{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-091308","form_type":"8-K","ticker":"AIHS","cik":"0001711012","company_name":"Senmiao Technology Ltd","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.945521+00:00","generated_at":"2026-06-11T11:46:02.849697+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":"Senmiao Tech Q1 FY2024 revenue $2.1M; net loss $0.4M vs prior-year net income $0.2M","bullets":["Revenue $2.1M, down 8.7% YoY from $2.3M, due to increased competition in ride-hailing.","Operating loss narrowed to $0.8M from $1.4M; gross profit up 26.5% to $0.6M.","Net loss $0.4M vs net income $0.2M prior year, due to $1.3M decrease in fair value change of derivatives.","Diluted EPS loss $0.05 vs earnings $0.05 prior year; weighted shares 7.9M vs 6.3M.","SG&A decreased 35.2% to $1.2M on cost controls; cash $1.2M at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-091308","json":"https://secwatch.observer/filing/0001104659-23-091308.json","markdown":"https://secwatch.observer/filing/0001104659-23-091308.md","text":"https://secwatch.observer/filing/0001104659-23-091308.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923091308/0001104659-23-091308-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923091308/tm2323707-1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:46:02.849697+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":"b02f6eea87f26ef5292a19b0d9be002a6c9e9219","claim":"Senmiao Technology Ltd reported fiscal 2024 first quarter ended June 30, 2023 results: revenue $2.1 million, net income $0.4 million net loss, EPS Loss per diluted share of approximately $0.05.","evidence_excerpt":"today announced financial results for its fiscal 2024 first quarter ended June 30, 2023. Fiscal 2024 First Quarter Financial and Operating Highlights · Total revenues of $2.1 million, compared to $2.3 million in the prior-year period, primarily due to lower revenues from online ride-hailing platform services as a result of increased competition. · From","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923091308/0001104659-23-091308-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 first quarter ended June 30, 2023"},{"label":"Revenue","value":"$2.1 million"},{"label":"Net income","value":"$0.4 million net loss"},{"label":"EPS","value":"Loss per diluted share of approximately $0.05"},{"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"}