---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028898"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:58:26.658232+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Phunware Q2 net revenue $3.5M, net loss $6.5M; restructures debt, files suit vs UBS

## Summary
- Net revenues $3.5M: platform $1.3M, hardware $2.2M.
- Net loss $6.5M ($0.06 per share); non-GAAP adjusted EBITDA loss $5.2M.
- Restructuring existing debt, reducing cash burn; new CFO Troy Reisner appointed.
- Filed lawsuit against UBS Securities for market manipulation.
- Launched smart hospitality solution at Thumper Pond; partnered with MKT Consulting.

## SEC filing metadata
- accession: 0001628280-23-028898
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000162828023028898/0001628280-23-028898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000162828023028898/phun-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028898
- JSON: https://secwatch.observer/filing/0001628280-23-028898.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028898.txt

## Key facts
- Earnings Releases
  Phunware, Inc. reported the second quarter ended June 30, 2023 results: revenue $3.5 million, net income $(6.5) million, EPS $(0.06).
  - Period: the second quarter ended June 30, 2023
  - Revenue: $3.5 million
  - Net income: $(6.5) million
  - EPS: $(0.06)
  - Result: reported results
  source text: Net revenues for the quarter totaled $3.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000162828023028898/0001628280-23-028898-index.htm

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