Vicarious Surgical Q3 2022 net loss $24.7M; cash burn $14.5M

Vicarious Surgical Inc.

2022-Q3 EPS reported $0.12

GAAP net loss $24.7M ($0.20/sh); adjusted net loss $21.7M ($0.18/sh) vs $45.1M ($0.49) last year.
Operating expenses $22.2M, up 159% YoY; R&D $12.1M, G&A $8.1M, S&M $1.9M.
Cash and equivalents $126.8M at Sept 30; Q3 cash burn rate $14.5M.
Completed Beta 2 system integration; investor event in Dec with UPMC collaboration.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Vicarious Surgical Inc. reported third quarter ended September 30, 2022 results: net income Net loss for the third quarter was $24.7 million, equating to a basic and diluted net loss per share of $0.20, EPS $0.20.

Period: third quarter ended September 30, 2022
Net income: Net loss for the third quarter was $24.7 million, equating to a basic and diluted net loss per share of $0.20
EPS: $0.20
Result: reported results

Exact text from the filing

On November 7, 2022, Vicarious Surgical Inc. (the “Company”) issued a press release announcing its results for the third quarter ended September 30, 2022 and providing a business update.

View on SEC.gov

Browse all earnings releases →

Vicarious Surgical Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-069778

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.