secwatch.observer — SEC 8-K summary
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Issuer:     Sonendo, Inc. (SONX)
CIK:        0001407973
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000950170-23-040585
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonendo Q2 revenue up 5% to $11M; net loss widens to $17.7M; guides FY rev $44-46M
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- Total revenue $11.0M (+5% YoY); procedure instrument revenue $5.6M (+16% YoY).
- Gross margin fell to 10% from 24% due to $1.7M Gen3 console and $1.2M legacy instrument inventory charges.
- Net loss $17.7M vs $15.1M; operating loss $17.0M vs $14.3M.
- Cash & short-term investments $65.9M. Guides Q3 revenue $10.2-10.6M; FY 2023 $44-46M.
- Installed base 1,040 units; CleanFlow now indicated for anterior teeth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407973/000095017023040585/0000950170-23-040585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407973/000095017023040585/sonx-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-040585

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer