secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak AI, Inc. (KDK)
CIK:        0001853138
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032092
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak AI reports Q1 revenue $1.8M (+74% QoQ), announces $100M PIPE financing
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- Q1 revenue of $1.8M, up 74% QoQ; net cash used in operations $29.5M.
- Ended Q1 with $90.2M cash; $100M PIPE (15.4M shares at $6.50 + warrants at $6.00) not yet included.
- Deployed 8 additional driverless trucks, total 28; cumulative driverless hours >23,500 (+120% from Q4 2025).
- Free cash flow (Non-GAAP) negative $35.0M in Q1.
- PIPE includes institutional investors and Ares affiliate; proceeds for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853138/000162828026032092/0001628280-26-032092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853138/000162828026032092/aur-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032092

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