ESS Tech reports Q3 revenue $189K, appoints Anthony Rabb as CFO

ESS Tech, Inc.

Q3 2022 revenue of $189K from one Energy Warehouse unit deployed by Sycamore International.
Automated manufacturing line installation underway; expected fully operational before year-end, enabling >750 MWh annual capacity.
Announced multi-year agreement with SMUD to supply up to 2 GWh of long-duration storage, shipments starting in 2023.
CFO Amir Moftakhar resigned Nov 4; Anthony Rabb appointed, previously CFO of Total Safety and Mirion.
Vince Canino appointed COO on August 26, 2022.

item 2.02 item 5.02 item 9.01

Executive movements

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

Departed

Amir Moftakhar

Chief Financial Officer

GWH · ESS Tech, Inc.

Effective: 2022-11-04
Successor: Anthony Rabb
Filed: November 3, 2022, 7:59 PM ET

On November 3, 2022, Amir Moftakhar, Chief Financial Officer of the Company tendered his resignation as Chief Financial Officer to be effective as of November 4, 2022.

Appointed

Anthony Rabb

Chief Financial Officer

GWH · ESS Tech, Inc.

Effective: 2022-11-04
Filed: November 3, 2022, 7:59 PM ET

On November 3, 2022, the Company announced the appointment of Anthony Rabb as Chief Financial Officer of the Company, effective November 4, 2022

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ESS Tech, Inc. reported third quarter of 2022 ended September 30, 2022 results: revenue $189 thousand.

Period: third quarter of 2022 ended September 30, 2022
Revenue: $189 thousand
Result: reported results

Exact text from the filing

quarter, which should increase our annual production capacity to over 750 MWh. The fully-automated manufacturing line is expected to be operational before year end. • Recognized $189 thousand in revenue in the third quarter on one Energy WarehouseTM that was delivered to partner TerraSol Energies in the second quarter. This unit was deployed by Sycamore International,

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Amir Moftakhar resigned as Chief Financial Officer at ESS Tech, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On November 3, 2022, Amir Moftakhar, Chief Financial Officer of the Company tendered his resignation as Chief Financial Officer to be effective as of November 4, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Rabb was appointed as Chief Financial Officer at ESS Tech, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On November 3, 2022, the Company announced the appointment of Anthony Rabb as Chief Financial Officer of the Company, effective November 4, 2022

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

ESS Tech, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-028186

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