---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-001632"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T16:29:38.697521+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Volcon Q4 2024 revenue $0.9M, net loss $5.2M; raises $19.5M in Feb 2025

## Summary
- Q4 2024 revenue $0.9M (vs Q3 $1.1M); net loss $5.2M; adjusted EBITDA loss $5.0M.
- Cost of goods sold includes $2.5M charge for Stag/EVO supply termination; gross margin negative.
- Raised $19.5M in Feb 2025 from ATM ($9.1M) and unit offering ($10.7M at $2/unit).
- Board authorized $2M share repurchase program in March 2025, expiring March 2026.
- Exclusive U.S. distribution for Super Sonic golf carts (Vietnam low tariff) and Venom supply with $2.4M PO.

## SEC filing metadata
- accession: 0001683168-25-001632
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2025-03-17T23:59:59+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/1829794/000168316825001632/0001683168-25-001632-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316825001632/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-001632
- JSON: https://secwatch.observer/filing/0001683168-25-001632.json
- Plain text: https://secwatch.observer/filing/0001683168-25-001632.txt

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