secwatch.observer — SEC 8-K summary
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Issuer:     Beam Global (BEEM)
CIK:        0001398805
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001683168-23-001893
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beam Global reports record FY2022 revenue $22M (+144% YoY); gross loss narrows to 8% of sales
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- Record full-year revenue $22.0M, up 144% YoY; Q4 revenue $7.9M, up 126% YoY.
- Record annual orders $76M, up 548% YoY; largest order $29.4M from U.S. Army.
- Gross loss improved to 8% of sales (full year) from 11% prior year; Q4 gross loss 9% of sales.
- Cash at Dec 31, 2022 was $1.7M, down from $21.9M; working capital $6.8M.
- Operating expenses $18.0M for full year, up from $5.6M, driven by $5.5M non-cash contingent consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1398805/000168316823001893/0001683168-23-001893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1398805/000168316823001893/beam_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-001893

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