{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-005675","form_type":"8-K","ticker":"ADNH","cik":"0001744494","company_name":"ADVENT TECHNOLOGIES HOLDINGS, INC.","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.387811+00:00","generated_at":"2026-05-31T08:29:28.581886+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Advent Technologies Q4 2023 net loss $25.7M; revenue down 3.6% YoY; strategic pivot to MEA licensing","bullets":["Q4 2023 revenue + grants of $2.3M, down 3.6% YoY; full year revenue + grants $7.4M, down 20.9% YoY.","Net loss of $25.7M ($12.04/share); adjusted net loss $22.1M ($10.32/share); operating expenses $44.6M.","Unrestricted cash $3.6M at Dec 31, 2023; CEO reports 70% cost reduction from restructuring.","Closed non-profitable subsidiaries in Boston, Denmark, Philippines; pivoting to MEA manufacturing and licensing.","Partnerships include Airbus $13M JDA, US DoD $5M contracts, and Hyundai JDA for fuel cell tech."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-005675","json":"https://secwatch.observer/filing/0001829126-24-005675.json","markdown":"https://secwatch.observer/filing/0001829126-24-005675.md","text":"https://secwatch.observer/filing/0001829126-24-005675.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1744494/000182912624005675/0001829126-24-005675-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1744494/000182912624005675/adventtechnologies_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:29:28.581886+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"}