secwatch.observer — SEC 8-K summary
======================================

Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001193805-23-000568
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

electroCore expects record Q1 2023 revenue of ~$2.8M, up 46% YoY
----------------------------------------------------------------

- Record Q1 revenue ~$2.8M, 46% increase over $1.9M in Q1 2022.
- Government channel revenue ~$1.8M (+42% YoY); 124 VA/DoD facilities now purchasing.
- U.S. commercial revenue ~$581K (+74% YoY); Truvaga contributed ~$147K in first full quarter.
- International revenue ~$406K (+33% YoY), includes ~$45K license fees from Teijin.
- FY 2023 revenue guidance reiterated at $14.0-15.0 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000119380523000568/0001193805-23-000568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000119380523000568/e618490_8k-electrocore.htm
  HTML page:      https://secwatch.observer/filing/0001193805-23-000568

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