{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-044474","form_type":"8-K","ticker":"FRVO","cik":"0001853868","company_name":"Fervo Energy Co","filed_at":"2026-06-22T11:04:46+00:00","discovered_at":"2026-06-22T11:10:00.273914+00:00","generated_at":"2026-06-22T11:11:22.779686+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Fervo Energy reports Q1 2026 net loss $31.8M; Cape Station Phase I on track for Q4 2026 first power","bullets":["Completed IPO on May 14: 80.5M shares at $27.00, gross proceeds $2.2B, above revised range.","Q1 2026 operating loss $20.1M, net loss $31.8M; capex $172.8M (up 64% YoY).","Cape Station Phase I (100 MW) commissioning underway, first power Q4 2026; Phase II (400 MW) COD 2028.","Closed $421.4M non-recourse project financing for Cape Phase I; signed 3 GW framework with Google.","Expects ~$1.2B capex from Q2 2026 through Q1 2027 for Cape Station and GeoClusters."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-044474","json":"https://secwatch.observer/filing/0001628280-26-044474.json","markdown":"https://secwatch.observer/filing/0001628280-26-044474.md","text":"https://secwatch.observer/filing/0001628280-26-044474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853868/000162828026044474/0001628280-26-044474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853868/000162828026044474/frvo-20260622.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T11:11:22.779686+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":"c5307f673c420f7e380d860d81beda438e0469d2","claim":"Fervo Energy Co reported the first quarter ended March 31, 2026 results: net income net loss of $31.8 million.","evidence_excerpt":"Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO), a leading technology-enabled independent power producer of Enhanced Geothermal Systems (EGS), today reported financial and operational results for the first quarter ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853868/000162828026044474/0001628280-26-044474-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Net income","value":"net loss of $31.8 million"},{"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"}