Jeremy Krol
On May 12, 2026, Jeremy Krol notified the Company of his voluntary resignation from the Board of Directors.
Highest-materiality recent filing
Phunware appoints Dmitry Kroshka as CEO, engages BSPG for Product 2.0 rollout
Dmitry Kroshka appointed CEO effective May 12, 2026; base salary $475,000, equity award $1,000,000.
Phunware Q1 revenue down 21% to $0.5M; net loss improves to $3.2M, cash $97.9M
Net revenue $0.5M, down 21% YoY from $0.7M; gross margin improved to 70.8% from 52.2%.
Q4 net revenue $0.8M, up 33% YoY from $0.6M; gross margin improved to 57.7% from 23.3%.
Phunware rescinds Executive Chairman and Chief AI Architect agreement with Rahul Mewawalla
Board formed Special Committee (independent directors Du and Han) on August 4, 2025, to review circumstances of the July 13 agreement.
Phunware non-compliant with Nasdaq audit committee rules after Mewawalla resignation
On July 24, 2025, Phunware notified Nasdaq it is not in compliance with Listing Rule 5605.
Phunware names Jeremy Krol interim CEO, Rahul Mewawalla Executive Chairman and Chief AI Architect
Stephen Chen terminated as interim CEO and director; Jeremy Krol (COO) appointed interim CEO effective July 14, 2025.
Phunware FY2024 net loss narrows to $10.3M; cash surges to $113M; interim CEO appointed
Net loss from continuing ops improved to $10.3M from $41.9M; adjusted EBITDA loss improved to $10.3M from $15.5M.
Phunware reports Q3 net loss $2.8M; Nasdaq deficiency for audit committee
Net loss from continuing ops $2.8M ($0.25/diluted share) vs $13.7M ($5.72) in Q3 2023.
Phunware settles Wild Basin lawsuit; $2.8M insurance payment, claims against company continue
Settlement provides $2.8M insurance payment to plaintiffs and $0.2M to Phunware.
Phunware signs $171.5M at-the-market equity distribution agreement with Canaccord
Amended and Restated Equity Distribution Agreement with Canaccord Genuity allows sales of up to $171,520,779 of common stock.
Phunware terminates $30M equity purchase agreement with Lincoln Park Capital
Terminated the August 22, 2023 Purchase Agreement effective October 25, 2024.
Phunware CEO Snavely resigns; audit committee shortfall triggers Nasdaq non-compliance
CEO Michael Snavely resigned Oct 22, 2024; Steve Chen named interim CEO.
Phunware announces AI SaaS platform; H1 bookings up 939% to $1.7M, net loss improves
Bookings H1 2024 $1,746K (+939% YoY); revenue $1,932K (-27%); gross profit $994K (+63%).
Phunware Q2 2024 net loss down 60% to $2.6M; SaaS bookings up 623% YoY
Revenue of $1.0M in Q2 2024, up 10% sequentially from $0.9M in Q1 2024.
New Equity Distribution Agreement with Canaccord Genuity allows sale of up to $120M in common stock via ATM.
Phunware launches $120M at-the-market equity offering program
Filed prospectus supplement to existing S-3 shelf to sell up to $120M of common stock via ATM.
Phunware Q1 2024 net loss narrows to $2.3M, revenue $0.9M, gross margin jumps to 56.9%
Net loss improved 46.5% YoY to $2.3M; loss per share $(0.33) vs $(2.07) in Q1 2023.
Phunware settles WSGR fee dispute for $2.19M, dismisses Uber arbitration
Phunware to pay WSGR $2,193,852 by March 8, 2024 to settle attorney-fee claims from Uber representation.
Phunware reports FY2023 revenue $4.8M, net loss $(52.8)M; regains Nasdaq compliance
Net revenues from continuing ops $4.8M; net loss from continuing ops $(41.9)M including $25.8M goodwill impairment.
Phunware implements 1-for-50 reverse stock split to regain Nasdaq compliance
Reverse stock split ratio 1-for-50 effective 5:00 PM ET Feb 26, 2024; trading begins Feb 27.
Phunware issues ~26M shares to Streeterville upon full conversion of $12.8M note
Streeterville converted $1,604,622 to 5,611,155 shares on Feb 5, 2024; note paid-in-full.
Phunware raises $10M via public offering of 40M shares at $0.25/share
40M shares sold at $0.25 per share; gross proceeds ~$10M, closing on Feb 9, 2024.
Phunware raises ~$5.6M in registered direct offering of ~56M shares at $0.10/share
Gross proceeds ~$5.6M from sale of 54.8M shares and 1.2M pre-funded warrants at $0.10 per share.
Gross proceeds of ~$7M from sale of 40M common shares and 47.5M pre-funded warrants at $0.08 per share.
Nasdaq notified Phunware that audit committee lacks third independent member due to resignation of director Ryan Costello.
Phunware faces Nasdaq delisting for low bid price; board chair resigns
Nasdaq notified Phunware on Dec 21, 2023 that its stock closed at $0.10 or less for 10 consecutive days, triggering delisting.
Phunware receives Nasdaq delisting notice; stockholders approve reverse stock split
Nasdaq notified Phunware on Dec 21, 2023 that common stock bid price was $0.10 or less for 10 consecutive days, triggering delisting.
On May 12, 2026, Jeremy Krol notified the Company of his voluntary resignation from the Board of Directors.
the Company and Mr. Krol agreed to the transition of Mr. Krol back into his role as Chief Operating Officer
On May 12, 2026, the Board of Directors appointed Dmitry Kroshka as Chief Executive Officer of the Company.
To fill the vacancy on the Board created by Mr. Snavely's resignation, on February 28, 2025, the Board appointed Quyen Du as a Class III director to hold office until the Company's 2024 annual meeting of stockholders and until her successor shall have been duly elected and qualified or until her earlier death, resignation or removal.
Effective January 31, 2025, Phunware, Inc. (the “Company”) appointed Mr. Jeremy Krol, age 47, as its Chief Operating Officer.
This Amendment is being filed to disclose to correct the effective date of the resignation of Troy Reisner, former Chief Financial Officer of the Company.
On November 1, 2024, Troy Reisner notified Phunware, Inc. (the “Company”) that he intends to step down as Chief Financial Officer of the Company on or after November 15, 2024 and prior to November 30, 2024.
effective October 22, 2024, Mr. Chen resigned as Chairperson of the Board
the Board appointed its Chairperson and Class I director, Stephen Chen, as Interim Chief Executive Officer of the Company.
On October 22, 2024, Michael Snavely tendered his resignation as Chief Executive Officer and a member of the Board of Directors of the Company.
In connection with the reduction of the size of the Board, Chris Olive resigned as a director of the Company on January 22, 2024.
As previously reported, Ryan Costello resigned from the board of directors (the "Board") of Phunware, Inc. (the "Company") effective December 31, 2023.
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