{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023135","form_type":"8-K","ticker":"NWTG","cik":"0001934245","company_name":"Newton Golf Company, Inc.","filed_at":"2026-05-14T20:34:18+00:00","discovered_at":"2026-05-14T20:35:00.277396+00:00","generated_at":"2026-05-14T20:35:27.326727+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Newton Golf Q1 net sales down 18% YoY to $991K; net loss widens to $2.7M","bullets":["Net loss of $2.7M ($0.58 per share) vs $0.5M loss ($0.55 per share) in Q1 2025.","Net sales $991K (-18% YoY); gross margin 63% vs 70% due to temporary production inefficiencies.","Cash $593K at quarter end; issued $500K convertible note in March and $850K additional post-quarter.","$1.2M in expected future revenue from customer deposits ($0.9M) and open wholesale orders ($0.3M).","Introduced Fast Motion fairway/hybrid shafts at PGA Show; exclusive South Korea distribution with VOICE CADDIE; appointed John Bode to board; interim CEO Akinobu Yorihiro; CFO now also COO."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023135","json":"https://secwatch.observer/filing/0001493152-26-023135.json","markdown":"https://secwatch.observer/filing/0001493152-26-023135.md","text":"https://secwatch.observer/filing/0001493152-26-023135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1934245/000149315226023135/0001493152-26-023135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1934245/000149315226023135/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:35:27.326727+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":"af75fe0a122cbf287526bd41ae15d2c6a6a9775b","claim":"Newton Golf Company, Inc. reported financial results for the first quarter ended March 31, 2026.","evidence_excerpt":"On May 14, 2026, Newton Golf Company, Inc. (the “Company”) issued a press release, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K, announcing its financial results for the quarter ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1934245/000149315226023135/0001493152-26-023135-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"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"}