{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-23-000309","form_type":"8-K","ticker":"RCAT","cik":"0000748268","company_name":"Red Cat Holdings, Inc.","filed_at":"2023-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.591395+00:00","generated_at":"2026-06-10T11:28:47.401053+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"medium","headline":"Red Cat Q1 FY2024: Enterprise revenue record; Teal 2 sales >$2M; guides Q2 $3M, Q3 $5M revenue","bullets":["Enterprise segment achieved record quarterly revenues; >70% from US government agencies; $6M backlog.","Teal 2 generated over $2M in first full quarter of sales; DoD Blue UAS approval received.","Consumer segment reported as discontinued ops; sale to Unusual Machines for $3M cash + ~$21M in UM stock expected to close in fiscal Q2.","Revenue guidance: Enterprise segment $3M in Q2 FY2024, $5M in Q3 FY2024.","Inventory of >$11M; additional $3M spending to convert into 1,200 drones representing $18M future revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-23-000309","json":"https://secwatch.observer/filing/0001554795-23-000309.json","markdown":"https://secwatch.observer/filing/0001554795-23-000309.md","text":"https://secwatch.observer/filing/0001554795-23-000309.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000309/0001554795-23-000309-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000309/rcat0920form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T11:28:47.401053+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":"ab13e49825f7230a37f5c6f3f85349ae8a09c4f2","claim":"Red Cat Holdings, Inc. reported fiscal second quarter and third fiscal quarter results: revenue $3 million for our second fiscal quarter and $5 million for our third fiscal quarter. Guidance initiated.","evidence_excerpt":"We are providing revenue guidance for our Enterprise segment of $3 million for our second fiscal quarter and $5 million for our third fiscal quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000309/0001554795-23-000309-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter and third fiscal quarter"},{"label":"Revenue","value":"$3 million for our second fiscal quarter and $5 million for our third fiscal quarter"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"deb88910bb465782ddb70da726ad04ca70cf4353","claim":"Red Cat Holdings, Inc. reported financial results for the fiscal quarter ended July 31, 2023.","evidence_excerpt":"Red Cat Holdings, Inc. (the \"Company\") issued a press release and will hold a conference call regarding its financial results for the quarter ended July 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000309/0001554795-23-000309-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended July 31, 2023"},{"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"}