secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001628280-24-022205
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech Q1 revenue $415K record, up 78% YoY; Evolve drives >50% of sales
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- Q1 2024 revenue $415,000, up 78% from $233,000 in Q1 2023; record quarterly revenue.
- Net loss narrowed to $1.8M from $2.0M; adjusted EBITDA loss $1.7M vs $1.8M.
- Evolve soft bait accounted for >50% of Q1 revenue; became biggest-selling product.
- Launched Evolve Mouse in May 2024; extended distribution to Amazon, rep groups, 4,500 retail locations.
- Cash at March 31, 2024 was $3.6M; New York City Council proposed deploying EPA-approved rat birth control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000162828024022205/0001628280-24-022205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000162828024022205/snes-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022205

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