{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-25-000149","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.220977+00:00","generated_at":"2026-05-16T20:28:01.529711+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 Q3 net loss $64M, cash $424M; first commercial flight on track for Q4 2026","bullets":["Net loss of $64M, revenue $0.4M flat YoY; adjusted EBITDA $(53)M.","Cash $424M; free cash flow $(108)M; net cash used in ops $(56)M; capex $51M.","First commercial spaceflight on track for Q4 2026; flight tests start Q3 2026.","First sales tranche for new SpaceShips expected Q1 2026; 90% structural parts in factory Q4 2025.","Issued 7.4M shares via ATM for $23M gross proceeds in Q3 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-25-000149","json":"https://secwatch.observer/filing/0001706946-25-000149.json","markdown":"https://secwatch.observer/filing/0001706946-25-000149.md","text":"https://secwatch.observer/filing/0001706946-25-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694625000149/0001706946-25-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694625000149/spce-20251113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:28:01.529711+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}