{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-001104","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2025-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.802308+00:00","generated_at":"2026-05-26T11:26:17.079475+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mullen Q1 net loss $114.9M; cash burn slashed 58%, but cash drops to $2.7M","bullets":["Net loss attributable to common shareholders of $114.9M ($661.33 loss per share) vs $61.4M loss year ago.","Invoiced $4.4M on 58 vehicles; recognized $2.9M revenue; Bollinger segment recognized $2.8M on 20 B4 trucks.","Cash and restricted cash fell to $2.7M from $10.7M; working capital negative $186.2M ($41.2M adj. for derivatives).","Spent $27.8M cash from ops and investing, down 58.4% from $66.8M; further $13M annual cost cuts implemented Feb. 1, 2025.","Raised $8.8M via senior secured convertible notes/warrants and $1M from equity line; Bollinger received $10M loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-001104","json":"https://secwatch.observer/filing/0001829126-25-001104.json","markdown":"https://secwatch.observer/filing/0001829126-25-001104.md","text":"https://secwatch.observer/filing/0001829126-25-001104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625001104/0001829126-25-001104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625001104/mullenautomotive_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T11:26:17.079475+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"}