earnings
confidence high
sentiment negative
materiality 0.50
Vicarious Surgical Q2 2022: adjusted net loss $19.1M, operating expenses up 189% YoY
Vicarious Surgical Inc.
2022-Q2 EPS reported
$0.32
- Operating expenses of $19.1M for Q2 2022, up from $6.6M in Q2 2021; R&D $10.1M, G&A $7.8M, S&M $1.3M.
- Adjusted net loss of $19.1M ($0.16 loss per share) vs $6.6M ($0.08 loss per share) prior year.
- GAAP net loss of $1.5M ($0.01 loss per share) vs $6.6M ($0.08 loss per share) prior year.
- Cash burn rate for Q2 2022 was $15.7M; no revenue reported (pre-commercial stage).
- Beta 2 system development ongoing; announced Center of Excellence partnerships with UH Ventures and HCA Healthcare.