{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-029198","form_type":"8-K","ticker":"ABSI","cik":"0001672688","company_name":"Absci Corp","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.801769+00:00","generated_at":"2026-06-11T11:33:19.689534+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Absci appoints new CFO; Q2 revenue up but net loss widens on $21.3M goodwill impairment","bullets":["Zach Jonasson, Ph.D. named CFO and CBO effective Aug 31, 2023, replacing retiring CFO Greg Schiffman.","Q2 revenue $3.4M vs $1.0M YoY; net loss $41.7M (incl. $21.3M goodwill impairment) vs $28.7M.","Cash and equivalents $124.6M; expects cash runway into late 2025.","Entered partnership with a Google Ventures-backed biotech; HIV vaccine collab with Caltech and Gates Foundation; completed Merck enzyme programs.","Expects at least 10 new Active Programs in 2023; gross cash use projected ~$90M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-029198","json":"https://secwatch.observer/filing/0001628280-23-029198.json","markdown":"https://secwatch.observer/filing/0001628280-23-029198.md","text":"https://secwatch.observer/filing/0001628280-23-029198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1672688/000162828023029198/0001628280-23-029198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1672688/000162828023029198/absc-20230811.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:33:19.689534+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"646672af4837fe0a6dc34b50dc5c931b5850090b","claim":"Absci Corp reported second quarter ended June 30, 2023 results: revenue $3.4 million, net income Net loss was $41.7 million. Guidance reaffirmed.","evidence_excerpt":"Revenue was $3.4 million for the three months ended June 30, 2023 compared to $1.0 million for the three months ended June 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1672688/000162828023029198/0001628280-23-029198-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$3.4 million"},{"label":"Net income","value":"Net loss was $41.7 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"908ee7176d","claim":"Gregory Schiffman retired as Chief Financial Officer at Absci Corp.","evidence_excerpt":"On August 11, 2023, Gregory Schiffman, the Company’s Chief Financial Officer, notified the Company of his decision to retire.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1672688/000162828023029198/0001628280-23-029198-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"aa7f7e909e","claim":"Zachariah Jonasson was appointed as Chief Financial Officer and Chief Business Officer at Absci Corp.","evidence_excerpt":"On August 11, 2023, the Company’s Board of Directors appointed Zachariah Jonasson, Ph.D. as the Company’s Chief Financial Officer, Chief Business Officer and Treasurer, effective as of August 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1672688/000162828023029198/0001628280-23-029198-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Chief Business Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}