STOCK TITAN

Beam Global (BEEM) 8-K Filings

BEEM NASDAQ

Every 8-K that Beam Global (BEEM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow BEEM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BEEM filings page.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

Beam Global reported a weak first quarter of 2026 as revenue and margins declined sharply, partly offset by strong backlog growth and improved liquidity. Revenue for the three months ended March 31, 2026 was $3.1 million, down 51% from $6.3 million a year earlier, mainly due to order timing, a seasonally slow European quarter and reduced U.S. federal EV infrastructure spending.

The company posted a gross loss of $0.4 million, for a gross margin of -13.3%, compared with a 7.9% gross margin in 2025, though management notes fixed overhead on lower volume drove much of the decline and cites non-GAAP product margins above 30%. Operating expenses were $6.3 million versus $16.0 million, with the prior period including a $10.8 million goodwill impairment; excluding that, expenses rose mainly from a $1.8 million credit loss provision.

Net loss narrowed to $6.9 million or $(0.33) per share from $15.5 million or $(1.04), but non-GAAP net loss before tax increased modestly to $3.7 million from $3.0 million. Backlog increased 50% to $9.0 million, and management states Q2 2026 revenue to date already exceeds total Q1 2026 revenue. Working capital was $6.2 million at March 31, 2026, and the company highlights having no debt of significance plus an unused $100 million credit line.

Rhea-AI Summary

Beam Global reports that its landlord, PNN Holdings, LP, has exercised its right to terminate the lease for the company’s San Diego headquarters at 5660 Eastgate Drive. The lease, previously extended to expire on September 30, 2026, will now end on July 26, 2026.

The company states the early termination will not result in any material penalties and it does not expect material ongoing obligations under the lease after that date. Beam Global is evaluating options for a new headquarters and does not expect this change to have a material adverse effect on its operations, noting additional facilities in Chicago, Serbia and Abu Dhabi.

Rhea-AI Summary

Beam Global reported a sharp downturn in 2025 results as it shifts away from U.S. federal EV-charging orders toward commercial and international customers. Full-year revenue was $28.2 million, down from $49.3 million in 2024, while fourth-quarter revenue grew to $9.0 million, up 7% year over year and 56% sequentially.

Gross profit for 2025 was $3.5 million with a 12.5% GAAP margin, and non-GAAP gross margin improved to 23.0%. Operating expenses rose to $31.1 million, including a $10.8 million goodwill impairment, driving net loss to $27.0 million versus $11.3 million in 2024 and a basic/diluted loss per share of $1.61. Management highlights diversification into smart cities, energy security, and international markets, while emphasizing non-GAAP cost reductions and continued balance-sheet strength.

Rhea-AI Summary

Beam Global entered into a second lease extension agreement for its headquarters at 5660 Eastgate Drive, San Diego, California. The new extension runs for seven months, from March 1, 2026 through September 30, 2026.

During this extension term, the company will pay monthly base rent of $62,400 plus $9,080 for common area maintenance and other triple-net charges, for a total monthly payment of $71,480. The landlord may terminate the lease at any time with 90 days’ prior written notice, while all other original lease terms remain in effect.

Rhea-AI Summary

Beam Global reported results from its 2025 Annual Meeting held at company headquarters on October 21, 2025. Stockholders representing 10,298,083 shares, or approximately 58.38% of outstanding shares on the record date, were present by attendance or proxy.

All four nominees—Desmond Wheatley, Judy Krandel, Anthony Posawatz, and George Syllantavos—were elected to one-year terms. Stockholders approved, on an advisory basis, the compensation of named executive officers with 3,395,657 For, 312,080 Against, 56,741 Abstain, and 6,533,605 Broker Non-Votes. The appointment of CBIZ CPAs P.C. as independent registered public accounting firm for the fiscal year ended December 31, 2025 was ratified with 10,175,625 For, 64,316 Against, and 58,142 Abstain.

Rhea-AI Summary

Beam Global reported that its Chief Operating Officer, Mark Myers, has informed the company he will resign from his position effective October 29, 2025. The company states that his resignation is not due to any disagreement with Beam Global regarding its operations, policies, or practices. This filing focuses solely on this upcoming leadership change and does not describe any related strategic or financial impacts.