{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-037398","form_type":"8-K","ticker":"ELWT","cik":"0002063863","company_name":"Elauwit Connection, Inc.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.138938+00:00","generated_at":"2026-05-15T08:17:18.205930+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Elauwit Connection full-year 2025 revenue rises 154% to $21.6M; net loss $4.2M","bullets":["Full-year revenue $21.6M, up 154% YoY; recurring service revenue up 151%.","Q4 revenue $6.1M vs $3.3M in Q4 2024; Q4 net loss $2.3M.","Gross profit $4.0M for 2025 vs $1.2M in 2024; operating expenses $7.7M vs $4.4M.","Adjusted EBITDA (non-GAAP) loss $3.7M in 2025 vs $3.2M loss in 2024.","New sales team identified ~8,000 incremental bidding units in first 8 weeks of Q1 2026; targeting 12M-unit opportunity."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-037398","json":"https://secwatch.observer/filing/0001104659-26-037398.json","markdown":"https://secwatch.observer/filing/0001104659-26-037398.md","text":"https://secwatch.observer/filing/0001104659-26-037398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/tm2610671d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:17:18.205930+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":"1941751252879666f2249272747575d8d5562bf6","claim":"Elauwit Connection, Inc. reported Three Months Ended December 31, 2025 results: revenue $6.1, net income $(2.3).","evidence_excerpt":"Financial Highlights (unaudited) Three Months Ended Full Year Ended (in $ millions) December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Revenues $ 6.1 $ 3.3 $ 21.6 $ 8.5 Gross Profit $ 0.5 $ 0.3 $ 4.0 $ 1.2 Operating Expenses $ 2.7 $ 1.3 $ 7.7 $ 4.4 Net Loss $ (2.3 ) $ (1.0 ) $ (4.2 ) $ (3.5 ) Adjusted EBITDA (Non-GAAP) 1 $ (2.2 ) $ (1.0 ) $ (3.7 ) $ (3.2 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended December 31, 2025"},{"label":"Revenue","value":"$6.1"},{"label":"Net income","value":"$(2.3)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e3d27773c5aa63bc4c956b3dd4b794689d4bc305","claim":"Elauwit Connection, Inc. reported Full Year Ended December 31, 2025 results: revenue $21.6, net income $(4.2).","evidence_excerpt":"Financial Highlights (unaudited) Three Months Ended Full Year Ended (in $ millions) December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Revenues $ 6.1 $ 3.3 $ 21.6 $ 8.5 Gross Profit $ 0.5 $ 0.3 $ 4.0 $ 1.2 Operating Expenses $ 2.7 $ 1.3 $ 7.7 $ 4.4 Net Loss $ (2.3 ) $ (1.0 ) $ (4.2 ) $ (3.5 ) Adjusted EBITDA (Non-GAAP) 1 $ (2.2 ) $ (1.0 ) $ (3.7 ) $ (3.2 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year Ended December 31, 2025"},{"label":"Revenue","value":"$21.6"},{"label":"Net income","value":"$(4.2)"},{"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"}