---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-008144"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:40:51.937031+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beam Global Q3 2024: Revenue $11.5M, gross margin 10.7%, net income $1.3M

## Summary
- Revenue of $11.5M, second highest Q3 ever, down 22% from Q2 2024 due to order timing and election uncertainty.
- Gross margin 10.7% of sales (up 9pp YoY); net of non-cash items gross margin was 17.6%.
- Net income of $1.3M vs net loss $3.6M in Q3 2023, driven by $6.1M non-cash reversal of contingent consideration.
- Pipeline over $200M record; backlog $7M; debt free with $100M credit line unused.
- Operational: acquired Telcom for in-house power electronics; launched 4 new products; first European order delivered.

## SEC filing metadata
- accession: 0001683168-24-008144
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316824008144/0001683168-24-008144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316824008144/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-008144
- JSON: https://secwatch.observer/filing/0001683168-24-008144.json
- Plain text: https://secwatch.observer/filing/0001683168-24-008144.txt

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