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Beam Global (BEEM) SEC Filings

BEEM NASDAQ

Beam Global filings document a Nasdaq-listed Nevada operating company that develops and manufactures infrastructure products for EV charging, energy security and smart city applications. The company’s Form 8-K reports cover operating results, material definitive agreements, headquarters lease matters, executive changes, stockholder meeting votes and related exhibits.

Its SEC disclosures also cover annual-report timing through Form 12b-25, public-company governance, board elections, advisory compensation votes, auditor ratification, common-stock voting results and the corporate facilities footprint supporting operations in the United States, Serbia and the United Arab Emirates.

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Beam Global established December 17, 2026, at 9:30 a.m. Pacific Time, in San Diego, California, for its 2026 annual meeting. The record date is the close of business on October 19, 2026. Proposals for inclusion in proxy materials and notices of other proposals or director nominations are due October 26, 2026; notices under Rule 14a-19 to solicit proxies for non-company director nominees are due October 25, 2026. If the company does not receive timely notice of an outside-Rule 14a-8 proposal or nomination, its proxies will have discretionary authority to vote on that matter.

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Beam Global agreed to acquire all issued and outstanding shares of ScoutDI AS, a Norwegian private limited liability company that develops drones and planning, analysis and reporting solutions for industrial inspection providers in oil and gas and maritime sectors. Subject to closing conditions, ScoutDI would become Beam Global’s wholly owned subsidiary. The aggregate base purchase price payable at closing is $24,000,000, subject to adjustments for cash, debt, working capital and transaction expenses.

The base price is payable 10% in Beam Global common stock and 90% in cash, with 15% deposited into escrow for 18 months. Sellers may elect additional shares instead of cash, subject to a share cap on shares issuable without stockholder approval under Nasdaq Listing Rule 5635; excess is paid in cash. Revenue-based earn-outs are available for fiscal 2026 and 2027: the 2026 target is $2,400,000, with no payment below $3,500,000 revenue and a maximum $3,800,000 at revenue of $4,500,000; for 2027, sellers are eligible for $2.00 per $1.00 of revenue above $4,000,000, subject to the agreement.

Closing also requires receipt of ScoutDI financial statements needed for SEC reporting and no material adverse effect on ScoutDI. Either side may terminate if closing has not occurred by November 4, 2026, subject to mutual extension.

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Beam Global approved stock awards of 250,000 shares for President and Chief Executive Officer Desmond Wheatley and 90,000 shares for Chief Financial Officer Lisa A. Potok on September 21, 2026. The awards were approved as bonus compensation recognizing their services and performance during fiscal year 2025 under the Company’s 2021 Equity Incentive Plan.

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Beam Global Chief Financial Officer Lisa A. Potok received a 90,000-share common-stock award under the Beam Global 2021 Equity Incentive Plan on September 21, 2026. The reported $1.34 per-share price reflects the closing price that day. Beam Global withheld 48,015 shares to satisfy tax withholding obligations related to the award. No Rule 10b5-1 plan is reported.

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Beam Global (BEEM) reported that Chief Executive Officer and director Desmond C. Wheatley received a grant of 250,000 shares of Common Stock on September 21, 2026 at a reference price of $1.34 per share under the Beam Global 2021 Equity Incentive Plan. On the same date, 133,375 shares of this award were withheld by Beam Global to satisfy Mr. Wheatley’s tax withholding obligations related to the stock issuance. No Rule 10b5-1 trading plan is reported for these transactions.

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Beam Global (BEEM) has signed a non-binding Letter of Intent to acquire a vertically integrated European drone technology company that develops, manufactures and sells drones and AI-enhanced drone software. The proposed deal is subject to due diligence, negotiation and execution of definitive agreements and other customary closing conditions, and there is no assurance it will be completed.

If completed, Beam plans to manufacture the target’s drones in its existing U.S. and European factories, integrate the technology with its energy, mobility and smart-city platform, and sell drones and software to existing and new customers, including defense and government sectors. Management views this as an evolution toward becoming a vertically integrated drone and AI-enhanced drone software company, leveraging Beam’s decade of experience providing battery systems for unmanned aerial, ground and marine platforms and its established military and government customer base. The company cites third-party estimates that the global drone market could reach $96.4 billion in 2026 with strong growth through 2033.

