---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-017548"
form_type: "8-K"
ticker: "SNES"
cik: "0001680378"
company_name: "SenesTech, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:17:37.052978+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SenesTech Q1 revenue up 19% to $233K; net loss narrows to $2.0M

## Summary
- Revenue $233K vs $195K YoY (+19%); e-commerce sales grew 54% and comprised 45% of product sales.
- Gross profit margin 39.6% (57.8% excluding defective inventory scrapping); net loss $2.0M vs $2.3M.
- Adjusted EBITDA loss $1.8M; cash $2.7M at quarter end; subsequent $1.5M registered direct offering in April 2023.
- Signed distribution agreements with Veseris and Target Specialty Products; TIME Magazine feature on ContraPest.
- Biosynthetic triptolide development with TriptoBIO; soft bait candidate progressing with Liphatech.

## SEC filing metadata
- accession: 0001628280-23-017548
- form_type: 8-K
- ticker: SNES
- cik: 0001680378
- company_name: SenesTech, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680378/000162828023017548/0001628280-23-017548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680378/000162828023017548/snes-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-017548
- JSON: https://secwatch.observer/filing/0001628280-23-017548.json
- Plain text: https://secwatch.observer/filing/0001628280-23-017548.txt

## Key facts
- Earnings Releases
  SenesTech, Inc. reported first quarter ended March 31, 2023 results: revenue $233,000, net income $2.0 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $233,000
  - Net income: $2.0 million
  - Result: reported results
  source text: Revenue during Q1 2023 was $233,000 compared to $195,000 in Q1 2022, an increase of 19%. • Gross profit during Q1 2023 was $92,000, for a gross profit margin of 39.6%, compared to $90,000, or a gross profit margin of 46.2%, in Q1 2022. Excluding costs related to the scrapping of defective inventory no longer used in our products, gross profit margin was 57.8% in Q1 2023. • Net loss during Q1 2023 was $2.0 million, compared with a net loss of $2.3 million for Q1 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680378/000162828023017548/0001628280-23-017548-index.htm

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