---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-018310"
form_type: "8-K"
ticker: "QSI"
cik: "0001816431"
company_name: "Quantum-Si Inc"
filed_at: "2022-05-09T23:59:59+00:00"
generated_at: "2026-06-25T22:36:49.113065+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quantum-Si appoints Patrick Schneider as President/COO; Q1 net loss $35.2M, cash $434.8M

## Summary
- Q1 2022 net loss $35.2M (vs $11.8M YoY) on R&D $18.8M and SG&A $8.4M. Cash $434.8M.
- Patrick Schneider appointed President & COO effective May 9; Michael McKenna becomes EVP Product Dev & Ops.
- Schneider receives $475k salary, $400k sign-on (recoverable), 1M options + performance options at $10/$20 targets.
- Targeting product launch H2 2022; completed chip production tech transfer to Garnet Valley, PA facility.
- Adjusted EBITDA -$27.4M in Q1 2022 vs -$11.1M YoY.

## SEC filing metadata
- accession: 0001140361-22-018310
- form_type: 8-K
- ticker: QSI
- cik: 0001816431
- company_name: Quantum-Si Inc
- filed_at: 2022-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816431/000114036122018310/0001140361-22-018310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816431/000114036122018310/brhc10037210_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-018310
- JSON: https://secwatch.observer/filing/0001140361-22-018310.json
- Plain text: https://secwatch.observer/filing/0001140361-22-018310.txt

## Key facts
- Executive change
  Patrick Schneider was appointed as President and Chief Operating Officer at Quantum-Si Inc.
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: on May 9, 2022, the Company announced that Patrick Schneider was appointed by the Board as President and Chief Operating Officer of the Company, effective as of May 9, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816431/000114036122018310/0001140361-22-018310-index.htm
- Executive change
  Michael P. McKenna changed role as Executive Vice President, Product Development and Operations at Quantum-Si Inc.
  - Action: title change
  - Role: Executive Vice President, Product Development and Operations
  source text: the Board of Directors (the “Board”) of the Company approved a title change for Michael P. McKenna, Ph.D., from President and Chief Operating Officer of the Company to Executive Vice President, Product Development and Operations of the Company, effective as of May 6, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816431/000114036122018310/0001140361-22-018310-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.