{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-007527","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.826577+00:00","generated_at":"2026-06-09T04:55:34.434991+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Volcon Q3 revenue $0.5M, net loss $11.3M; Stag delayed to Nov, regains Nasdaq compliance","bullets":["Q3 revenue $487K; net loss $11.3M vs $23.0M in Q2; nine-month net loss $41.7M.","Stag launch delayed from October to November 2023; Runt LT deferred to 2024.","Dealer count dropped to 133 from 143; entered accounts receivable factoring with Prestige Capital.","Regained Nasdaq compliance on Oct 30 after bid price above $1.00 for 10 consecutive days.","Adjusted EBITDA loss of $8.9M in Q3 vs $4.2M in Q2; inventory write-down of $1.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-007527","json":"https://secwatch.observer/filing/0001683168-23-007527.json","markdown":"https://secwatch.observer/filing/0001683168-23-007527.md","text":"https://secwatch.observer/filing/0001683168-23-007527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823007527/0001683168-23-007527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823007527/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:55:34.434991+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":"00638dedccf52f0a1a0385c7fb74cf903340e028","claim":"Empery Digital Inc. reported the three months ended September 30, 2023 results: revenue $487,430, net income $(11,327,896).","evidence_excerpt":"Financial highlights: 3 Months Ended Nine Months Ended September GAAP September 30, 2023 June 30, 2023 March 31, 2023 2023 2022 Revenue $ 487,430 $ 519,300 $ 1,170,458 $ 2,177,188 $ 3,795,065 Cost of goods sold (3,542,468 ) (334,647 ) (1,229,981 ) (5,107,096 ) (11,549,871 ) Gross Margin (3,055,038 ) 184,653 ) (59,523 ) (2,929,908 ) (7,754,806 ) Sales & Marketing 1,870,532 2,380,617 1,789,370 6,040,519 3,942,827 Product Development 2,983,197 1,166,732 1,786,351 5,936,280 6,775,768 General & Administrative 1,544,344 1,568,700 1,890,091 5,003,135 7,409,601 Total Operating Expenses 6,398,073 5,116,049 5,465,812 16,979,934 18,128,196 Loss from Operations (9,453,111 ) (4,931,396 ) (5,525,335 ) (19,909,842 ) (25,883,002 ) Other Income (Expense) (1,874,785 ) (18,096,798 ) (1,774,134 ) (21,745,717 ) (554,989 ) Net loss $ (11,327,896 ) $ (23,028,194 ) $ (7,299,469 ) $ (41,655,559 ) $ (26,437,991 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823007527/0001683168-23-007527-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Revenue","value":"$487,430"},{"label":"Net income","value":"$(11,327,896)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"51262245107095e1cb3bc0ad324d322e7c465ee1","claim":"Empery Digital Inc. reported the nine months ended September 30, 2023 results: revenue $2,177,188, net income $(41,655,559).","evidence_excerpt":"Financial highlights: 3 Months Ended Nine Months Ended September GAAP September 30, 2023 June 30, 2023 March 31, 2023 2023 2022 Revenue $ 487,430 $ 519,300 $ 1,170,458 $ 2,177,188 $ 3,795,065 Cost of goods sold (3,542,468 ) (334,647 ) (1,229,981 ) (5,107,096 ) (11,549,871 ) Gross Margin (3,055,038 ) 184,653 ) (59,523 ) (2,929,908 ) (7,754,806 ) Sales & Marketing 1,870,532 2,380,617 1,789,370 6,040,519 3,942,827 Product Development 2,983,197 1,166,732 1,786,351 5,936,280 6,775,768 General & Administrative 1,544,344 1,568,700 1,890,091 5,003,135 7,409,601 Total Operating Expenses 6,398,073 5,116,049 5,465,812 16,979,934 18,128,196 Loss from Operations (9,453,111 ) (4,931,396 ) (5,525,335 ) (19,909,842 ) (25,883,002 ) Other Income (Expense) (1,874,785 ) (18,096,798 ) (1,774,134 ) (21,745,717 ) (554,989 ) Net loss $ (11,327,896 ) $ (23,028,194 ) $ (7,299,469 ) $ (41,655,559 ) $ (26,437,991 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823007527/0001683168-23-007527-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Revenue","value":"$2,177,188"},{"label":"Net income","value":"$(41,655,559)"},{"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"}