secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001683168-23-001347
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823001347/0001683168-23-001347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823001347/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-001347

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