{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-116810","form_type":"8-K","ticker":"PHUN","cik":"0001665300","company_name":"Phunware, Inc.","filed_at":"2026-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.807146+00:00","generated_at":"2026-05-15T09:29:52.282034+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Phunware Q4 rev $0.8M (+33% YoY); FY rev down to $2.6M; launches hospitality AI products with $100.6M cash","bullets":["Q4 net revenue $0.8M, up 33% YoY from $0.6M; gross margin improved to 57.7% from 23.3%.","Full year 2025 revenue $2.6M, down 19% from $3.2M in 2024; net loss $11.4M ($0.57 per share) vs $10.3M ($0.94).","Cash and cash equivalents $100.6M as of Dec 31, 2025; net cash used in operations improved to $12.5M from $13.3M.","Launched two hospitality product tiers (Luxury Engagement, Enriched Experience) and AI Concierge commercially available after pilot.","Board changes: Ed Lu elected, Elliot Han appointed Chair, Interim CEO Jeremy Krol added to Board."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-116810","json":"https://secwatch.observer/filing/0001193125-26-116810.json","markdown":"https://secwatch.observer/filing/0001193125-26-116810.md","text":"https://secwatch.observer/filing/0001193125-26-116810.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1665300/000119312526116810/0001193125-26-116810-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1665300/000119312526116810/phun-20260320.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:29:52.282034+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":"ff07a5bb674308c26e03c20214a039e89257698f","claim":"Phunware, Inc. reported the fourth quarter and year ended December 31, 2025 results: revenue $0.8 million, net income $2.1 million, EPS ($0.11).","evidence_excerpt":"monetize their global audiences, today reported financial results for the fourth quarter and year ended December 31, 2025. Financial Highlights • Net revenue increased 33% to $0.8 million in Q4 2025, as compared to $0.6 million in Q4 2024. • Gross margin improved to 57.7% in Q4 2025, as compared to 23.3% in Q4 2024, a 3,443 basis point improvement. • Net loss","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1665300/000119312526116810/0001193125-26-116810-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2025"},{"label":"Revenue","value":"$0.8 million"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"($0.11)"},{"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"}