---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-033661"
form_type: "8-K/A"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2026-03-24T23:59:59+00:00"
generated_at: "2026-05-15T09:11:16.901955+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Workhorse files amended 8-K with Motiv Power Systems audited restated financials; going concern noted

## Summary
- Motiv Power Systems net loss of $51.6M for 2024, revenues $7.0M vs $16.9M in 2023 (down 58%).
- Accumulated deficit of $254.9M; $38.2M cash used in operations during 2024; $6.6M cash at year-end.
- Auditors express substantial doubt about Motiv's ability to continue as a going concern.
- Restatement corrects per-share data for reverse stock split and preferred conversion; net loss unchanged.
- 2023 net loss restated at $57.4M (attributable to common); $51.6M in 2024.

## SEC filing metadata
- accession: 0001213900-26-033661
- form_type: 8-K/A
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2026-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390026033661/0001213900-26-033661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390026033661/ea0281147-8ka2_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-033661
- JSON: https://secwatch.observer/filing/0001213900-26-033661.json
- Plain text: https://secwatch.observer/filing/0001213900-26-033661.txt

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