secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001079973-24-000604
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scorpius Holdings reports FY2023 net loss $45.2M, Q4 revenue up 570% sequentially, going concern warning
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- FY2023 contract revenue $6.6M (vs $0.1M in 2022); Q4 2023 revenue $4.8M, a 570% sequential increase from Q3.
- Net loss attributable to Scorpius $45.2M ($1.74 per share) vs $43.4M ($1.70) in 2022.
- Cash and equivalents $2.4M as of December 31, 2023.
- Auditor includes going concern opinion due to recurring losses and lack of significant revenue or positive cash flows.
- Management expects to become cash flow positive by early 2025; over $20M in contract bookings recorded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997324000604/0001079973-24-000604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997324000604/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-000604

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