{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-24-000036","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.185651+00:00","generated_at":"2026-06-05T12:12:40.637562+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 Q4 revenue $3M, net loss $104M; cash $982M, Delta on track for 2026","bullets":["Q4 2023 revenue $3M (vs $1M Q4 2022); full-year revenue $7M; net loss $104M Q4, $502M FY.","Cash, cash equivalents & marketable securities $982M as of Dec 31, 2023.","Galactic 06 completed Jan 2024; Galactic 07 planned Q2 2024; spaceship factory opens mid-2024.","Delta class spaceships on track for ground/flight testing 2025 and commercial service 2026.","Adjusted EBITDA $(84)M Q4, $(427)M FY; free cash flow $(114)M Q4, $(493)M FY."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-24-000036","json":"https://secwatch.observer/filing/0001706946-24-000036.json","markdown":"https://secwatch.observer/filing/0001706946-24-000036.md","text":"https://secwatch.observer/filing/0001706946-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694624000036/0001706946-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694624000036/spce-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:12:40.637562+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":"47c16430d224c370226723882139f9c99e9889db","claim":"Virgin Galactic Holdings, Inc reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue of $3 million, net income Net loss of $104 million.","evidence_excerpt":"Quarter 2023 Financial Highlights • Cash position remains strong, with cash, cash equivalents and marketable securities of $982 million as of December 31, 2023. • Revenue of $3 million, compared to $1 million in the fourth quarter of 2022, driven by commercial spaceflights and membership fees related to future astronauts. • GAAP total operating expenses of $117","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694624000036/0001706946-24-000036-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Revenue of $3 million"},{"label":"Net income","value":"Net loss of $104 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"}