{"schema_version":"secwatch.filing_event.v1","accession":"0001840292-24-000007","form_type":"8-K","ticker":null,"cik":"0001840292","company_name":"Heliogen, Inc.","filed_at":"2024-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.909030+00:00","generated_at":"2026-06-04T08:42:41.525821+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Heliogen reports Q4 revenue -$1.2M, full-year net loss $129.6M; appoints new CFO","bullets":["Net loss Q4 $78.8M, full year $129.6M; includes $52.9M non-cash contract loss provision mainly for Capella Project.","Revenue Q4 $(1.2)M on unfavorable cumulative adjustment; full year $4.4M.","Available liquidity $75.1M (cash $62.7M, investments $12.4M); no debt; operating plan funds into March 2025.","Appointed Phelps Morris as CFO effective April 1, 2024; base salary $400k, 75k RSU award.","Initiated strategic alternatives review with financial advisor; pipeline grew to 2.0 GW (+1.2 GW since Aug 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001840292-24-000007","json":"https://secwatch.observer/filing/0001840292-24-000007.json","markdown":"https://secwatch.observer/filing/0001840292-24-000007.md","text":"https://secwatch.observer/filing/0001840292-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840292/000184029224000007/0001840292-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840292/000184029224000007/hlg-20240325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:42:41.525821+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30c074e2b327fb5d360a4ac6186103e7eb2e3915","claim":"Heliogen, Inc. reported fourth quarter and full year 2023 results: revenue $(1.2) million and $4.4 million, net income $(78.8) million and $(129.6) million.","evidence_excerpt":"For the fourth quarter and full year 2023, Heliogen reported total revenue of $(1.2) million and $4.4 million, respectively, driven primarily by an unfavorable cumulative adjustment of $(3.4) million recorded during the fourth quarter of 2023, as a result of the updated Capella Project cost estimate. For the fourth quarter and full year 2023, Heliogen reported a net loss of $(78.8) million and $(129.6) million, respectively, driven primarily by the recognition of a non-cash provision for contract losses of $52.9 million, associated primarily with the change in estimate for its Capella Project.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840292/000184029224000007/0001840292-24-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year 2023"},{"label":"Revenue","value":"$(1.2) million and $4.4 million"},{"label":"Net income","value":"$(78.8) million and $(129.6) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"819fe026b8","claim":"Alan Gahm departed as Interim Chief Financial Officer at Heliogen, Inc..","evidence_excerpt":"Alan Gahm, who has been serving as the Company’s Interim Chief Financial Officer since January 2024 will step down from his role as the Interim Chief Financial Officer upon the effectiveness of Mr. Morris’s appointment.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840292/000184029224000007/0001840292-24-000007-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"step down"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"b7724d4f89","claim":"Phelps Morris was appointed as Chief Financial Officer at Heliogen, Inc..","evidence_excerpt":"On March 25, 2024, the Company announced that Phelps Morris has been appointed to serve as Chief Financial Officer of the Company, effective April 1, 2024 (the \"Effective Date\").","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840292/000184029224000007/0001840292-24-000007-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}