{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-015856","form_type":"8-K","ticker":"FABC","cik":"0001086745","company_name":"Fabric.AI, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.899828+00:00","generated_at":"2026-06-15T08:02:23.300264+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AYRO Q1 net loss $5.5M vs $4.6M; Vanish homologation and LRIP start in June","bullets":["Q1 2023 net loss of $5.5M, up from $4.6M in prior-year quarter; revenue not disclosed (qualitative only).","Cash and marketable securities total $41.7M with no debt as of March 31, 2023.","Vanish vehicle entering homologation; Low Rate Initial Production of 50 demo units planned by early June.","Full-scale production target of 9 units/day (~2,000+ per year); future Valet and Vapor products by year-end.","CEO states current cash sufficient to reach profitability based on forecast."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-015856","json":"https://secwatch.observer/filing/0001493152-23-015856.json","markdown":"https://secwatch.observer/filing/0001493152-23-015856.md","text":"https://secwatch.observer/filing/0001493152-23-015856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1086745/000149315223015856/0001493152-23-015856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1086745/000149315223015856/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:02:23.300264+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":"fc41e3420749ddf02f9af8274eeb224380e8ca6c","claim":"Fabric.AI, Inc. reported first fiscal quarter ended March 31, 2023 results: net income Net loss declined to ($5.5) million in the first quarter of 2023 vs. net loss of ($4.6) million in the prior year period.","evidence_excerpt":"AYRO, Inc. (NASDAQ: AYRO) (“AYRO” or the “Company”), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the quarter ended March 31, 2023. Recent Financial and Corporate Highlights: ● Net loss declined to ($5.5) million in the first quarter of 2023 vs. net loss of ($4.6) million in the prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1086745/000149315223015856/0001493152-23-015856-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended March 31, 2023"},{"label":"Net income","value":"Net loss declined to ($5.5) million in the first quarter of 2023 vs. net loss of ($4.6) million in the prior year period"},{"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"}