{"schema_version":"secwatch.filing_event.v1","accession":"0001425287-24-000070","form_type":"8-K","ticker":"WKHS","cik":"0001425287","company_name":"Workhorse Group Inc.","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.150936+00:00","generated_at":"2026-06-04T22:58:21.568189+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Workhorse reports Q4 net loss $45.3M, cuts 20% of workforce, seeks financing","bullets":["Q4 2023 sales $4.4M (up 29% YoY), net loss $45.3M vs $38.7M loss a year ago.","Full-year 2023 net loss $123.9M on sales $13.1M; cash $25.8M at Dec 31.","Reducing ~20% of non-direct-labor workforce; executives deferring 20% of cash comp for 3 months.","Transitioning Aero to Drones-as-a-Service; halting drone production and design.","Negotiating financing for liquidity; Union City sale/leaseback expected to close May 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001425287-24-000070","json":"https://secwatch.observer/filing/0001425287-24-000070.json","markdown":"https://secwatch.observer/filing/0001425287-24-000070.md","text":"https://secwatch.observer/filing/0001425287-24-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425287/000142528724000070/0001425287-24-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425287/000142528724000070/wkhs-20240312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:58:21.568189+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":"891fd865de07927ccabb2245d780553806e9d692","claim":"Workhorse Group Inc. reported financial results for the quarter and year ended December 31, 2023.","evidence_excerpt":"On March 12, 2024, Workhorse Group Inc. (the \"Company\") issued a press release regarding its financial results for the quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000142528724000070/0001425287-24-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"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"}