{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-010634","form_type":"8-K","ticker":"SDST","cik":"0001831979","company_name":"Stardust Power Inc.","filed_at":"2026-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.434844+00:00","generated_at":"2026-05-15T09:55:32.840066+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stardust Power reports FY 2025 net loss $15.7M; cash $3.5M and going concern doubt","bullets":["Net loss improved to $15.7M from $23.8M; EPS loss of $2.13 vs $5.55.","Cash and equivalents $3.5M; substantial doubt about ability to continue as going concern.","Muskogee refinery FEL-3 study completed; Phase I CapEx ~$500M; air permit received.","Raised $13.2M equity, up to $10M debt; established $10M ATM facility with B. Riley.","Non-binding feedstock deals with Mandrake & Prairie for up to 13,500 LCE tonnes/yr."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-010634","json":"https://secwatch.observer/filing/0001493152-26-010634.json","markdown":"https://secwatch.observer/filing/0001493152-26-010634.md","text":"https://secwatch.observer/filing/0001493152-26-010634.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831979/000149315226010634/0001493152-26-010634-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831979/000149315226010634/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:55:32.840066+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"}