secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001836875-22-000095
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve Q3 2022 revenue $0.6M (-52% YoY), net loss $8.3M
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- Revenue of $0.6M, down 52.4% YoY; products and services revenue fell $0.2M, grants down $0.4M.
- Net loss of $8.3M vs $7.0M in Q3 2021; SG&A rose to $7.2M from $6.6M.
- Cash and equivalents $21.6M at Sep 30, 2022; cash operating costs fell sequentially to $7.8M.
- Partnered with San Diego Gas & Electric for emergency load reduction; also with Vistra for school bus grants.
- Megawatts under management 16.3; backlog $4.2M; CEO cites supply chain and inflation headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687522000095/0001836875-22-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687522000095/nvve-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001836875-22-000095

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