---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-000509"
form_type: "8-K"
ticker: null
cik: "0001901305"
company_name: "Forza X1, Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:25:25.202573+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "medium"
source: SEC EDGAR
---

# Forza X1 reports FY2023 results; cash flat at $12.8M, no revenue disclosed

## Summary
- Cash and marketable securities ~$12.8M at Dec 31, 2023, virtually unchanged from $12.8M at Dec 31, 2022.
- Announced autonomous AI technology partnership for recreational sport boats.
- Construction of 60,000 sq ft manufacturing facility in Marion, NC progressing on schedule.
- Outboard motor underwent extensive redesign; endurance testing underway with 2,000-hour test.
- Discussions with marine manufacturers to offer electrification expertise as a service.

## SEC filing metadata
- accession: 0001731122-24-000509
- form_type: 8-K
- cik: 0001901305
- company_name: Forza X1, Inc.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901305/000173112224000509/0001731122-24-000509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901305/000173112224000509/e5530_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-000509
- JSON: https://secwatch.observer/filing/0001731122-24-000509.json
- Plain text: https://secwatch.observer/filing/0001731122-24-000509.txt

## Key facts
- Earnings Releases
  Forza X1, Inc. reported financial results for the year ended December 31, 2023.
  - Period: the year ended December 31, 2023
  - Result: reported results
  source text: On March 26, 2024, Forza X1, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901305/000173112224000509/0001731122-24-000509-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.