---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-003401"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:51:29.224426+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beam Global Q1 revenue record $13M (+245% YoY); net loss $3.8M

## Summary
- Revenue $13.0M, up 245% YoY and 65% QoQ; gross profit positive $0.005M vs gross loss $0.3M in Q1 2022.
- Net loss $3.8M, compared to $2.3M in Q1 2022; non-cash items $0.9M.
- Cash $1.0M at March 31, 2023; $5M at time of reporting (May 15); $100M credit facility undrawn.
- Record backlog $52M; order pipeline $117-132M; EV ARC deployments +233% YoY.
- EV ARC sales price hiked 8.25% effective May 1, 2023; management expects further margin improvements.

## SEC filing metadata
- accession: 0001683168-23-003401
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316823003401/0001683168-23-003401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823003401/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-003401
- JSON: https://secwatch.observer/filing/0001683168-23-003401.json
- Plain text: https://secwatch.observer/filing/0001683168-23-003401.txt

## Key facts
- Earnings Releases
  Beam Global reported quarter ended March 31, 2023 results: revenue $13.0 million, net income Net loss was $3.8 million for the three months ended March 31, 2023.
  - Period: quarter ended March 31, 2023
  - Revenue: $13.0 million
  - Net income: Net loss was $3.8 million for the three months ended March 31, 2023
  - Result: reported results
  source text: forward to breaking more records in the coming periods.” First Quarter 2023 Financial Summary Revenues For the first quarter of 2023, Beam Global reported record revenues of $13.0 million, a 245% increase over the same period in 2022 and a 65% increase over the prior quarter. The increase in revenues resulted primarily from growth in deliveries to federal
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823003401/0001683168-23-003401-index.htm

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