---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001347"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T10:02:29.406256+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-23-001347
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829794/000168316823001347/0001683168-23-001347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823001347/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001347
- JSON: https://secwatch.observer/filing/0001683168-23-001347.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001347.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823001347/0001683168-23-001347-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.