---
schema_version: "secwatch.filing_event.v1"
accession: "0001819142-23-000055"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T14:04:14.905569+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SES AI reports Q1 net loss $0.05/sh, cash $373M, reiterates 2023 guidance

## Summary
- Q1 operating expenses $21.6M (R&D $8.5M, G&A $13.1M); net loss per diluted share $0.05.
- Cash used in ops $15.4M; capex $6.0M; cash & marketable securities $373M at quarter end.
- FY2023 guidance unchanged: total cash usage $130-170M; B-sample transition on track for 2023.
- Line 4 facility complete, dry rooms expected summer, equipment arrival fall, ready first-half 2024.

## SEC filing metadata
- accession: 0001819142-23-000055
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000181914223000055/0001819142-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000181914223000055/ses-20230508x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819142-23-000055
- JSON: https://secwatch.observer/filing/0001819142-23-000055.json
- Plain text: https://secwatch.observer/filing/0001819142-23-000055.txt

## Key facts
- Earnings Releases
  SES AI Corp reported financial results for the fiscal quarter ended March 31, 2023.
  - Period: the fiscal quarter ended March 31, 2023
  - Result: reported results
  source text: On May 8, 2023, SES AI Corporation (the “Company”) released a letter to its shareholders, which includes a business update and the Company’s financial results for the fiscal quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819142/000181914223000055/0001819142-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.