{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-017869","form_type":"8-K","ticker":"CERS","cik":"0001020214","company_name":"CERUS CORP","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.626336+00:00","generated_at":"2026-06-15T19:21:18.567753+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cerus Q1 revenue down 11% to $38.5M; net loss widens to $15.6M; reiterates FY guidance","bullets":["Product revenue $31.0M (-17% YoY) on US inventory drawdown; govt contract revenue $7.5M (+35%).","Net loss $15.6M ($0.09/shr) vs $12.3M ($0.07); adjusted EBITDA -$9.8M vs -$3.7M.","Product gross margin improved to 55.8% (51.7% YoY), fifth consecutive quarter of expansion.","Reiterated FY2023 product revenue guidance $165-170M; expects return to growth as drawdown ends.","Completed debt refinancing; ended Q1 with $94.7M cash, $55M term loan, $18M revolver drawn."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-017869","json":"https://secwatch.observer/filing/0000950170-23-017869.json","markdown":"https://secwatch.observer/filing/0000950170-23-017869.md","text":"https://secwatch.observer/filing/0000950170-23-017869.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1020214/000095017023017869/0000950170-23-017869-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1020214/000095017023017869/cers-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T19:21:18.567753+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7cc442117760b2edfb9869e60897da84ff04ac9b","claim":"CERUS CORP reported first quarter ended March 31, 2023 results: revenue $38.5 million. Guidance reaffirmed.","evidence_excerpt":"Cerus Corporation (Nasdaq: CERS) today announced financial results for the first quarter ended March 31, 2023. Recent highlights include: • First quarter 2023 total revenue of $38.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1020214/000095017023017869/0000950170-23-017869-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$38.5 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}