{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-24-000806","form_type":"8-K","ticker":null,"cik":"0001901305","company_name":"Forza X1, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.147719+00:00","generated_at":"2026-06-01T23:41:25.035064+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"low","headline":"Forza X1 Q1 2024: Cash down to $9.95M; no revenue/EPS disclosed","bullets":["Cash and equivalents $9.95M vs $12.80M at Dec 31, 2023 – burn of ~$2.85M in Q1.","Company reports reduced cash burn via lower SG&A and R&D spending.","No revenue or net income figures provided; filing lacks standard financial data.","Management cites deceleration in recreational marine EV demand and slower EV adoption.","Implementing capital expenditure cuts, workforce optimization, and expense management."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-24-000806","json":"https://secwatch.observer/filing/0001731122-24-000806.json","markdown":"https://secwatch.observer/filing/0001731122-24-000806.md","text":"https://secwatch.observer/filing/0001731122-24-000806.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901305/000173112224000806/0001731122-24-000806-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901305/000173112224000806/e5675_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:41:25.035064+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":"aa86b32573fa08ecdaae39f459fdfc8560ac5eec","claim":"Forza X1, Inc. reported financial results for three months ended March 31, 2024.","evidence_excerpt":"issued a press release announcing its financial results for the quarter ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901305/000173112224000806/0001731122-24-000806-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"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"}