secwatch / observer
8-K filed March 12, 2024, 7:59 PM ET ticker PHUN CIK 0001665300
earnings confidence high sentiment negative materiality 0.75

Phunware, Inc. (PHUN): Nasdaq/NYSE listing notice — Phunware reports FY2023 revenue $4.8M, net loss $(52.8)M; regains Nasdaq compliance

Phunware, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Phunware, Inc. reported the year ended December 31, 2023 results: revenue $4.8 million, net income $(52.8) million, EPS $(17.62).

Period
the year ended December 31, 2023
Revenue
$4.8 million
Net income
$(52.8) million
EPS
$(17.62)
Result
reported results
Exact text from the filing
serving our markets. We’ll share our plans on the earnings call and beyond.” Full Year 2023 Financial Results • Net revenues from continuing operations for the year totaled $4.8 million • Impairment of remaining goodwill of $25.8 million • Lyte Technologies business was classified as a discontinued operation in 2023 • Net loss from continuing operations was
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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Phunware, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2), 5815(d)(4)(B)).

Exchange
nasdaq
Notice
compliance regained
Deficiency
minimum bid price
Rules
5550(a)(2), 5815(d)(4)(B)
Exact text from the filing
March 12, 2024, we received a letter from Nasdaq notifying us that we demonstrated compliance with the requirements to remain listed on the Nasdaq Capital Market, as required by the Panel. The letter also informed the Company that pursuant to Listing Rule 5815(d)(4)(B), the Company will be subject to a mandatory Panel monitor for a period of one year from the date of this letter. If, within that one-year monitoring period, the staff finds the Company again out of compliance with the requirement that was the subject of the exception, notwithstanding Rule 5810(c)(2), the Company will not be perm
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Phunware, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-24-010581
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