{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-035982","form_type":"8-K","ticker":"ECOR","cik":"0001560258","company_name":"electroCore, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.387779+00:00","generated_at":"2026-06-16T01:03:20.583393+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"electroCore Q1 2023 net sales $2.8M (+46% YoY); GAAP net loss $5.9M; guides FY23 revenue $14-15M","bullets":["Record Q1 revenue of $2.8M vs $1.9M in Q1 2022, a 46% increase across all major channels.","GAAP net loss $5.9M vs $5.6M; adjusted EBITDA loss $5.1M vs $4.6M; cash $12.2M (Dec 2022: $18.0M).","Truvaga contributed $147K in first full quarter; Rx gammaCore VA/DoD up 38% to $1.7M; US commercial up 56%.","FY 2023 revenue guidance reiterated at $14-15M; expects legacy headache channels to grow >50% to at least $12M.","Net cash usage in Q1 was $5.9M, up from $4.8M; company expects cash usage to decrease through the year."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-035982","json":"https://secwatch.observer/filing/0001213900-23-035982.json","markdown":"https://secwatch.observer/filing/0001213900-23-035982.md","text":"https://secwatch.observer/filing/0001213900-23-035982.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560258/000121390023035982/0001213900-23-035982-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560258/000121390023035982/ecor-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:03:20.583393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb958bf713ff3ea9448f7f90d07bd6a8d35ec0eb","claim":"electroCore, Inc. reported the quarter ended March 31, 2023 results: revenue $ 2.8 million, net income $ 5.9 million. Guidance reaffirmed.","evidence_excerpt":"2.02 and --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 7 ex991_1.htm EXHIBIT 99.1 electroCore Announces First Quarter 2023 Financial Results Record first quarter 2023 net sales of $ 2.8 million, approximately 46% over first quarter 2022 Company to host a conference call and webcast today, May 3, 2023 at 4 : 30 PM EDT ROCKAWAY, NJ, May 03, 2023 (GLOBE NEWSWIRE) --","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560258/000121390023035982/0001213900-23-035982-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 2.8 million"},{"label":"Net income","value":"$ 5.9 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}