---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-003712"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:44:13.028502+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Beam Global Q1 revenue drops 58% YoY to $6.3M; net loss $15.5M on $10.8M goodwill impairment

## Summary
- Q1 2025 revenue $6.3M vs $15.0M in Q1 2024; commercial revenue up 41% YoY but overall decline due to US government sales uncertainty.
- GAAP gross margin 8%; adjusted non-GAAP gross margin 21% (up from 12% in Q1 2024).
- Net loss $15.5M includes $10.8M goodwill impairment; adjusted net loss ex non-cash items $2.8M vs $2.1M in Q1 2024.
- Cash $2.5M as of March 31, 2025; net cash used in ops $1.8M; debt-free with $100M credit line available.
- Backlog $6.3M; expanded international sales with new distribution partners in Europe and Middle East.

## SEC filing metadata
- accession: 0001683168-25-003712
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316825003712/0001683168-25-003712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316825003712/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-003712
- JSON: https://secwatch.observer/filing/0001683168-25-003712.json
- Plain text: https://secwatch.observer/filing/0001683168-25-003712.txt

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