secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vicarious Surgical Inc. (RBOT)
CIK:        0001812173
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001213900-24-019553
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicarious Surgical Q4 2023 GAAP net loss $13.1M; 2024 cash burn guided ~$50M
----------------------------------------------------------------------------

- Q4 2023 GAAP net loss $13.1M ($0.06/sh); adjusted net loss $14.6M ($0.07/sh), improving from $19.9M ($0.16/sh) in Q4 2022.
- Full year 2023 GAAP net loss $71.1M ($0.49/sh); adj net loss $76.3M ($0.52/sh); cash burn $63.4M met objective.
- Cash and investments $98.2M at year-end; 2024 cash burn guidance narrowed to ~$50M.
- Signed fourth major hospital partnership with Intermountain Health; total partner hospitals exceed 250.
- V1.0 system on track for spring cadaveric testing; integration expected fall 2024; appointed Randy Clark President.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812173/000121390024019553/0001213900-24-019553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812173/000121390024019553/ea0201080-8k_vicarious.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-019553

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer