---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-021945"
form_type: "8-K"
ticker: "LNSR"
cik: "0001320350"
company_name: "LENSAR, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:46:11.808343+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LENSAR reports Q1 revenue of $8.3M, net loss $4.3M; ALLY installed base grows to 19 systems with backlog of 13

## Summary
- Revenue $8.3M, down 12% YoY; net loss $4.3M ($0.40/sh) vs $6.7M loss in Q1 2022.
- ALLY installed base increased to 19 systems; backlog of 13 additional systems as of May 12.
- U.S. procedure volumes up 13% YoY; LLS users who upgraded to ALLY performed >20% more procedures Q1 2023 vs Q1 2022.
- Company raised $20M private placement; management expects 2023 ALLY installs to exceed 30.
- Worldwide procedures 31,600 (down from 38,901 due to South Korea); R&D expenses down 66% to $1.7M.

## SEC filing metadata
- accession: 0000950170-23-021945
- form_type: 8-K
- ticker: LNSR
- cik: 0001320350
- company_name: LENSAR, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320350/000095017023021945/0000950170-23-021945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320350/000095017023021945/lnsr-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-021945
- JSON: https://secwatch.observer/filing/0000950170-23-021945.json
- Plain text: https://secwatch.observer/filing/0000950170-23-021945.txt

## Key facts
- Earnings Releases
  LENSAR, Inc. reported the quarter ended March 31, 2023 results: revenue $8.3 million, net income $4.3 million, EPS ($0.40) per share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $8.3 million
  - Net income: $4.3 million
  - EPS: ($0.40) per share
  - Result: reported results
  source text: Total revenue for the quarter ended March 31, 2023 was $8.3 million, a decrease of $1.1 million, or 12%, compared to total revenue of $9.3 million for the quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320350/000095017023021945/0000950170-23-021945-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.