{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003060","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.489685+00:00","generated_at":"2026-06-02T19:53:31.592139+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Volcon Q1 2024 net loss $26M on warrant revaluation; Stag deliveries begin","bullets":["Revenue $1.03M, flat QoQ; gross margin negative $0.59M.","Net loss $26.05M includes $19.8M loss on warrant liabilities revaluation.","Adjusted EBITDA loss $4.1M, improved from $9.4M in Q4 2023.","First Stag deliveries began in May 2024; Nasdaq compliance extension until June 24, 2024.","Company cancels Runt LT launch; evaluating new two-wheel products."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003060","json":"https://secwatch.observer/filing/0001683168-24-003060.json","markdown":"https://secwatch.observer/filing/0001683168-24-003060.md","text":"https://secwatch.observer/filing/0001683168-24-003060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316824003060/0001683168-24-003060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316824003060/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:53:31.592139+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":"43182267edbfe31e9625af7c2eb2417ff09330ed","claim":"Empery Digital Inc. reported the quarter ended March 31, 2024 results: revenue $1,033,548, net income $(26,048,044).","evidence_excerpt":"move forward with reducing cost of operations and production.” 1 Financial highlights: 3 Months Ended GAAP March 31, 2024 December 31, 2023 September 30, 2023 Revenue $ 1,033,548 $ 1,083,800 $ 487,430 Cost of goods sold (1,621,580 ) (6,283,944 ) (3,542,468 ) Gross Margin (588,032 ) (5,200,144 ) (3,055,038 Sales & Marketing 760,564 1,365,186 1,870,532","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316824003060/0001683168-24-003060-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$1,033,548"},{"label":"Net income","value":"$(26,048,044)"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}