secwatch.observer — SEC 8-K summary
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Issuer:     Seer, Inc. (SEER)
CIK:        0001726445
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001628280-23-016825
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seer Q1 revenue $4.1M, up 22% YoY; net loss $24M; FY23 guidance reaffirmed $23-25M
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- Revenue $4.1M, up 22% YoY driven by consumable kit sales including $1.3M related party.
- Gross margin 51%; operating expenses $29.5M (up 18%) with $8.7M stock-based comp.
- Net loss $24.0M compared to $23.6M in prior year quarter.
- Cash and investments $410.5M as of March 31, 2023.
- Full year 2023 revenue guidance reaffirmed $23M-$25M (48-61% growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726445/000162828023016825/0001628280-23-016825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726445/000162828023016825/seer-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-016825

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