Volcon FY 2022 revenue $4.5M, net loss $34.2M; Brat deliveries begin

Empery Digital Inc.

FY 2022 revenue $4.5M (up from $0.4M in FY 2021); Q4 2022 revenue $752K.
Net loss FY 2022 $34.2M (vs $40.1M in FY 2021); Adjusted EBITDA loss $28.0M.
Gross margin negative $8.9M; cost of goods sold $13.4M; operating expenses $23.2M.
151 dealers signed; Brat e-bike deliveries began Dec 2022; Stag pre-orders >$116M.
Grunt EVO and Runt expected Q2 2023; Stag deliveries expected late Q2 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Empery Digital Inc. reported fiscal year 2022 results: revenue $4.6 million, net income $34.2 million.

Period: fiscal year 2022
Revenue: $4.6 million
Net income: $34.2 million
Result: reported results

Exact text from the filing

the Grunt to prepare for the launch of the Grunt EVO. Lower Grunt sales were offset by sales of the Brat in the fourth quarter of 2022. The Company’s revenue for fiscal 2022 was $4.6 million compared to $0.4 million for fiscal 2021. In fiscal 2021 the Company had just begun selling the Grunt in September 2021. 2 · Net loss: The Company’s net loss was $7.8 million for

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Empery Digital Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-001347

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.