{"schema_version":"secwatch.filing_event.v1","accession":"0001898795-24-000113","form_type":"8-K","ticker":"LVWR","cik":"0001898795","company_name":"LiveWire Group, Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.139998+00:00","generated_at":"2026-06-03T08:16:48.720015+00:00","sec_items":["2.02","2.05","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"LiveWire Q1 revenue down 36% to $5.0M, net loss $23.6M; revises FY operating loss guidance to $105-115M","bullets":["Revenue $5.0M (down 36% YoY), net loss $23.6M; Electric Motorcycle units 117 (+86% YoY).","STACYC revenue $3.7M (-41% YoY), operating loss $1.4M vs $0.1M prior year.","Revised FY2024 operating loss guidance to $105-115M (from $115-125M); unit sales guidance unchanged at 1,000-1,500.","Plan to relocate LiveWire Labs to Milwaukee with headcount reduction; expects one-time costs $3.0-5.0M, annual savings $8-10M post-2024.","President Ryan Morrissey departing May 10; role eliminated; receives severance benefits."],"urls":{"canonical":"https://secwatch.observer/filing/0001898795-24-000113","json":"https://secwatch.observer/filing/0001898795-24-000113.json","markdown":"https://secwatch.observer/filing/0001898795-24-000113.md","text":"https://secwatch.observer/filing/0001898795-24-000113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/lvwr-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:16:48.720015+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":"fcd8162e2c2219d8ede4f7e506ef38045f31b3cf","claim":"LiveWire Group, Inc. reported first quarter 2024 results: revenue $5.0, net income $23.6 million. Guidance reaffirmed.","evidence_excerpt":"investment in new motorcycle models and actioned initiatives to reduce EV costs. LiveWire Group, Inc. – Consolidated Results $ in millions* 1st quarter 2024 2023 Change Revenue $5.0 $7.8 (36%) Operating (Loss) ($30.4) ($24.9) 22% Net Loss ($23.6) ($21.1) 12% LiveWire Group, Inc. – Segment Results $ in millions*, except units 1st quarter 2024 2023 Change","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$5.0"},{"label":"Net income","value":"$23.6 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9b14f938e4","claim":"Ryan Morrissey departed as President, Ventures & Investments at LiveWire Group, Inc..","evidence_excerpt":"Ryan Morrissey will be leaving his role as the Company’s President, Ventures & Investments, effective May 10, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"leaving"},{"label":"Role","value":"President, Ventures & Investments"}],"fact_type":"executive_change"},{"claim_id":"9cdb40f470a2fe78eabc468e98d8caf2c71676f8","claim":"LiveWire Group, Inc. announced a restructuring with charges of $1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million affecting LiveWire Labs, the Company’s west coast product development facility, from Mountain View, California to Milwaukee, Wisconsin.","evidence_excerpt":"efficiencies in product development and simplify the Company’s overall path to future profitability. Under this plan, the Company expects to incur one-time relocation costs of $1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million, and expects the vast majority to be cash charges. The Company expects to complete this","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million"},{"label":"Affected area","value":"LiveWire Labs, the Company’s west coast product development facility, from Mountain View, California to Milwaukee, Wisconsin"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}