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Beam Global (BEEM) reported second quarter 2026 results showing strong top-line acceleration but continued losses. Revenue was $8.6 million, up 21% year-over-year from $7.1 million and 174% over the first quarter’s $3.1 million, driven in part by international growth; sales outside the U.S. were 47% of revenue, up from 37% a year earlier. Backlog was $5.4 million as of June 30, 2026.

GAAP gross profit was $1.5 million with a 17.8% gross margin, down from 20.3% a year earlier, though adjusted Non-GAAP gross margin was 26.2%. Operating expenses were $4.5 million, down from $5.9 million, reflecting prior-year stock grants and cost reductions. The company reported a net loss of $3.1 million, or $(0.14) per share, versus a $4.3 million loss, or $(0.28) per share, in 2025; Non-GAAP net loss before tax was $2.0 million.

At June 30, 2026, Beam Global had $1.0 million in cash, total assets of $38.2 million, total liabilities of $17.9 million, and stockholders’ equity of $20.3 million. Shares outstanding increased to 22.3 million from 19.1 million at year-end 2025.

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Beam Global (BEEM) reported mixed second‑quarter 2026 results, with continued losses but some operating improvement. Revenue for the three months ended June 30, 2026 rose 21% to $8.6 million from $7.1 million, though revenue for the first six months fell 13% to $11.7 million from $13.4 million as order timing shifted.

Six‑month gross profit was $1.1 million for a 9.5% gross margin, down from 14.4%, reflecting lower volume and fixed-cost absorption. Net loss narrowed to $9.9 million for the six months, compared with $19.8 million a year earlier, which previously included a $10.8 million goodwill impairment. Operating cash outflow increased to $4.8 million, while cash was only $1.0 million and working capital $5.5 million at June 30, 2026.

The company raised $5.2 million via its at‑the‑market equity program, lifting shares outstanding to 22.3 million from 19.1 million at year‑end, and ended the quarter with a backlog of about $5.4 million, down from $9.0 million at March 31, 2026. Management highlights growing international and commercial revenue, substantial non‑cash expenses, and believes existing cash, expected collections, and working capital will fund operations for at least 12 months, while acknowledging it may seek additional capital and that equity or debt financings could be dilutive.

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Beam Global filed a notice that its Form 10-Q for the quarter ended June 30, 2026 will be late, citing time and resources devoted to relocating its corporate headquarters in San Diego and establishing a new manufacturing and warehouse facility in Yuma, Arizona. The company expects to file within the five-calendar-day grace period allowed under Rule 12b-25.

Based on preliminary, unaudited figures for the quarter, Beam Global expects revenue of about $8.6 million, up from approximately $7.1 million a year earlier, and gross margin of about 17.8%, down from roughly 20.3%. The company anticipates a net loss of about $3.1 million, improving from a loss of about $4.3 million, and working capital of about $5.5 million as of June 30, 2026. Management notes that these figures are subject to ongoing review and may change in the final Form 10-Q.

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Beam Global has entered into a new lease agreement for two adjacent industrial buildings at 653 and 655 E. 20th Street in Yuma, Arizona, totaling about 54,400 square feet. The space will be used for office, warehouse and manufacturing operations.

The lease term for 653 E. 20th Street runs five years from July 15, 2026 to July 31, 2031, while 655 E. 20th Street runs four years and seven months from January 1, 2027 to July 31, 2031. Monthly base rent starts at $7,810.25 for July 15–31, 2026, then is abated to $0 from August 1 through December 31, 2026, and rises in steps from $27,184.50 to $30,596.39 per month through July 2031.

The company will also pay certain utilities, taxes, insurance and operating costs. The lease includes an exclusive option to purchase the premises, starting at $4,500,000 if exercised in the first 12 months, with the price increasing by 3% annually on each anniversary of the commencement date.

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FAQ

How many Beam Global (BEEM) SEC filings are available on StockTitan?

StockTitan tracks 26 SEC filings for Beam Global (BEEM), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for Beam Global (BEEM)?

The most recent SEC filing for Beam Global (BEEM) was filed on October 15, 2026.