secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001836875-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve Q4 2023 revenue up 43% to $1.64M; net loss narrows to $7.3M
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- Revenue $1.64M, up 43.4% YoY; products $1.05M, grid services $0.20M, engineering $0.27M.
- Net loss $7.3M vs $7.7M YoY; cash operating loss reduced to $6.5M from $7.7M.
- Megawatts under management up 18.4% to 25.1 MW as of Dec 31, 2023.
- Cash $1.5M at Dec 31; raised $9.6M gross in Jan 2024 public offering.
- Announced RFP award for Taiwan's first V2G hub; cost savings initiatives ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687524000034/0001836875-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687524000034/nvve-20240328.htm
  HTML page:      https://secwatch.observer/filing/0001836875-24-000034

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