Highest-materiality recent filing
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.
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.
Max materiality 0.80 · Median 0.55 · Most common event earnings