{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-23-000096","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.930600+00:00","generated_at":"2026-06-12T18:35:03.870509+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Virgin Galactic Q2 revenue $2M, net loss $134M; first commercial flight completed","bullets":["Revenue $2M (up from $0.4M YoY); net loss $134M vs $111M in Q2 2022.","Adjusted EBITDA -$116M; free cash flow -$135M; cash burn $125M in operating activities.","Cash & equivalents $980M after raising $241M via ATM issuance of 55M shares.","Completed 'Galactic 01' commercial flight in June; 'Galactic 02' with private astronauts scheduled Aug 10.","Delta Class spaceships on schedule for commercial service in 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-23-000096","json":"https://secwatch.observer/filing/0001706946-23-000096.json","markdown":"https://secwatch.observer/filing/0001706946-23-000096.md","text":"https://secwatch.observer/filing/0001706946-23-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000096/0001706946-23-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000096/spce-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:35:03.870509+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":"822dad9c5c1915f170c778d2270e57f167d8d06b","claim":"Virgin Galactic Holdings, Inc reported second quarter ended June 30, 2023 results: revenue $2 million, net income Net loss of $134 million.","evidence_excerpt":"with cash, cash equivalents and marketable securities of $980 million as of June 30, 2023, a sequential increase of $106 million from the first quarter of 2023. • Revenue of $2 million, compared to $0.4 million in the second quarter of 2022, driven by commercial spaceflight and membership fees related to future astronauts. • Net loss of $134 million, compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000096/0001706946-23-000096-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$2 million"},{"label":"Net income","value":"Net loss of $134 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"}