secwatch.observer — SEC 8-K summary
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Issuer:     PURE BIOSCIENCE, INC. (PURE)
CIK:        0001006028
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001493152-22-006861
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PURE Bioscience Q2 sales drop 52% to $415K, net loss $702K
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- Net product sales for Q2 ended Jan 31, 2022 fell 52% to $415K from $868K YoY.
- Net loss for Q2 was $702K vs $595K YoY; excluding share-based comp, net loss $522K vs $354K.
- Six-month net product sales decreased 60% to $912K from $2.285M; net loss $1.498M vs $775K.
- Taylor Farms developing commercial line for SmartWash Boost on leafy greens; LightHouse started production in March 2022.
- CEO states SmartWash Boost program set to initiate in Spring 2022; optimistic for revenue increase in upcoming quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006028/000149315222006861/0001493152-22-006861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006028/000149315222006861/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006861

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