secwatch.observer — SEC 8-K summary
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Issuer:     Swarmer, Inc (SWMR)
CIK:        0002092574
Form:       8-K
Filed at:   2026-05-13T21:27:00+00:00
Accession:  0001104659-26-060388
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Swarmer Q1 revenue drops 82% to $20K; net loss widens to $4.5M; completed IPO
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- Q1 2026 revenue $20,325 (down 82% YoY); net loss $(4.5)M vs $(0.7)M in Q1 2025.
- Cash at Mar 31, 2026: $23.5M, up from $9.3M, driven by $17.3M IPO and $3.5M Series A-1 preferred.
- Awarded $2.8M contract for 16,000+ software licenses for SkyKnight quadcopter bombers.
- Expanded into Japan with Rakuten; MOU with HIMERA for jam-resistant radio integration.
- Appointed Mykhailo Nestor as CPO; developing drone interceptor kit with partners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2092574/000110465926060388/0001104659-26-060388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2092574/000110465926060388/tm2614560d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-060388

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer