secwatch.observer — SEC 8-K summary
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Issuer:     Quantum-Si Inc (QSI)
CIK:        0001816431
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001140361-24-025182
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum-Si reports Q1 revenue $457K, net loss $19.5M; launches Platinum instrument
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- Revenue of $457,000; gross profit $269K at 59% margin.
- Net loss $19.5M (vs $23.6M Q1 2023); adjusted EBITDA -$20.5M.
- Full commercial launch of Platinum instrument started end of March 2024.
- Version 3 sequencing kit on track for launch by end of Q3 2024.
- Paula Dowdy added to Board; FY2024 financial guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816431/000114036124025182/0001140361-24-025182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816431/000114036124025182/ef20028707_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-025182

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