secwatch.observer — SEC 8-K summary
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Issuer:     Corvex, Inc. (MOVE)
CIK:        0001734750
Form:       8-K
Filed at:   2026-05-19T20:07:06+00:00
Accession:  0001213900-26-059003
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corvex Q1 revenue $510k, net loss $(5.1M) after OpCo acquisition; pro forma revenue $3.7M
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- Completed acquisition of Corvex OpCo on March 19, 2026; renamed from Movano to Corvex.
- Q1'26 revenue $510k (incl. 12 days of OpCo) vs $206k in Q1'25; AI platform services contributed $475k.
- Net loss $(5.1M) or $(3.13) per share vs $(5.2M) or $(5.35) per share; adjusted EBITDA loss $(1.6M) improved 67%.
- Pro forma Q1'26: revenue $3.7M, net loss $(15.9M), adjusted EBITDA loss $(0.9M).
- Cash $29.3M; deferred revenue grew to $4.4M from $12k at year-end 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734750/000121390026059003/0001213900-26-059003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734750/000121390026059003/ea0291458-8k_corvex.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-059003

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