{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-045305","form_type":"8-K/A","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2024-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.066772+00:00","generated_at":"2026-06-04T00:36:50.869834+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Phoenix Motor acquisition of Proterra Transit shows $54.95M net loss in 2023","bullets":["Net loss of $54.95M on revenue of $115.78M in 2023; prior year net loss of $75.05M on revenue of $191.09M.","Auditor issued disclaimer of opinion; could not obtain sufficient evidence from Proterra's accounting records.","Proterra filed Chapter 11 in Aug 2023; Phoenix Motor paid $3.5M for transit assets and $6.5M for battery leases.","Accumulated deficit reached $130M as of Dec 31, 2023; stockholders' deficit of $130M.","Going concern uncertainty noted; operating cash flow was positive $9.9M in 2023 after negative $135.8M in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-045305","json":"https://secwatch.observer/filing/0001104659-24-045305.json","markdown":"https://secwatch.observer/filing/0001104659-24-045305.md","text":"https://secwatch.observer/filing/0001104659-24-045305.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924045305/0001104659-24-045305-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924045305/tm2411365d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T00:36:50.869834+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}