---
schema_version: "secwatch.filing_event.v1"
accession: "0001819142-24-000011"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:37:30.687574+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SES AI reports FY2023 net loss of $53.4M; enters B-sample JDA for Li-Metal batteries

## Summary
- Q4 2023 net loss $10.75M ($0.03 loss per share); full year net loss $53.4M vs $50.99M in 2022.
- Operating expenses FY2023 $78.2M; cash used in operations $56.4M, capex $15.8M.
- Ended 2023 with $332M liquidity; expects 2024 operating cash use $90-100M, capex $20-30M.
- Signed world's first automotive B-sample JDA for Li-Metal with major automaker.
- Avatar AI incident prediction accuracy improved to 92% in 2023; targeting 95% in 2024.

## SEC filing metadata
- accession: 0001819142-24-000011
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000011/0001819142-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000011/ses-20240226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819142-24-000011
- JSON: https://secwatch.observer/filing/0001819142-24-000011.json
- Plain text: https://secwatch.observer/filing/0001819142-24-000011.txt

## Key facts
- Earnings Releases
  SES AI Corp reported financial results for the fiscal quarter and fiscal year ended December 31, 2023.
  - Period: the fiscal quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On February 26, 2024, 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 and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000011/0001819142-24-000011-index.htm

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