Highest-materiality recent filing
Beam Global Q2 2026 revenue $8.6M (+174% QoQ), net loss $3.1M; backlog $5.4M
Revenue $8.6M, up 174% vs Q1 and 21% YoY; backlog $5.4M; no debt, $100M unused credit line.
Beam Global leases 54,400 sq ft Yuma facility for manufacturing; 5-year term with purchase option
Lease for two industrial buildings totaling ~54,400 sq ft at 653 & 655 E 20th St, Yuma, AZ for manufacturing.
Beam Global Q1 revenue $3.1M (down 51% YoY), net loss $6.9M, backlog up 50% to $9M
Revenue $3.1M vs $6.3M a year ago; international sales comprised 51% of total.
Beam Global receives lease termination notice for San Diego headquarters; lease ends July 26, 2026
Landlord PNN Holdings, LP terminated lease for 5660 Eastgate Drive, San Diego; new end date July 26, 2026 (original Sep 30, 2026).
Beam Global FY2025 revenue down 43% to $28.2M; Q4 revenue up 7% YoY, commercial mix shifts
FY2025 revenue $28.2M vs $49.3M in 2024; Q4 2025 revenue $9.0M, up 7% YoY and 56% QoQ.
Beam Global extends headquarters lease through Sep 2026 at $71,480/month
Lease extended 7 months (Mar 1 – Sep 30, 2026) for 5660 Eastgate Drive, San Diego.
Beam Global Q3 revenue down 50% to $5.8M; net loss of $4.9M vs prior-year profit
Revenue $5.8M, down 50% YoY; net loss $4.9M vs $1.3M profit in Q3 2024.
Beam Global stockholders elect four directors, approve exec comp and auditor at 2025 meeting
All four nominees elected: Wheatley (3,637,589 for), Krandel (3,651,260), Posawatz (3,652,540), Syllantavos (3,608,390).
Beam Global COO Mark Myers resigns effective October 29, 2025
COO Mark Myers notified company of resignation on September 16, 2025.
Beam Global Q2 2025 revenue $7.1M, gross margin 20%, net loss narrows, backlog $7M
Revenue $7.1M in Q2 2025, up 12% sequentially from Q1 2025.
Beam Global extends headquarters lease through Feb 2026 at $71,480/month
Lease extension for San Diego HQ from Sept 1, 2025 to Feb 28, 2026.
Beam Global forms 50/50 JV with Platinum Group UAE for Middle East/ Africa markets
Beam Middle East LLC, a 50/50 JV with Platinum Group UAE, will sell/manufacture Beam's EV charging and energy storage products.
One-time stock award of 870,000 common shares to CEO Desmond Wheatley, approved June 4, 2025.
Beam Global Q1 revenue drops 58% YoY to $6.3M; net loss $15.5M on $10.8M goodwill impairment
Q1 2025 revenue $6.3M vs $15.0M in Q1 2024; commercial revenue up 41% YoY but overall decline due to US government sales uncertainty.
Beam Global replaces Marcum LLP with CBIZ CPAs as auditor after Marcum's attest business acquisition
Marcum LLP resigned as independent registered public accounting firm on April 24, 2025.
Beam Global FY 2024 revenue $49.3M; gross margin jumps to 15% from 2%
Revenue of $49.3M, down 27% YoY from $67.4M but 124% above 2022; non-government commercial revenue up 229%.
Beam Global VP Sandra Peterson resigns; receives $18,750 severance, option extension to Dec 2025
Sandra Peterson, VP Sales & Marketing, resigned effective Dec 31, 2024; separation agreement dated Jan 20, 2025.
Beam Global Q3 2024: Revenue $11.5M, gross margin 10.7%, net income $1.3M
Revenue of $11.5M, second highest Q3 ever, down 22% from Q2 2024 due to order timing and election uncertainty.
Beam Global VP of Sales and Marketing resigns effective Dec 31, 2024
Sandra Peterson, VP of Sales and Marketing, resigned for personal reasons.
