---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-042158"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:12:11.929646+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# AYRO reports Q3 2023 results: first Vanish revenue, Adjusted EBITDA loss widens to $5.2M

## Summary
- First revenue from AYRO Vanish units recognized in Q3 2023; no revenue figure disclosed.
- Adjusted EBITDA loss of $5.2 million vs. $4.8 million in Q3 2022.
- Cash, equivalents, marketable securities and restricted cash of $47.9 million at Sept 30, 2023.
- Expects per-unit break-even in second half of 2024 as production ramps.
- CEO highlights homologation, LRIP, and four new patents awarded.

## SEC filing metadata
- accession: 0001493152-23-042158
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315223042158/0001493152-23-042158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315223042158/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-042158
- JSON: https://secwatch.observer/filing/0001493152-23-042158.json
- Plain text: https://secwatch.observer/filing/0001493152-23-042158.txt

## Key facts
- Earnings Releases
  Fabric.AI, Inc. reported financial results for the third quarter ended September 30, 2023.
  - Period: the third quarter ended September 30, 2023
  - Result: reported results
  source text: On November 20, 2023, AYRO, Inc. issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086745/000149315223042158/0001493152-23-042158-index.htm

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