{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-22-000146","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.778370+00:00","generated_at":"2026-06-22T09:29:15.619709+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":"Virgin Galactic Q3 net loss widens to $146M; cash $1.1B; on track for Q2 2023 commercial launch","bullets":["Net loss of $146M vs $48M in Q3 2021; adjusted EBITDA -$129M vs -$68M.","Cash and equivalents of $1.1B; free cash flow -$107M; raised $100M via ATM offering in August.","Selected Bell Textron and Qarbon Aerospace as primary suppliers for Delta Class spaceships; first expected in 2025.","Commercial service launch remains on track for Q2 2023; multiple test flights planned.","R&D expenses nearly tripled to $97M from $34M YoY, driving wider operating losses."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-22-000146","json":"https://secwatch.observer/filing/0001706946-22-000146.json","markdown":"https://secwatch.observer/filing/0001706946-22-000146.md","text":"https://secwatch.observer/filing/0001706946-22-000146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694622000146/0001706946-22-000146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694622000146/spce-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T09:29:15.619709+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":"49fcfc2a29ad8797098e4adff5ff98d982ff997e","claim":"Virgin Galactic Holdings, Inc reported the third quarter ended September 30, 2022 results: net income Net loss of $146 million.","evidence_excerpt":"Virgin Galactic Announces Third Quarter 2022 Financial Results And Provides Business Update","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694622000146/0001706946-22-000146-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Net income","value":"Net loss of $146 million"},{"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"}