secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001104659-22-115720
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen Q3 2022 revenue $2.6M; non-COVID revenue up 26% YoY; net loss widens to $3.1M
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- Revenue $2.6M (down 4% YoY); non-COVID revenue $2.26M (record 88% mix, up 26% YoY).
- Net loss $3.1M ($0.35 per share) vs $1.6M loss ($0.22) in Q3 2021; cost of revenue up 33%.
- Cash $20.7M as of Sep 30, 2022, down from $27.7M at Dec 31, 2021.
- Tracy Curley appointed Interim CEO; she remains CFO and Treasurer.
- Unique customer orgs 480 (+21% YoY); marketplace users ~6,500 (+32% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000110465922115720/0001104659-22-115720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000110465922115720/tm2229958d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-115720

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