secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001628280-25-012340
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech reports Q4 revenue up 70% YoY, gross margin 61%, launches $2M cost reduction plan
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- Q4 revenue $501K, +70% YoY; gross margin 60.9% (vs 43.7%); net loss $1.3M (vs $1.7M).
- Adjusted EBITDA loss narrowed to $1.1M from $1.6M; cash $1.3M at year-end, raised ~$2M in Q1 2025.
- New operating optimization targets $2M annual expense reduction; cash flow breakeven now at ~$7M revenue (was $12M).
- Evolve Rat and Evolve Mouse products drove 52% and 24% of Q4 revenue respectively; NYC pilot order received.
- International expansion: distribution agreements in 10 countries; shipments to Hong Kong, UAE, Netherlands, Maldives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000162828025012340/0001628280-25-012340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000162828025012340/snes-20250312.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-012340

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