---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-028623"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:07:42.151655+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AYRO reports Q3 revenue $559K (+44% YoY), net loss $12M; cash $77.1M

## Summary
- Revenue of $559,370, up 44% YoY; net loss of ($12.0) million; adjusted EBITDA loss of ($8.2) million.
- Total cash of $77.1 million with no debt as of September 30, 2021.
- Appointed Thomas M. Wittenschlaeger as CEO; company to evaluate strategy for shareholder value.
- Launched 2022 Club Car Current; recognized $0.4M charge for retirement of prior model; $4.9M in purchase orders from Club Car.
- Contracted backlog of $4.1 million as of September 30, 2021.

## SEC filing metadata
- accession: 0001493152-21-028623
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315221028623/0001493152-21-028623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315221028623/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-028623
- JSON: https://secwatch.observer/filing/0001493152-21-028623.json
- Plain text: https://secwatch.observer/filing/0001493152-21-028623.txt

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