---
schema_version: "secwatch.filing_event.v1"
accession: "0001992243-24-000097"
form_type: "8-K"
ticker: "TE"
cik: "0001992243"
company_name: "T1 Energy Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:04:07.718270+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FREYR Battery Q1 net loss widens to $28.5M; nears automated unit cell production at CQP

## Summary
- Net loss $28.5M ($0.20/diluted share) vs $12.7M ($0.09) in Q1 2023; cash $252.8M, no debt.
- Approaching first automated unit cell production trial at CQP; on track for H1 2024.
- Giga Arctic (book value $225M) may be sold; unsolicited data center interest received.
- Advanced negotiations for conventional technology agreement and inorganic growth opportunity.

## SEC filing metadata
- accession: 0001992243-24-000097
- form_type: 8-K
- ticker: TE
- cik: 0001992243
- company_name: T1 Energy Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1992243/000199224324000097/0001992243-24-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1992243/000199224324000097/freyr-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001992243-24-000097
- JSON: https://secwatch.observer/filing/0001992243-24-000097.json
- Plain text: https://secwatch.observer/filing/0001992243-24-000097.txt

## Key facts
- Earnings Releases
  T1 Energy Inc. reported the first quarter ended March 31, 2024 results: net income $(28.5) million, EPS $(0.20) per diluted share.
  - Period: the first quarter ended March 31, 2024
  - Net income: $(28.5) million
  - EPS: $(0.20) per diluted share
  - Result: reported results
  source text: FREYR reported a net loss attributable to stockholders for the first quarter of 2024 of $(28.5) million, or $(0.20) per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1992243/000199224324000097/0001992243-24-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.