secwatch.observer — SEC 8-K summary
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Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001213900-24-066120
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

electroCore Q2 net sales $6.1M (+73% YoY); net loss narrows to $2.7M
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- Seventh consecutive record quarterly revenue of $6.1M, up 73% YoY from $3.6M.
- GAAP net loss of $2.7M vs $4.9M in Q2 2023; adjusted EBITDA loss of $1.9M vs $4.5M.
- VA/DoD channel sales surged 120% to $4.6M; Truvaga up 97% to $572K.
- Raised ~$9.0M via registered direct offering and concurrent private placements.
- Launched Truvaga Plus app-enabled wellness product and next-gen TAC-STIM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000121390024066120/0001213900-24-066120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000121390024066120/ecor-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-066120

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