secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001836875-23-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve Q4 2022 revenue $1.15M (-8% YoY); net loss improves to $7.9M; cash $15.8M
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- Revenue $1.15M in Q4 2022, down 8% YoY from $1.25M; net loss attributable to common stockholders $7.9M vs $9.5M loss in Q4 2021.
- Cash and cash equivalents $15.8M as of Dec 31, 2022; cash operating costs reduced to $7.7M in Q4 from $7.8M in Q3.
- Megawatts under management up 7% to 17.4 MW; backlog $4.1M at Dec 31, 2022.
- Partnership with Circle K for grid services at 50 stations in Norway/Denmark; represented 10 school districts securing $24.2M in EPA Clean School Bus Rebate awards.
- Expects record DC fast charger orders in Q1 2023 and higher hardware shipments than any quarter in 2022/2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687523000061/0001836875-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687523000061/nvve-20230331.htm
  HTML page:      https://secwatch.observer/filing/0001836875-23-000061

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