secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001841125-25-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bolt Projects Q1 rev $171K (9x YoY), net loss $6.0M; guides FY25 rev ≥$4.5M
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- Q1 revenue $171K vs $19K YoY, driven by shipments to Goddess Maintenance and reorders.
- Net loss $6.0M ($3.00 per share) vs $6.6M YoY; adjusted EBITDA -$3.1M.
- Cash and cash equivalents $1.0M at Mar 31, down from $3.5M at Dec 31, 2024.
- FY2025 revenue guidance at least $4.5M; FY2026 at least $9.0M; expects positive gross profit both years.
- Added 7 granted patents in Q1; completed 20-to-1 reverse stock split on April 22, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000184112525000074/0001841125-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000184112525000074/bslk-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001841125-25-000074

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