Welcome to our dedicated page for Phunware SEC filings (Ticker: PHUN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Phunware, Inc. (NASDAQ: PHUN) SEC filings page provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Nasdaq-listed enterprise software company in the information sector, Phunware uses these filings to report financial results, governance matters, auditor changes, and other material events related to its mobile app, analytics, digital advertising, and location-based services business.
Investors can review annual reports on Form 10-K for detailed discussions of net revenues, cost of revenues, operating expenses, cash and cash equivalents, adjusted EBITDA reconciliations, and risk factors. Quarterly reports on Form 10-Q and earnings-related Form 8-K filings include condensed consolidated balance sheets, statements of operations, and cash flow information, along with management commentary on software subscriptions and services, advertising activities, and AI-related initiatives.
Phunware also files current reports on Form 8-K to disclose events such as leadership changes, appointments of interim chief executive officers and directors, notices related to Nasdaq listing requirements, engagement or resignation of independent registered public accounting firms, and the scheduling and outcomes of annual meetings of stockholders. Definitive proxy statements on Schedule 14A describe proposals submitted to stockholders, director elections, advisory votes on executive compensation, and audit firm ratification.
Through this page, users can track how Phunware reports on its enterprise cloud platform for mobile, its software subscriptions and services segment, advertising segment, AI and generative AI initiatives, and governance structure. Real-time updates from EDGAR are paired with AI-powered summaries that highlight key points in lengthy documents, helping readers quickly understand the implications of 10-Ks, 10-Qs, 8-Ks, and proxy materials, as well as any insider transaction reports such as Form 4 when available.
Phunware's Chief Legal Officer, Olive Christopher D., reported a transaction on 08/11/2025 in which 202 shares of common stock were surrendered to satisfy tax withholding under the issuer's 2018 Equity Incentive Plan. The filing shows the disposed shares had an actual per-share sales price of $2.55, leaving the reporting person with 14,517 direct shares after the transaction. The report contains no derivative transactions and identifies the action as withholding for taxes.
Phunware, Inc. reported total net revenue of $1.143 million for the six months ended June 30, 2025, down 40.8% from $1.932 million a year earlier as advertising revenue sharply declined while software subscriptions rose. Advertising revenue fell to $75 thousand for the six months, a 92.2% drop, while software subscriptions increased 10.1% to $1.068 million. Gross profit for the six months was $549 thousand. The company recorded a six‑month net loss of $6.867 million and negative adjusted EBITDA of $8.854 million.
Phunware holds $106.3 million in cash and cash equivalents and had total assets of $108.08 million as of June 30, 2025. Backlog plus deferred revenue totaled $5.116 million with remaining performance obligations of $5.320 million. Management disclosed material weaknesses in internal controls, ongoing litigation (Wild Basin and WSGR arbitration), a board/audit‑committee composition issue with Nasdaq, and a change in the interim CEO.
Phunware, Inc. filed a Current Report stating that on August 8, 2025 it issued a press release announcing its financial results for the second quarter ended June 30, 2025. The press release is furnished as Exhibit 99.1 and the report notes the press release contains reconciliations of non-GAAP measures to the nearest comparable GAAP measures. The filing explicitly states the furnished information is not "filed" for Section 18 liability purposes and will not be incorporated by reference into other SEC filings. The report includes a Cover Page Interactive Data File as Exhibit 104 and is signed by CEO Jeremy Krol.
Phunware, Inc. reported that its Board of Directors, acting through a special committee of independent directors, has rescinded the Executive Chairman and Chief Artificial Intelligence (AI) Architect Agreement with Board chairperson Rahul Mewawalla. This agreement had been entered into on July 13, 2025, when he was appointed Executive Chairman and Chief AI Architect to provide executive advisory and AI services and support to the interim CEO.
On August 4, 2025, the Board formed a special committee of independent directors Quyen Du and Elliot Han to review the circumstances surrounding the agreement. Based on information that emerged after the agreement was executed, the committee determined there was a proper basis to rescind it and that doing so was in the best interests of the company and its shareholders. The company notified Mr. Mewawalla of the rescission on August 7, 2025.