secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001628280-24-036125
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech Q2 revenue $459k (+50% YoY); record H1 revenue $874k; net loss narrows; gross margin improves to 54%
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- Revenue $459k in Q2 2024, up 50% YoY; H1 revenue $874k, up 62% YoY.
- Net loss $1.6M vs $2.0M in Q2 2023; adjusted EBITDA loss $1.4M vs $1.7M.
- Gross margin improved to 54% in Q2 (67% in June) from 47% in Q1 2024 driven by manufacturing scale.
- Evolve product line contributed ~60% of YTD revenue; Evolve Mouse launched in May 2024.
- Cash $2.0M at June 30, 2024; management eyeing near-term profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000162828024036125/0001628280-24-036125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000162828024036125/snes-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-036125

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