Beam Global stockholders elect four directors, approve say-on-pay, ratify Marcum LLP
Desmond Wheatley, Judy Krandel, Anthony Posawatz, George Syllantavos elected to one-year terms.
Beam Global acquires Serbian power electronics firm Telcom for EUR 815K in cash and stock
Purchase price EUR 815,298: EUR 430K cash + 82,506 shares; earnout up to EUR 250K in additional shares based on revenue milestones.
Beam Global Q2 2024 revenue $14.8M, record gross margin 16%, net loss $4.9M
Revenue $14.8M (+2% QoQ); record gross margin 16% vs 10% Q1 2024.
Board member Peter Davidson to resign from Beam Global effective Sept 23
Peter Davidson informed the Board he will resign as director for personal reasons.
Beam Global Q1 revenue $14.6M (+12% YoY), gross margin 10.2%, net loss narrows to $3.0M
Record Q1 revenue of $14.6M, up 12% from $13.0M in Q1 2023.
Beam Global reports record 2023 revenue $67.4M (+206% YoY); net loss narrows to $16.1M
Record full year revenue $67.4M, up 206% YoY; Q4 revenue $20.0M, up 154% YoY.
Former CFO Kathy McDermott's consulting agreement extended from March 31 to June 30, 2024.
Beam Global expands lease to 37,800 sq ft in Broadview, IL; annual rent starts at $340,200
Leases 37,800 sq ft (up from ~15,600 sq ft) at 2600 S 25th Ave, Broadview, IL; term Feb 2024 to Jan 2029.
Beam Global amends earnout terms for Amiga acquisition, removes service requirement
Removed service requirement for sellers to receive earnout consideration from Amiga acquisition.
Beam Global appoints Marcum LLP as new independent auditor effective Feb 3, 2024
Audit Committee engaged Marcum LLP as new independent registered public accounting firm on February 3, 2024.
Beam Global grants option to VP of Sales and Marketing Sandra Peterson
Sandra Peterson granted option to buy 50,000 shares at $6.31 strike price.
Beam Global names Mark Myers COO; $250K salary plus 50,000-share option grant
Mark Myers appointed COO effective Jan 16, 2024; previously Senior Director at thyssenkrupp Bilstein.
Beam Global appoints Mark Myers as COO; former Nuclear Navy Officer with 20+ years experience
Mark Myers appointed COO effective Jan 16, 2024; annual salary $250,000.
Beam Global dismisses auditor RSM; former CFO McDermott to consult at $225/hr
Dismissed RSM US LLP as independent auditor on Jan 3, 2024; new auditor search underway.
Beam Global appoints George Syllantavos to board, chair of compensation committee
George Syllantavos appointed to Board on Dec 12, 2023.
Beam Global appoints Lisa Potok as new CFO; McDermott steps down
Lisa Potok appointed CFO effective Dec 4, 2023; salary $310K/yr, bonus up to 50%, option for 75K shares vesting 4 years.
Beam Global appoints Judy Krandel to board, regains Nasdaq audit committee compliance
Judy Krandel appointed as director, Chair of Audit Committee, and member of Compensation Committee effective Dec 4, 2023.
Beam Global Q3 revenue $16.5M (+149% YoY); net loss narrows to $3.6M
Record quarterly revenue of $16.5M, up 149% vs Q3 2022; YTD revenue $47.3M (+236%).
Beam Global closes Amiga acquisition, forms Beam Europe; EUR 7M cash + 452K shares
Paid EUR 4.55M at closing; EUR 2.45M due by Dec 31, 2023; issued 293,675 shares + 158,132 future shares.
Beam Global closes acquisition of Amiga for EUR 7M cash plus stock, creates Beam Europe
Acquired Amiga DOO Kraljevo (Serbia) for EUR 7M total consideration: EUR 4.55M cash at close, EUR 2.45M by Dec 31, plus 277,383 shares and additional 149,360 shares.
