secwatch.observer — SEC 8-K summary
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Issuer:     TuSimple Holdings Inc. (TSPH)
CIK:        0001823593
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001193125-21-237686
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TuSimple Q2 rev $1.5M, CFIUS re-characterizes transaction under review
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- Q2 revenue $1.5M (+5x YoY, +57% QoQ); net loss from ops $121M; adjusted EBITDA -$66M.
- R&D expense $76M (+$54M YoY); SBC $53M (incl $43M IPO-vest); cash $1.5B at quarter end.
- FY 2021 guidance: rev $5-7M; R&D $200-220M (ex SBC); G&A $50-60M (ex SBC); adj EBITDA $(260-280)M.
- Operational: ~4.6M cumulative road miles, ~8,500 mapped AFN miles, ~6,775 truck reservations, Ryder partnership.
- CFIUS now reviewing 2017 acquisition of TuSimple LLC by predecessor; 45-day review pending; outcome uncertain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823593/000119312521237686/0001193125-21-237686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823593/000119312521237686/d74578d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-237686

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