{"schema_version":"secwatch.filing_event.v1","accession":"0001758766-24-000147","form_type":"8-K","ticker":"STEM","cik":"0001758766","company_name":"STEM, INC.","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.431941+00:00","generated_at":"2026-05-31T12:21:29.992451+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Stem Q2 revenue down 63% YoY, net loss $582M on $547M goodwill impairment; cuts FY2024 guidance","bullets":["Revenue $34.0M ($93.0M in 2Q23); GAAP net loss $582.3M vs income $19.1M from $547M non-cash goodwill impairment.","Adjusted EBITDA -$11.3M vs -$9.5M; bookings $25.4M, down 89% from $236.4M; CARR $90.1M (+20% YoY).","Full year 2024 guidance revised lower; expects positive operating cash flow and no need for equity raise.","CFO Bill Bush steps down September 2, 2024; Doran Hole appointed as successor in planned succession.","Ended 2Q24 with $89.6M cash; operating cash flow -$11.9M vs -$165.4M in 2Q23."],"urls":{"canonical":"https://secwatch.observer/filing/0001758766-24-000147","json":"https://secwatch.observer/filing/0001758766-24-000147.json","markdown":"https://secwatch.observer/filing/0001758766-24-000147.md","text":"https://secwatch.observer/filing/0001758766-24-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758766/000175876624000147/0001758766-24-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758766/000175876624000147/stem-20240806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:21:29.992451+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"}