secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001213900-25-077078
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse Q2 revenue $5.7M (+613% YoY) on record 32 truck shipments; announces merger with Motiv
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- Revenue $5.7M vs $0.8M YoY; cost of sales $13.1M, SG&A $5.8M, R&D $1.2M.
- Shipped 32 W56 trucks in Q2; secured 36 purchase orders, expanding customer base.
- Agreed to merge with Motiv Electric Trucks to create leading medium-duty EV OEM.
- Completed $20M sale-leaseback and $5M convertible note from Motiv's investor for near-term liquidity.
- Cash and restricted cash total $24.7M; cash conservation reduced operating expenses $7M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025077078/0001213900-25-077078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025077078/ea0253466-8k_workhorse.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-077078

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