secwatch.observer — SEC 8-K summary
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Issuer:     Schrodinger, Inc. (SDGR)
CIK:        0001490978
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001564590-22-017846
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schrödinger Q1 total revenue up 51% to $48.7M; net loss widens to $34.5M
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- Software revenue $33.1M (+26% YoY); drug discovery revenue $15.6M (+169% YoY).
- Net loss of $34.5M compared to $0.5M loss in Q1 2021.
- Maintains full-year 2022 total revenue guidance of $161M-$181M.
- Cash, equivalents, and marketable securities of ~$529M; MALT1 IND on track for H1 2022.
- Software gross margin 77%; operating expenses $56.6M, up 41% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490978/000156459022017846/0001564590-22-017846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490978/000156459022017846/sdgr-8k_20220504.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-017846

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