Nuburu Q4 2022 revenue $435K (+602% YoY); launches BL-Series blue laser

Nuburu, Inc.

2023-FY EPS reported -$2.59 revenue$1,440,428

Q4 revenue $435K, FY revenue $1.44M, up 602% and 282% YoY respectively.
Gross margin negative: Q4 ($771K), FY ($3.42M); EBITDA Q4 ($3.86M), FY ($13.55M).
Launched NUBURU BL-Series blue laser at Photonics West; shipments expected Q2 2023.
Business combination with Tailwind Acquisition closed Jan 31, 2023; now listed on NYSE American.
Free cash flow Q4 ($3.19M), FY ($10.76M); capex $254K and $536K.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Nuburu, Inc. reported fourth quarter and the fiscal year ended December 31, 2022 results: revenue $435.

Period: fourth quarter and the fiscal year ended December 31, 2022
Revenue: $435
Result: reported results

Exact text from the filing

most useful and appreciated.” Fourth Quarter and Full Year Financial Highlights (Unaudited) Three Months Ended December 31, $ Change % Change ($ in thousands) 2022 2021 Revenue $ 435 $ 62 $ 373 601.6 % Total gross margin (771 ) (689 ) (82 ) 11.9 % EBITDA1 (3,859 ) (2,505 ) (1,354 ) 54.1 % Capital expenditures (254 ) (110 ) (144 ) 130.9 % Free cash flow1 (3,194

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Source: SEC EDGAR

accession 0001193125-23-044185

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