secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-062141
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu Q3 revenue drops 78% to $0.2M, net loss $5.1M; cuts FY2023 revenue outlook to $2.1M
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- Q3 revenue $0.2M (down 78% YoY); gross margin -497%; net loss $5.1M ($0.14 EPS) vs loss $3.9M in prior year.
- Cash and cash equivalents $1.6M as of Sep 30; free cash flow ($4.9M) in Q3.
- Revised FY2023 guidance: revenue $2.1M, EBITDA ($18M)-($21M), free cash flow ($17M)-($20M).
- Operational highlights: completed U.S. Air Force contract, purchase order from major electronics manufacturer, CEO Brian Knaley appointed.
- Company cites supply chain and integration delays; expects shipment rebound in Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000095017023062141/0000950170-23-062141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000095017023062141/buru-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062141

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