secwatch.observer — SEC 8-K summary
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Issuer:     SES AI Corp (SES)
CIK:        0001819142
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001819142-23-000055
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819142/000181914223000055/0001819142-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819142/000181914223000055/ses-20230508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001819142-23-000055

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