secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001836875-24-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve Q1 revenue falls 58% to $0.78M; net loss narrows to $6.7M
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- Revenue $0.78M, down 58% YoY from $1.85M, driven by lower product and service sales.
- Net loss $6.7M vs $7.7M YoY; operating expenses cut to $7.5M from $8.3M.
- Cash and equivalents $5.3M as of March 31, 2024.
- Megawatts under management rose 6% to 26.6 MW; 500th school bus EVSE deployed.
- Selected for Fresno EOC $16M 50-shuttle fleet electrification program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687524000051/0001836875-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687524000051/nvve-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001836875-24-000051

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