SenesTech Q2 2023 revenue $305K, net loss $2.0M; July sales up 126% YoY

SenesTech, Inc.

2023-Q2 EPS reported -$1.83 revenue$538,000

Q2 revenue $305K vs $277K YoY; gross profit margin 46% (51% excl. one-time write-downs).
Net loss $2.0M vs $2.6M YoY; adjusted EBITDA loss $1.7M vs $2.3M.
July 2023 sales grew 126% YoY; launched Isolate Bait System; soft bait formulation nearing release.
Cash $2.2M at June 30; SG&A reduced by $500K, lowering cash flow breakeven point.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SenesTech, Inc. reported second quarter ended June 30, 2023 results: net income Net loss during Q2 2023 was $2.0 million, compared with a net loss of $2.6 million for Q2 2022..

Period: second quarter ended June 30, 2023
Net income: Net loss during Q2 2023 was $2.0 million, compared with a net loss of $2.6 million for Q2 2022.
Result: reported results

Exact text from the filing

Revenue during Q2 2023 was $305,000 compared to $277,000 in Q2 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SenesTech, Inc. reported second quarter ended June 30, 2023 results: net income Net loss during Q2 2023 was $2.0 million, compared with a net loss of $2.6 million for Q2 2022..

Period: second quarter ended June 30, 2023
Net income: Net loss during Q2 2023 was $2.0 million, compared with a net loss of $2.6 million for Q2 2022.
Result: reported results

Exact text from the filing

Net loss during Q2 2023 was $2.0 million, compared with a net loss of $2.6 million for Q2 2022.

View on SEC.gov

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SenesTech, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-028845

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