secwatch.observer — SEC 8-K summary
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Issuer:     Alpha Teknova, Inc. (TKNO)
CIK:        0001850902
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001193125-21-325979
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teknova Q3 2021 revenue up 5% to $9.4M; net loss of $3.3M vs. prior-year profit
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- Total revenue $9.4M (+5% YoY); excluding Sample Transport, revenue $9.3M (+26% YoY).
- Net loss attributable to common stockholders of $3.3M ($0.12 per share) vs. net income of $0.3M ($0.07) in Q3 2020.
- Gross margin fell to 45.4% from 56.6% due to capacity investments; operating expenses rose to $8.2M from $2.9M.
- Cash and cash equivalents $98.0M at Sep 30, 2021; Adjusted EBITDA negative $2.7M vs. positive $2.7M in Q3 2020.
- Appointed Ken Gelhaus as Chief Commercial Officer and Jennifer Henry as SVP of Marketing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850902/000119312521325979/0001193125-21-325979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850902/000119312521325979/d69109d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-325979

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