{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-003359","form_type":"8-K","ticker":"ADNH","cik":"0001744494","company_name":"ADVENT TECHNOLOGIES HOLDINGS, INC.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.349631+00:00","generated_at":"2026-06-15T01:21:17.958009+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Advent Q1 revenue $1.5M total, net loss $12M; Hyundai JDA and Hood Park facility opened","bullets":["Revenue $1.0M plus grants $0.5M for $1.5M total; net loss $(12.0)M or $(0.23)/share.","Unrestricted cash $19.5M at March 31, 2023, down $13.4M from Dec 31, 2022, due to R&D and capex.","Entered Joint Development Agreement with Hyundai after successful HT-PEM MEA technology assessment.","Collaboration with Siemens Energy for maritime fuel cell; initial order for 20 Serene systems.","Opened Hood Park R&D/manufacturing facility in Boston; agreement with BASF for closed-loop supply chain."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-003359","json":"https://secwatch.observer/filing/0001829126-23-003359.json","markdown":"https://secwatch.observer/filing/0001829126-23-003359.md","text":"https://secwatch.observer/filing/0001829126-23-003359.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1744494/000182912623003359/0001829126-23-003359-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1744494/000182912623003359/adventtechnologies_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:21:17.958009+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":"396c359ce76c46f7a8965a2617906f729328c03a","claim":"ADVENT TECHNOLOGIES HOLDINGS, INC. reported the three months ended March 31, 2023 results: revenue $1.0 million, net income $(12.0) million, EPS $(0.23) per share.","evidence_excerpt":"Q1 2023 Financial Highlights (All comparisons are to Q1 2022, unless otherwise stated) ● Revenue of $1.0 million and income from grants of $0.5 million, for a total of $1.5 million. ● Operating expenses of $11.6 million, a year-over-year decrease of $1.0 million, as administrative cost reductions implemented throughout 2022 were partially offset by an increase in research and development expenses. ● Net loss in Q1 of $(12.0) million or $(0.23) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1744494/000182912623003359/0001829126-23-003359-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$1.0 million"},{"label":"Net income","value":"$(12.0) million"},{"label":"EPS","value":"$(0.23) per share"},{"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"}