{"schema_version":"secwatch.filing_event.v1","accession":"0001463101-23-000184","form_type":"8-K","ticker":"ENPH","cik":"0001463101","company_name":"Enphase Energy, Inc.","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.137178+00:00","generated_at":"2026-06-07T11:15:23.819116+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Enphase to cut 10% of workforce, cease manufacturing at two sites, target $75-80M quarterly OpEx in 2024","bullets":["Global workforce reduction of ~10% (approx. 350 employees and contractors).","Ceasing contract manufacturing in Timisoara, Romania and Wisconsin; focus on US sites in South Carolina and Texas.","Expects global capacity of ~7.25 million microinverter units per quarter, ~5 million from US, after redeployment.","Restructuring charges $16-18M (incl. ~$7M cash); ~$15M expected in Q4 2023.","Targeting non-GAAP OpEx of $75-80M per quarter in 2024 after restructuring complete in H1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001463101-23-000184","json":"https://secwatch.observer/filing/0001463101-23-000184.json","markdown":"https://secwatch.observer/filing/0001463101-23-000184.md","text":"https://secwatch.observer/filing/0001463101-23-000184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000184/0001463101-23-000184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463101/000146310123000184/enph-20231218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:15:23.819116+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}