---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-017175"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:50:12.648695+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SES AI reports Q3 operating loss of $21.7M; lowers 2022 cash usage guidance to $75-85M

## Summary
- Q3 2022 operating loss of $21.7M (up $11.0M YoY); net loss $0.08 per fully diluted share.
- Cash and equivalents $394.7M; expects to end 2022 with >$350M cash.
- Full-year 2022 cash usage guidance reduced to $75-85M from prior $95-115M; capex now $20-25M.
- SES Korea pilot facility completed; Shanghai Giga operational; produced >1,000 large-format cells.
- 50 Ah cells received UN38.3 and IATF16949 certifications; data shared with GM, Hyundai, Honda.

## SEC filing metadata
- accession: 0001558370-22-017175
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000155837022017175/0001558370-22-017175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000155837022017175/ses-20221109x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-017175
- JSON: https://secwatch.observer/filing/0001558370-22-017175.json
- Plain text: https://secwatch.observer/filing/0001558370-22-017175.txt

## Key facts
- Earnings Releases
  SES AI Corp reported financial results for fiscal quarter ended September 30, 2022.
  - Period: fiscal quarter ended September 30, 2022
  - Result: reported results
  source text: On November 9, 2022, SES AI Corporation (the “Company”) released a letter to its shareholders, which includes a business update and the Company’s financial results for the fiscal quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819142/000155837022017175/0001558370-22-017175-index.htm

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