{"schema_version":"secwatch.filing_event.v1","accession":"0001828318-24-000062","form_type":"8-K","ticker":"ENVX","cik":"0001828318","company_name":"Enovix Corp","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.462517+00:00","generated_at":"2026-06-03T03:12:25.377602+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Enovix Q1 revenue $5.3M beats guidance; non-GAAP gross profit positive for first time","bullets":["Revenue of $5.3M (up from $21K YoY) exceeded guidance of $3.5-4.5M; non-GAAP gross profit turned positive.","GAAP EPS loss $0.28; non-GAAP EPS loss $0.31; Adjusted EBITDA loss $26.3M.","Fab2 Gen2 Agility Line FAT complete; EX-1M sampling in Q2; development deal with top-5 smartphone OEM.","Targeting >$35M annual fixed cost cut by year-end; cash $262.4M at quarter-end.","Q2 2024 guidance: revenue $3-4M, adjusted EBITDA loss $26-32M, non-GAAP EPS loss $0.22-0.28."],"urls":{"canonical":"https://secwatch.observer/filing/0001828318-24-000062","json":"https://secwatch.observer/filing/0001828318-24-000062.json","markdown":"https://secwatch.observer/filing/0001828318-24-000062.md","text":"https://secwatch.observer/filing/0001828318-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828318/000182831824000062/0001828318-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828318/000182831824000062/envx-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:12:25.377602+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":"8f59987de03f682d05c4d5454ddcdfd64a0366da","claim":"Enovix Corp reported first fiscal quarter ended March 31, 2024 results: revenue $5.3 million.","evidence_excerpt":"collaborating with leading customers ahead of shipping first samples of our breakthrough EX-1M battery. Our recent highlights include: • Strong top-line growth: Revenue of $5.3 million in the first quarter of 2024, up from $21,000 in the first quarter of 2023 and above our forecast of $3.5 million to $4.5 million due to outperformance from batteries sold to IoT","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828318/000182831824000062/0001828318-24-000062-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$5.3 million"},{"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"}