{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004627","form_type":"8-K","ticker":"FABC","cik":"0001086745","company_name":"Fabric.AI, Inc.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.328823+00:00","generated_at":"2026-06-06T10:37:53.152872+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"AYRO restructures, cuts substantial positions in sales, marketing, and manufacturing","bullets":["Restructuring effective Jan 31, 2024 eliminates a substantial number of positions.","Company re-evaluates sales, marketing and manufacturing for greater efficiency.","Management remains focused on development and commercialization of AYRO Vanish LSV.","As of Sep 30, 2023, cash, cash equivalents and marketable securities totaled $47.9M.","Restructuring expected to significantly reduce burn rate and enhance cost effectiveness."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004627","json":"https://secwatch.observer/filing/0001493152-24-004627.json","markdown":"https://secwatch.observer/filing/0001493152-24-004627.md","text":"https://secwatch.observer/filing/0001493152-24-004627.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1086745/000149315224004627/0001493152-24-004627-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1086745/000149315224004627/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T10:37:53.152872+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}