Beam Global signs definitive agreement to acquire Amiga DOO Kraljevo for up to €10M plus earnouts
Total base purchase price of ~€10M: €7M cash + €3M in Beam common stock, payable at closing and by Dec 31, 2023.
Beam Global annual meeting elects three directors; say-on-pay passes with 80.8% support
Three directors elected: Wheatley (2.72M for, 0.11M withheld), Davidson (2.37M for, 0.45M withheld), Posawatz (2.38M for, 0.44M withheld).
Beam Global Q2 revenue $17.8M (+379% YoY); LOI to acquire Amiga for European expansion
Q2 2023 revenue $17.8M (+379% YoY); record quarterly revenue.
Offered 2,663,044 shares plus full exercise of 399,456-share option at $9.00 per share for gross proceeds ~$27.5M.
Beam Global to acquire Amiga for EUR 10M cash & stock; Q2 revenue guidance $15.5-17M
Binding LOI to acquire all of Amiga DOO, a Serbian maker of steel structures with electronic integration.
Nancy Floyd resigns from Beam Global board; Nasdaq audit rule breach with 180-day cure
Director Nancy Floyd resigns effective June 30, 2023 for personal reasons; no disagreement with company.
Beam Global Q1 revenue record $13M (+245% YoY); net loss $3.8M
Revenue $13.0M, up 245% YoY and 65% QoQ; gross profit positive $0.005M vs gross loss $0.3M in Q1 2022.
Beam Global reports record FY2022 revenue $22M (+144% YoY); gross loss narrows to 8% of sales
Record full-year revenue $22.0M, up 144% YoY; Q4 revenue $7.9M, up 126% YoY.
Beam Global raises CFO McDermott's base salary to $300k, bonus target to 100%
Annual salary increased to $300,000 effective 2023.
Beam Global grants CEO Desmond Wheatley 142,500 RSUs and target 142,500 PRSUs
50% of RSUs vested immediately; remaining vest on Feb 1, 2024 (25%) and Feb 1, 2025 (25%).
Beam Global receives $29.4M order from TechFlow for 367 EV ARC systems for U.S. Army
$29.4M purchase order from TechFlow to supply 367 EV ARC charging systems to U.S. Army Material Command.
Sandra Peterson, the Company’s then Vice President of Sales and Marketing, provided notice of her resignation from her position in the Company effective as of December 31, 2024
On October 1, 2024, Beam Global (the “Company”) was informed by Sandra Peterson, the Company’s Vice President of Sales and Marketing, that she will resign from her position effective December 31, 2024, for personal reasons.
On July 24, 2024, Peter Davidson, a member of the Company’s Board of Directors (the “Board”) and member of the Audit, Nominating and Governance committees of the Board, informed the Company that he would be resigning as a director of the Board for personal reasons effective as of September 23, 2024.
On January 30, 2024, Beam Global (the “Company”) announced the appointment of Mark Myers, 48, as Chief Operating Officer.
On January 30, 2024, Beam Global (the “Company”) announced the appointment of Mark Myers, 48, as Chief Operating Officer.
On December 12, 2023, the Board of Directors (the “Board”) of Beam Global (the “Company”) appointed George Syllantavos to serve as a director of the Company.
Effective December 4, 2023, Kathy McDermott stepped down from her role as Chief Financial Officer of the Company but will remain employed with the Company until December 31, 2023 to help ensure a smooth transition.
On December 4, 2023, Beam Global (the “Company”) announced that it has appointed Lisa A. Potok, 54, as Chief Financial Officer.
On December 4, 2023, the Board of Directors (the “Board”) of Beam Global (the “Company”) appointed Judy Krandel to serve as a director of the Company.
On June 2, 2023, Nancy Floyd, a member of the Company’s Board of Directors (the “Board”) and member of the Audit, Compensation and Nominating and Governance committees of the Board, informed the Company that she would be resigning as a director of the Board for personal reasons effective as of June 30, 2023.
Max materiality 0.80 · Median 0.57 · Most common event earnings