---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-016754"
form_type: "8-K"
ticker: null
cik: "0001409269"
company_name: "Venus Concept Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:25:41.727173+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Venus Concept FY2023 revenue $76.4M (-23% YoY); net loss $37.3M; cash burn halved

## Summary
- Total revenue $76.4M for FY2023, down 23% YoY from $99.5M; Q4 revenue $18.1M, down 25% YoY.
- GAAP net loss attributable to stockholders $37.3M ($6.84/share) vs $43.8M in FY2022; Q4 net loss $11.1M.
- Cash used in operations $12.9M in FY2023, down 52% from $27.0M YoY; cash & equivalents $5.4M, debt $74.9M.
- Q1 2024 revenue guidance at least $16.5M; no full-year 2024 guidance provided due to strategic review.
- Board evaluating strategic alternatives; Nasdaq continued listing conditioned on compliance by May 28, 2024.

## SEC filing metadata
- accession: 0001140361-24-016754
- form_type: 8-K
- cik: 0001409269
- company_name: Venus Concept Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409269/000114036124016754/0001140361-24-016754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409269/000114036124016754/ef20025372_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-016754
- JSON: https://secwatch.observer/filing/0001140361-24-016754.json
- Plain text: https://secwatch.observer/filing/0001140361-24-016754.txt

## Key facts
- Earnings Releases
  Venus Concept Inc. reported three and twelve months ended December 31, 2023 results: revenue $18.1 million, net income GAAP net loss attributable to stockholders of $11.1 million.
  - Period: three and twelve months ended December 31, 2023
  - Revenue: $18.1 million
  - Net income: GAAP net loss attributable to stockholders of $11.1 million
  - Result: reported results
  source text: to 58% in the prior year period • Macroeconomic headwinds and accelerated restructuring in international markets resulted in softer-than-expected system sales; total revenue of $18.1 million, down $6.2 million, or 25%, year-over-year; up $0.5 million, or 3%, quarter-over-quarter • Operating expenses of $19.7 million, including approximately $0.3 million of costs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409269/000114036124016754/0001140361-24-016754-index.htm

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