secwatch.observer — SEC 8-K summary
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Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2022-10-14T23:59:59+00:00
Accession:  0001193805-22-001417
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

electroCore Q3 2022 revenue ~$2.0M, up 33% YoY; cash $21.9M
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- Q3 2022 revenue approximately $1,976,000, a 33% increase over Q3 2021 revenue of $1,487,000.
- Government channels (VA/DoD) revenue ~$1,148,000, up 21% YoY; 113 military treatment facilities now purchasing gammaCore.
- Commercial channel revenue ~$411,000, up ~160% YoY driven by cash pay initiatives.
- International revenue ~$416,000, up 9% YoY, including $45,000 in license fees from Teijin Limited for Japan.
- Cash and cash equivalents $21.9M at September 30, 2022, down from $26.6M at end of Q2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000119380522001417/0001193805-22-001417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000119380522001417/e622002_8k-electrocore.htm
  HTML page:      https://secwatch.observer/filing/0001193805-22-001417

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