secwatch.observer — SEC 8-K summary
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Issuer:     Quantum-Si Inc (QSI)
CIK:        0001816431
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001816431-24-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum-Si Q3 revenue $787k; CEO warns full-year revenue guidance unlikely
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- Q3 2024 revenue $787k, gross margin 47%; net loss $25.3M vs $24.7M a year ago.
- CEO says full-year guided revenue of $3.7-$4.2M unlikely due to lengthening sales cycles.
- New library prep and barcoding kits remain on track for Q4 launch.
- Appointed Todd Bennett as CCO, John Vieceli as Chief Product Officer, Lindsay Thompson as CHRO.
- Adjusted EBITDA negative $24.5M in Q3 vs negative $22.6M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000013/0001816431-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000013/qsi-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001816431-24-000013

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