---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-004866"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T06:53:38.107443+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AYRO expects record Q4 2021 revenue; sequential growth in Q1 and Q2 2022

## Summary
- Record revenue and unit deliveries anticipated for Q4 2021; sequential revenue growth forecast for Q1 and Q2 2022.
- Reduced senior staff and associated expenses by 40% (ex-one-time costs); cash $77M, no debt.
- Shifting supply chain from Asia to North America to lower costs and speed deliveries.
- Club Car launched lithium-battery Current with improved hill climbing and air conditioning.
- Exploring EV acquisitions and partnerships to accelerate revenue growth and scale.

## SEC filing metadata
- accession: 0001493152-22-004866
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315222004866/0001493152-22-004866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315222004866/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-004866
- JSON: https://secwatch.observer/filing/0001493152-22-004866.json
- Plain text: https://secwatch.observer/filing/0001493152-22-004866.txt

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