{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-002974","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.958871+00:00","generated_at":"2026-06-15T17:22:08.788460+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Volcon Q1 revenue $1.2M, net loss $7.3M; Stag pre-orders >$113M","bullets":["Revenue $1.17M in Q1 2023, up from $0.75M in Q4 2022; net loss $7.3M vs $7.8M in Q4.","Adjusted EBITDA loss $4.4M vs $5.4M; gross margin improved to ($0.06M) from ($1.1M).","143 dealers as of Mar 31 (down 8); targeting 250 by end 2023; Stag pre-orders >$113M potential revenue.","Brazil distributor deal with $12M minimum over 3 years; Grunt EVO and Runt LT launch expected Q2 2023.","Electrameccanica (SOLO) selected for final assembly of Grunt EVO, RUNT, Stag in Mesa, AZ."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-002974","json":"https://secwatch.observer/filing/0001683168-23-002974.json","markdown":"https://secwatch.observer/filing/0001683168-23-002974.md","text":"https://secwatch.observer/filing/0001683168-23-002974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823002974/0001683168-23-002974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823002974/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T17:22:08.788460+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"607cafa8d953745a1be4faf28e3d5c556b316ef6","claim":"Empery Digital Inc. reported first quarter of 2023 results: revenue $ 1,170,458, net income $ (7,299,469 ).","evidence_excerpt":"Financial highlights: GAAP 3 Months Ended March 31, 2023 December 31, 2022 September 30, 2022 Revenue $ 1,170,458 $ 751,621 $ 242,710 Cost of goods sold (1,229,981 ) (1,862,949 ) (2,012,829 ) Gross Margin (59,523 ) (1,111,328 ) (1,770,119 ) Sales & Marketing 1,789,370 1,751,729 1,282,014 Product Development 1,786,351 1,680,389 2,177,347 General & Administrative 1,890,091 1,637,176 2,085,211 Total Operating Expenses 5,465,812 5,069,294 5,544,572 Loss from Operations (5,525,335 ) (6,180,622 ) (7,314,691 ) Other Income (Expense) (1,774,134 ) (1,616,791 ) (584,493 ) Net loss $ (7,299,469 ) $ (7,797,413 ) $ (7,899,184 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823002974/0001683168-23-002974-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$ 1,170,458"},{"label":"Net income","value":"$ (7,299,469 )"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}