secwatch.observer — SEC 8-K summary
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Issuer:     LENSAR, Inc. (LNSR)
CIK:        0001320350
Form:       8-K/A
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066893
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LENSAR Q1 revenue $14.2M (+34% YoY); net loss $27.3M on warrant liability
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- Total revenue $14.2M vs $10.6M in Q1 2024, driven by system sales and 33% procedure volume growth.
- Net loss $27.3M ($2.32/share) vs $2.2M loss YoY; increase primarily from warrant liability revaluation due to 58% stock price rise.
- Adjusted EBITDA was $0.2M vs -$1.3M in Q1 2024; includes $4.2M in Alcon merger-related costs.
- Placed 14 ALLY systems in Q1; total installed base ~395 systems, up 26% YoY.
- Recurring revenue $11.5M (81% of total); procedure volume 52,347 worldwide, up 33% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320350/000095017025066893/0000950170-25-066893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320350/000095017025066893/lnsr-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066893

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