Aterian Q4 revenue up 53% to $63.3M; net loss narrows; CRO resigning

Aterian, Inc.

Q4 net revenue $63.3M (+52.6% YoY); gross margin 45.6% (vs 45.2% YoY); contribution margin fell to 7.9% from 11.2% due to supply chain issues.
Q4 operating loss improved to $(2.0)M from $(19.1)M YoY; net loss $(5.3)M vs $(44.3)M YoY; adjusted EBITDA turned negative to $(3.0)M from $0.5M.
Full year 2021 net revenue $247.8M (+33.4% YoY); net loss $(234.7)M (includes $138.9M loss on debt extinguishment) vs $(63.1)M in 2020.
Chief Revenue Officer Tomer Pascal to resign effective March 18, 2022; departure not related to any disagreement with the company.
No new product launches in Q4 2021 (vs 5 in Q4 2020) due to supply chain concerns; 40 new products launched in full year 2021.

item 2.02 item 9.01 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Tomer Pascal

Chief Revenue Officer

ATER · Aterian, Inc.

Effective: 2022-03-18
Filed: March 8, 2022, 6:59 PM ET

On March 8, 2022, Tomer Pascal notified the Company of his intent to resign from his position as the Company’s Chief Revenue Officer, effective March 18, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tomer Pascal resigned as Chief Revenue Officer at Aterian, Inc..

Action: resigned
Role: Chief Revenue Officer

Exact text from the filing

On March 8, 2022, Tomer Pascal notified the Company of his intent to resign from his position as the Company’s Chief Revenue Officer, effective March 18, 2022.

View on SEC.gov

Aterian, Inc. filing history →

Source: SEC EDGAR

accession 0001564590-22-009113

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.