secwatch.observer — SEC 8-K summary
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Issuer:     QuantumScape Corp (QS)
CIK:        0001811414
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000950170-23-034732
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuantumScape Q2 net loss $116.5M; ships high-loading cathodes, Raptor installed
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- Q2 GAAP net loss $116.5M ($0.26/sh); adjusted EBITDA -$63.5M; cash & mkt securities >$900M.
- Revenue none (pre-revenue); FY 2023 guidance reaffirmed: capex $100-150M, cash opex $225-275M, runway to H2 2025.
- Shipped high cathode-loading (>5 mAh/cm²) unit cells to multiple automotive partners; demonstrated 15-min fast-charge target.
- Raptor fast separator equipment installed; initial production expected before end of 2023; B0 samples targeted for 2024.
- QSE-5 cell targeted at >800 Wh/L with 10-80% charge in ~15 min; safety tests passed per automotive customer spec.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811414/000095017023034732/0000950170-23-034732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811414/000095017023034732/qs-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-034732

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