secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001104659-23-055829
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen reports Q1 revenue of $3.0M (+17% YoY); net loss flat at $2.4M
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- Revenue $3.0M vs $2.5M in Q1 2022, a 17% increase; specimen count up 75% but ASP down 30%.
- Net loss $2.4M ($0.27 per share), unchanged YoY; cash, equivalents and securities totaled $11M at Mar 31 vs $15.3M at Dec 31.
- Unique customer organizations reached 534 (+22%); registered marketplace users ~6,900 (+24%).
- CEO Tracy Curley cited progress on adjacent revenue opportunities and technology investment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923055829/0001104659-23-055829-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923055829/tm2314591d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-055829

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