{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-26-000067","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2026-05-14T20:08:09+00:00","discovered_at":"2026-05-14T20:10:11.182821+00:00","generated_at":"2026-05-14T20:58:59.310638+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 Q1 net loss $65M; cash $251M; flight test on track for Q3 2026","bullets":["Q1 net loss $65M vs $84M YoY; Adjusted EBITDA -$55M, improving from -$72M.","Revenue $0.2M (future astronaut access fees); GAAP operating expenses $66M.","Cash, equivalents, and marketable securities $251M at March 31, 2026.","First SpaceShip in ground test; flight test on track Q3, first spaceflight Q4 2026.","Generated $52M in April ATM proceeds; $87M remaining; redeemed $10M debt via shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-26-000067","json":"https://secwatch.observer/filing/0001706946-26-000067.json","markdown":"https://secwatch.observer/filing/0001706946-26-000067.md","text":"https://secwatch.observer/filing/0001706946-26-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000067/0001706946-26-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000067/spce-20260514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:58:59.310638+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":"49c3b7c9457536ae4c448886125f41d1c9f76b88","claim":"Virgin Galactic Holdings, Inc reported financial results for fiscal quarter ended March 31, 2026.","evidence_excerpt":"On May 14, 2026, Virgin Galactic Holdings, Inc. (the \"Company\") issued a press release announcing certain financial and other results for the fiscal quarter ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000067/0001706946-26-000067-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended March 31, 2026"},{"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"}