secwatch.observer — SEC 8-K summary
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Issuer:     Eve Holding, Inc. (EVEX)
CIK:        0001823652
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001554855-23-000360
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eve Holding Q1 net loss widens to $25.8M as R&D spend accelerates
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- Net loss of $25.8M in 1Q23 vs. $10.0M in 1Q22; R&D expense rose to $21.5M from $9.1M.
- Cash consumption totaled $19.9M in 1Q23, up from $1.9M a year ago; liquidity at $294.6M.
- Undrawn BNDES credit lines of $96.8M provide total available liquidity of ~$390M.
- eVTOL development on track: wind-tunnel tests completed, supplier selection expected by mid-2023, first prototype assembly in H2 2023.
- Backlog stands at 2,770 units ($8.3B) from 26 customers; signed LOI with Ferrovial Vertiports to explore Urban ATM software.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823652/000155485523000360/0001554855-23-000360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823652/000155485523000360/evex-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001554855-23-000360

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer