---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-070922"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:26:49.707278+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Workhorse Q2 sales drop to $0.8M, net loss widens to $26.3M; deferred revenue expected in H2

## Summary
- Q2 2024 sales $0.8M vs $4.0M YoY; net loss $26.3M vs $23.0M YoY; cash $5.3M at June 30.
- Deferred revenue of $2.3M from 30 W4CC trucks due to CARB HVIP delays; expects recognition in H2 2024.
- Completed Aero divestiture on June 6, 2024, generating ~$0.4M monthly cost savings.
- Regained NASDAQ compliance via 1-for-20 reverse stock split effective June 17, 2024.
- Expanding W56 line: 208-in wheelbase model expected Q4 2024; first order received; dealer network at 13.

## SEC filing metadata
- accession: 0001213900-24-070922
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390024070922/0001213900-24-070922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390024070922/ea0211839-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-070922
- JSON: https://secwatch.observer/filing/0001213900-24-070922.json
- Plain text: https://secwatch.observer/filing/0001213900-24-070922.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.