---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-014028"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T00:43:04.973067+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AYRO reports $43M cash, targets $1.5M quarterly burn in 2024 corporate update

## Summary
- Cash and cash equivalents of $43M as of December 31, 2023.
- Targeting quarterly cash burn of ~$1.5M in 2024, down dramatically.
- Evaluating strategic alternatives: Vanish vehicle, M&A, capital investments.
- Year-end 2023 financial results disclosed; detailed 10-K filed April 1, 2024.

## SEC filing metadata
- accession: 0001493152-24-014028
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315224014028/0001493152-24-014028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315224014028/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-014028
- JSON: https://secwatch.observer/filing/0001493152-24-014028.json
- Plain text: https://secwatch.observer/filing/0001493152-24-014028.txt

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