secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001819493-23-000250
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xos Q3: record 105 units (+176% QoQ), revenue $16.7M, GAAP gross margin 11.9%
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- Delivered 105 units in Q3 2023, a 176% increase over Q2 2023 and highest quarterly volume to date.
- Revenue of $16.7M, compared to $4.8M in Q2 2023.
- GAAP gross margin of 11.9%; per-unit gross margins up to 20%.
- Net loss of $14.1M; non-GAAP operating loss of $11.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000250/0001819493-23-000250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000250/xos-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001819493-23-000250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer