---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-009113"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:50:41.910727+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-22-009113
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1757715/000156459022009113/0001564590-22-009113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000156459022009113/ater-8k_20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-009113
- JSON: https://secwatch.observer/filing/0001564590-22-009113.json
- Plain text: https://secwatch.observer/filing/0001564590-22-009113.txt

## Key facts
- Executive change
  Tomer Pascal resigned as Chief Revenue Officer at Aterian, Inc..
  - Action: resigned
  - Role: Chief Revenue Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000156459022009113/0001564590-22-009113-index.htm

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