{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-23-000013","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.217631+00:00","generated_at":"2026-06-18T22:24:54.087317+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Virgin Galactic Q4 net loss $151M, cash $980M; commercial service on track for Q2 2023","bullets":["Net loss of $151M in Q4 2022 vs $81M in Q4 2021; full year net loss $500M vs $353M.","Cash and equivalents $980M as of Dec 31, 2022; free cash flow -$135M in Q4.","Commercial service remains on track for Q2 2023; VMS Eve returned to Spaceport America.","Raised $103.3M from ATM and $425M from convertible notes in 2022.","Adjusted EBITDA -$133M in Q4 vs -$65M in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-23-000013","json":"https://secwatch.observer/filing/0001706946-23-000013.json","markdown":"https://secwatch.observer/filing/0001706946-23-000013.md","text":"https://secwatch.observer/filing/0001706946-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000013/0001706946-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000013/spce-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:24:54.087317+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":"eb1088184fc3f2e1e5d211107dceac5b77174692","claim":"Virgin Galactic Holdings, Inc reported the fourth quarter and full year ended December 31, 2022 results: net income Net loss of $151 million.","evidence_excerpt":"Virgin Galactic Announces Fourth Quarter and Full Year 2022 Financial Results and Provides Business Update","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000013/0001706946-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2022"},{"label":"Net income","value":"Net loss of $151 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"}