Phunware, Inc. (NASDAQ:PHUN) Q1 2022 Earnings Conference Call May 12, 2022 4:30 PM ET Company Participants Alan S. Knitowski - President, Chief Executive Officer and Co-Founder Randall Crowder - Chief Operating Officer Matt Aune - Chief Financial Officer Conference Call Participants Scott Buck - H.C Wainwright and Co., LLC Howard Halpern - Taglich Brothers, Inc. Austin Vetterick - ROTH Capital Partners Lucas Ward - Ascendiant Capital Markets, LLC Operator Good afternoon, ladies and gentlemen. Welcome to Phu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-37862 PHUNWARE, INC. (Exact name of registrant as specified in its charter) | Delaware | 30-1205798 | | --- | --- ...

Phunware, Inc. (NASDAQ:PHUN) Q4 2021 Earnings Conference Call March 23, 2022 5:00 PM ET Company Participants Alan S. Knitowski - President, Chief Executive Officer & Co-Founder Matt Aune - Chief Financial Officer Randall Crowder - Chief Operating Officer Conference Call Participants Darren Aftahi - ROTH Capital Partners Scott Buck - H.C. Wainwright Howard Halpern - Taglich Brothers Ed Woo - Ascendiant Capital Disclaimer*: This transcript is designed to be used alongside the freely available audio recording ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37862 PHUNWARE, INC. (Exact name of registrant as specified in its charter) | Delaware | 30-1205798 | | | --- | --- | --- | | (State or o ...

Financial Data and Key Metrics Changes - Net revenues for Q3 2021 totaled $2.2 million, representing a 50% growth quarter-over-quarter [25] - Gross margin was 52.5%, down from 71.3% year-over-year, while non-GAAP adjusted gross margin was 68.8%, compared to 74.8% in the previous year [25] - Non-GAAP adjusted EBITDA loss was $2.5 million compared to a loss of $1.3 million last year [28] - Backlog and deferred revenue at the end of the quarter totaled $6.1 million, down from $8 million at the end of the last quarter [29] Business Line Data and Key Metrics Changes - MaaS platform subscriptions and services revenue was $1.8 million, accounting for 85% of total net revenues [25] - The company reported a more than 50% sequential gain in quarter-over-quarter revenue growth with customers [8] - The completion of the Lyte Technology acquisition improved the balance sheet with over $65 million in additional cash [9] Market Data and Key Metrics Changes - The company has expanded its installed base of Phunware IDs to over 15 billion devices worldwide [20] - The MaaS platform is capable of supporting up to five billion transactions per day and 500,000 transactions per second [20] Company Strategy and Development Direction - The company aims to create a Phunware ID for every human being with a device connected to their favorite brands and applications [5] - The transition from a low-margin transaction business to a high-margin SaaS licensing business is a key focus [13] - The company plans to expand its direct-to-consumer channel for B2C engagements across high-performance computing and cryptocurrency offerings [17] - Future growth will be supported by indirect sales and channel partners, including Carrier Global Corporation and Cox Communications [14][45] Management's Comments on Operating Environment and Future Outlook - Management noted that B2B and B2G customers have not consistently returned to offices, impacting operations [10] - B2C customers are showing strong demand for hardware and cryptocurrency, independent of public sector trends [11] - The company expects to finish the year strong with more than $5 million in Q4 revenues [16] - Management is optimistic about the ongoing scaling of the MaaS blockchain ecosystem and high-performance computing systems [54] Other Important Information - The company raised approximately $62 million from an At-The-Market offering and $4.6 million from warrant exercises [31] - The company purchased an additional 100 Bitcoin for approximately $6.2 million, bringing total holdings to approximately 129 Bitcoin [32] - The company plans to leverage its balance sheet strength for future growth, including potential M&A opportunities [57] Q&A Session Summary Question: What is the revenue mix between direct and indirect channels? - Management indicated that approximately 90% of revenue is still direct, with 10% from indirect channels, and expects indirect channels to ramp up in the coming months [62] Question: Are there concerns regarding supply chain issues for Lyte Technology? - Management reported a 60% increase in orders post-acquisition and is confident in their ability to manage supply chain challenges by establishing new supplier relationships [66][69] Question: What is the expected revenue mix for Q4? - Management did not provide specific details but indicated that core Phunware business will drive much of the revenue alongside Lyte [73] Question: What is the long-term opportunity with Lyte Technology? - Management emphasized the integration of hardware and software, aiming to enhance customer engagement and expand the Phunware ID ecosystem [76][80] Question: What is the strategy regarding Bitcoin and other cryptocurrencies? - Management views Bitcoin as a hedge against inflation and plans to hold and accumulate Bitcoin rather than trade it [100][101]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37862 PHUNWARE, INC. (Exact name of registrant as specified in its charter) | Delaware | 30-1205798 | | | --- | --- | --- | | (State or other ...

Phunware, Inc. (NASDAQ:PHUN) Q2 2021 Earnings Conference Call August 12, 2021 5:00 AM ET Company Participants Alan S. Knitowski – President, Chief Executive Officer and Co-Founder Randall Crowder – Chief Operating Officer Matt Aune – Chief Financial Officer Conference Call Participants Darren Aftahi – ROTH Capital Partners Howard Halpern – Taglich Brothers Scott Buck – H.C. Wainwright Ed Woo – Ascendiant Capital Operator Good afternoon, ladies and gentlemen. Welcome to Phunware’s Second Quarter 2021 Investo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37862 PHUNWARE, INC. (Exact name of registrant as specified in its charter) | Delaware | | | 30-1205798 | | | --- | --- | --- | --- | --- | | ...

Phunware, Inc. (NASDAQ:PHUN) Q1 2021 Earnings Conference Call May 13, 2021 5:00 PM ET Company Participants Alan Knitowski – President, Chief Executive Officer and Co-Founder Matt Aune – Chief Financial Officer Randall Crowder – Chief Operating Officer Conference Call Participants Darren Aftahi – ROTH Capital Partners Howard Halpern – Taglich Brothers Ed Woo – Ascendiant Capital Operator Good afternoon, ladies and gentlemen. Welcome to Phunware’s First Quarter 2021 Investor Conference Call. Currently, all pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-37862 PHUNWARE, INC. (Exact name of registrant as specified in its charter) | Delaware | 30-1205798 | | --- | --- ...