{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-019858","form_type":"8-K","ticker":"PLUG","cik":"0001093691","company_name":"PLUG POWER INC","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.911600+00:00","generated_at":"2026-05-25T16:52:11.767467+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Plug Power reports Q4 revenue $191.5M, massive $971.3M impairment, launches Project Quantum Leap","bullets":["Q4 revenue $191.5M; gross margin loss of 122% including $104.2M inventory adjustments and $22.7M warrant charges.","Recorded $971.3M in non-cash impairment charges on PP&E, intangibles, and equity investments due to market shifts.","Operating cash flow improved 25% QoQ and 46% YoY in Q4; full-year burn reduced 34% vs 2023.","Project Quantum Leap targets $150-200M annual expense savings via workforce cuts, facility consolidation, and capex limits.","Closed $1.66B DOE loan guarantee; transferred $30M in ITC; electrolyzer revenue up 583% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-019858","json":"https://secwatch.observer/filing/0001104659-25-019858.json","markdown":"https://secwatch.observer/filing/0001104659-25-019858.md","text":"https://secwatch.observer/filing/0001104659-25-019858.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093691/000110465925019858/0001104659-25-019858-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093691/000110465925019858/tm258079d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T16:52:11.767467+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"}