{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-093596","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.974674+00:00","generated_at":"2026-06-11T06:32:22.388309+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Phoenix Motor Q2 revenue $1.2M down 23% YoY; net loss widens to $3.2M","bullets":["Net revenue $1.2M vs $1.5M in Q2 2022; electric vehicle sales up ~80% but offset by forklift decline.","Gross loss of $61K compared to gross profit of $325K in prior year; net loss $(3.2)M vs $(2.0)M.","Over half of vehicle deliveries were leases; if classified as sales, revenue would have been ~$2.2M.","Secured purchase order for 13 zero-emission vehicles from Los Angeles World Airports (LAWA).","Gen 4 start-of-production expected in 2023; Gen 5 ground-up chassis targeted for 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-093596","json":"https://secwatch.observer/filing/0001104659-23-093596.json","markdown":"https://secwatch.observer/filing/0001104659-23-093596.md","text":"https://secwatch.observer/filing/0001104659-23-093596.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923093596/0001104659-23-093596-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923093596/tm2324206d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:32:22.388309+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":"78d9f58e2096ddb40eefa1b57fc30df7ab66189d","claim":"PHOENIX MOTOR INC. reported the quarter ended June 30, 2023 results: revenue $1.2 million, net income $3.2 million.","evidence_excerpt":"Net revenues decreased 23% to $1.2 million, compared to $1.5 million in Q2 2022, as a significant increase in revenue from electric vehicle sales was more than offset by a decline in forklift sales.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923093596/0001104659-23-093596-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.2 million"},{"label":"Net income","value":"$3.2 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"}