secwatch.observer — SEC 8-K summary
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Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2022-07-12T23:59:59+00:00
Accession:  0001193805-22-001093
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

electroCore guides Q2 2022 revenue at least $2.1M, up 65% YoY
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- Record quarterly revenue of at least $2.1M, up ~65% from Q2 2021 and ~11% from Q1 2022.
- Government channels revenue ~$1.2M, up 54% YoY; 106 VA/DoD facilities purchasing gammaCore.
- Commercial revenue ~$465K, up 68% QoQ and 347% YoY, driven by cash-pay initiatives.
- International revenue ~$466K, up 53% QoQ; includes $50K license fees from Teijin in Japan.
- Cash and cash equivalents ~$26.6M as of June 30, down from $29.9M at March 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000119380522001093/0001193805-22-001093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000119380522001093/e621833_8k-ecor.htm
  HTML page:      https://secwatch.observer/filing/0001193805-22-001093

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