The company has not filed an annual or quarterly report since its Q1 FY2023 10-Q, filed May 15, 2023. Its latest SEC filing is a 15-12G from Aug 14, 2023.
10-Q for Q1 FY2023, filed May 15, 2023
The sections below describe the company as of the FY2022 annual report.
Develops autonomous-driving software for freight carriers, private fleets and haulage contractors.
10-K for FY2022, filed Mar 28, 2023Embark develops technologically advanced autonomous driving software for the truck freight industry and offers a carefully constructed…View ↗
Software Solution for Long Haul Trucking. Embark seeks to address driver shortages with a software license that can assist in the…View ↗
Upon commercialization of Embark’s technology, it was expected that carriers and private fleets, would pay a license fee for Embark’s…View ↗
No revenue was reported.
10-K for FY2022, filed Mar 28, 2023
Fleet operators, haulage contractors and shippers were intended customers. Embark planned to license its software directly to them; carriers and private fleets were expected to subscribe.
10-K for FY2022, filed Mar 28, 2023Embark’s business model offers meaningful operational savings to carriers and shippers. To date, while not generating any revenue, Embark…View ↗
Upon commercialization of Embark’s technology, it was expected that carriers and private fleets, would pay a license fee for Embark’s…View ↗
Embark has designed an asset-light SaaS business model and intends to commercialize by licensing its software for a fee on a subscription…View ↗
10-Q for Q1 FY2023, filed May 16, 2023
−$63.1MView ↗
8-K, filed Aug 2, 2023
Pursuant to the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each share of Class A common stock and Class…View ↗
Competes with TuSimple, Aurora Innovation, Kodiak Robotics, and Waymo
10-K for FY2022, filed Mar 28, 2023Embark is the longest-running self-driving truck program in the U.S., which provides a competitive advantage. There are several competitors…View ↗
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