secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001836875-23-000142
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve Q2 2023 revenue up 63% YoY to $2.1M; net loss widens to $8.0M
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- Revenue $2.1M vs $1.3M YoY; product & service revenue driven by DC/AC charger sales of $1.54M.
- Net loss $8.0M vs $5.5M YoY; cash operating costs reduced to $7.3M from $8.3M.
- Backlog increased to $6.1M from $4.2M QoQ; MW under management 20 MW (+9% QoQ).
- Introduced Nuvve K-12 division for school bus electrification; secured largest DC Fast Charger order (25 units).
- Cash and equivalents $11.1M as of June 30, 2023; no guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687523000142/0001836875-23-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687523000142/nvve-20230810.htm
  HTML page:      https://secwatch.observer/filing/0001836875-23-000142

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