secwatch.observer — SEC 8-K summary
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Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001193805-23-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

electroCore reports record Q4 revenue of $2.5M; FY2022 revenue $8.5M, up 57% YoY
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- Record Q4 2022 revenue ~$2.5M (+68% YoY); full-year 2022 revenue ~$8.5M (+57% YoY).
- Government channel revenue ~$5.1M (+56% YoY); 117 VA/DoD military treatment facilities using gammaCore.
- U.S. commercial revenue ~$1.7M (+158% YoY); launched TAC-STIM Air Force BOOST and Truvaga wellness.
- Cash & equivalents ~$18.0M at Dec 31, 2022 vs $21.9M at Sep 30, 2022; cash burn.
- International revenue ~$1.6M (+7% YoY); includes $139K license fees from Teijin in Japan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000119380523000052/0001193805-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000119380523000052/e618202_8k-electrocore.htm
  HTML page:      https://secwatch.observer/filing/0001193805-23-000052

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