secwatch.observer — SEC 8-K summary
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Issuer:     Freight Technologies, Inc. (FRGT)
CIK:        0001687542
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0001641172-25-011612
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freight Technologies narrows Q1 loss to $1.6M; lowers FY2025 revenue guidance on tariff headwinds
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- Net loss improved to $1.6M from $2.3M YoY; gross margin rose to 12.4% from 5.4%.
- FY2025 revenue guidance lowered to $20M-$23M; cites tariffs on US-Mexico cross-border trade.
- Launched Fleet Rocket TMS and purchased $5.2M of FET tokens for AI development.
- FY2025 gross profit guided to $2M-$2.8M; operating loss between ($4.2M) and ($5.5M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/0001641172-25-011612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-011612

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