---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-069015"
form_type: "8-K"
ticker: "ECOR"
cik: "0001560258"
company_name: "electroCore, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:59:20.701190+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# electroCore Q3 revenue $2.0M (+33% YoY); net loss widens to $5.5M

## Summary
- Q3 revenue $2.0M (+33% YoY); VA/DoD $1.15M, US Commercial $0.41M, OUS $0.37M.
- GAAP net loss $5.5M vs $4.0M loss; Adjusted EBITDA loss $4.8M vs $3.1M loss.
- Cash $21.9M at Sep 30, down from $34.7M at Dec 31, 2021; Q3 cash used $4.6M.
- Q4 2022 guidance: revenue $2.2-2.3M, net cash usage $4.0-4.5M.
- Gross margin improved to 87% (76% in Q3 2021) on licensing model and higher ASP.

## SEC filing metadata
- accession: 0001213900-22-069015
- form_type: 8-K
- ticker: ECOR
- cik: 0001560258
- company_name: electroCore, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560258/000121390022069015/0001213900-22-069015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560258/000121390022069015/ecor-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-069015
- JSON: https://secwatch.observer/filing/0001213900-22-069015.json
- Plain text: https://secwatch.observer/filing/0001213900-22-069015.txt

## Key facts
- Earnings Releases
  electroCore, Inc. reported the quarter ended September 30, 2022 results: revenue $ 2.0 million, net income $ 5.5 million. Guidance initiated.
  - Period: the quarter ended September 30, 2022
  - Revenue: $ 2.0 million
  - Net income: $ 5.5 million
  - Guidance: initiated
  - Result: reported results
  source text: medicine company, announced third quarter 2022 financial results and provided an operational update. Third Quarter 2022 and Recent Highlights · Posted revenue of approximately $ 2.0 million, representing an increase of approximately 33% over third quarter 2021 · Net cash used in operating activities was $ 4.6 million during the third quarter 2022 leaving
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560258/000121390022069015/0001213900-22-069015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.