secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001193125-25-269673
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware reports Q3 net loss $2.4M ($0.12/shr); cash $103.8M; appoints interim CEO
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- Net revenue $0.6M, down 6.5% from $0.7M YoY; gross margin 46.1% vs 48.4%.
- Net loss improved to $2.4M from $2.8M; EPS ($0.12) vs ($0.25).
- Cash and equivalents $103.8M; net cash used in operations $9.3M for nine months.
- Appointed Jeremy Krol as Interim CEO; AI Concierge pilot with hospitality partner.
- Sales pipeline opportunities increased QoQ; investments in marketing and senior hires.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000119312525269673/0001193125-25-269673-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000119312525269673/phun-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-269673

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