---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030302"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:52:59.769960+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AYRO Q3 revenue $373K, net loss improves to $5.7M; unveils Vanish LSEV platform

## Summary
- Revenue of ~$373,000; net loss of ($5.7M) improved from ($12.0M) in 3Q21.
- Adjusted EBITDA loss of ($4.8M) vs ($8.2M) in prior year; $55.2M cash & marketable securities, no debt.
- Unveiled AYRO Vanish LSEV; first article production expected in Q1 2023.
- Revenue impacted by defective components from former supplier limiting Club Car Current inventory.

## SEC filing metadata
- accession: 0001493152-22-030302
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1086745/000149315222030302/0001493152-22-030302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315222030302/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030302
- JSON: https://secwatch.observer/filing/0001493152-22-030302.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030302.txt

## Key facts
- Earnings Releases
  Fabric.AI, Inc. reported the quarter ended September 30, 2022 results: revenue approximately $373,000, net income ($5.7) million.
  - Period: the quarter ended September 30, 2022
  - Revenue: approximately $373,000
  - Net income: ($5.7) million
  - Result: reported results
  source text: mobility, and last-mile delivery, announces financial results for the quarter ended September 30, 2022. Recent Financial and Corporate Highlights: ● Revenue of approximately $373,000 ● Net loss of ($5.7) million in 3Q22 vs. net loss of ($12.0) million in 3Q21 ● Adjusted EBITDA loss of ($4.8) million in 3Q22 vs. an Adjusted EBITDA loss of ($8.2) million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315222030302/0001493152-22-030302-index.htm

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