secwatch.observer — SEC 8-K summary
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Issuer:     Vicarious Surgical Inc. (RBOT)
CIK:        0001812173
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001213900-23-037364
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicarious Surgical Q1 net loss $26.9M; cash burn guidance $55-65M for FY 2023
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- GAAP net loss of $26.9M ($0.21/share) vs prior-year net income of $42.5M ($0.35 basic EPS).
- Adjusted net loss $20.8M ($0.17/share), widened from $18.2M ($0.15) in Q1 2022.
- Operating expenses rose 23% to $22.3M; R&D spending increased to $13.4M.
- Cash and equivalents at $97.6M; expects FY 2023 cash burn of $55-65M.
- Achieved design lock of V1.0 surgical robot system; no revenue reported.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812173/000121390023037364/0001213900-23-037364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812173/000121390023037364/ea178111-8k_vicarious.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-037364

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