secwatch.observer — SEC 8-K summary
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Issuer:     Envirotech Vehicles, Inc. (EVTV)
CIK:        0001563568
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001193125-22-151719
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Envirotech Vehicles Q1 sales up 135% to $1.1M; net loss widens to $2.5M
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- Revenue $1,108,500 (vs $470,793) on 12 vehicle sales (vs 5); net loss $2,527,397 vs $658,510.
- Operating expenses rose to $2.95M from $0.60M driven by growth investments; non-cash charges $1.63M.
- Cash & equivalents $9.1M (down from $12.9M); working capital $21.0M, modestly lower.
- Finished goods: 24 trucks and 100 vans; 100 trucks and 100 vans in production for Q2 deliveries.
- First phase of new 580,000 sq ft Arkansas manufacturing facility completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563568/000119312522151719/0001193125-22-151719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563568/000119312522151719/d308189d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-151719

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