 results: revenue $409,000, net income $3.9 million.","evidence_excerpt":"Revenue totaled $409,000 for the third quarter, a decrease of approximately 26% compared to the prior-year period of $554,000 principally due to software-related issues and battery supply constraints that resulted in a delay in delivery of electric vehicles (“EVs”) from the third quarter into the fourth quarter of 2022 and the first quarter of 2023. · Gross profit increased to $121,000 in the third quarter of 2022, compared to a loss of $49,000 in the third quarter of 2021, primarily driven by a shift in the product mix to higher gross margin products, particularly lithium ion powered electric forklifts. · Net losses increased to $3.9 million in the third quarter of 2022, compared to a loss of $2.2 million in the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465922119555/0001104659-22-119555-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$409,000"},{"label":"Net income","value":"$3.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}