---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005584"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T15:13:56.209732+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Volcon Q2 revenue $0.5M; net loss $23M on $22.3M extinguishment charge

## Summary
- Revenue $519,300, down 56% from Q1 2023; no Grunt sales in Q2.
- Net loss $23.0M vs $7.3M in Q1; includes $22.3M loss on convertible note extinguishment.
- Adjusted EBITDA loss $1.3M, improved from $4.4M loss in Q1.
- Stag launch delayed to Q4 2023; pre-orders over $115M (cancelable).
- Grunt EVO and Runt LT launches expected Q3 and Q4 2023; production moved to Mexico.

## SEC filing metadata
- accession: 0001683168-23-005584
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1829794/000168316823005584/0001683168-23-005584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005584/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005584
- JSON: https://secwatch.observer/filing/0001683168-23-005584.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005584.txt

## Key facts
- Earnings Releases
  Empery Digital Inc. reported the three and six months ended June 30, 2023 results: revenue $ 519,300, net income $ (23,028,194 ).
  - Period: the three and six months ended June 30, 2023
  - Revenue: $ 519,300
  - Net income: $ (23,028,194 )
  - Result: reported results
  source text: until they are fulfilled. 1 Financial highlights: 3 Months Ended Six Months Ended GAAP June 30, 2023 March 31, 2023 December 31, 2022 June 30, 2023 June 30, 2022 Revenue $ 519,300 $ 1,170,458 $ 751,621 $ 1,689,758 $ 3,552,355 Cost of goods sold (334,647 ) (1,229,981 ) (1,862,949 ) (1,564,628 ) (9,537,042 ) Gross Margin 184,653 (59,523 ) (1,111,328 ) 125,130
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005584/0001683168-23-005584-index.htm

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