---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-022169"
form_type: "8-K"
ticker: "ECOR"
cik: "0001560258"
company_name: "electroCore, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:14:35.151155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# electroCore reports FY2023 revenue $16.0M, up 87% YoY; Q4 revenue $5.2M, up 103%

## Summary
- Full year 2023 net sales of $16.0M, up 87% from $8.6M; Q4 net sales $5.2M, up 103% from $2.6M.
- GAAP net loss improved to $18.8M from $22.2M; Adjusted EBITDA net loss narrowed to $15.4M from $19.0M.
- VA/DoD channel drove growth: $9.6M revenue, +89% YoY; Truvaga and TAC-STIM combined $2.8M, up sharply.
- Gross margin improved to 83% from 81%; net cash used in operations $14.7M vs $16.6M.
- Cash and equivalents $10.6M at year-end vs $18.0M; raised $7.5M in July 2023 registered direct offering.

## SEC filing metadata
- accession: 0001213900-24-022169
- form_type: 8-K
- ticker: ECOR
- cik: 0001560258
- company_name: electroCore, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1560258/000121390024022169/0001213900-24-022169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560258/000121390024022169/ecor-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-022169
- JSON: https://secwatch.observer/filing/0001213900-24-022169.json
- Plain text: https://secwatch.observer/filing/0001213900-24-022169.txt

## Key facts
- Earnings Releases
  electroCore, Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On March 13, 2024, electroCore, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560258/000121390024022169/0001213900-24-022169-index.htm

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