---
schema_version: "secwatch.filing_event.v1"
accession: "0001819142-24-000022"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:49:16.956611+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SES AI Q1 loss $15.6M, affirms guidance; secures two B-sample JDAs, first Li-Metal line at Hyundai

## Summary
- Net loss $15.6M ($0.05/sh); operating expenses $21.3M; cash used $9.0M; capex $6.8M.
- FY2024 guidance affirmed: cash from ops $90-100M, capex $20-30M; liquidity $319M.
- First Li-Metal battery co with two B-sample JDAs; building line inside Hyundai's facility (Q4 2024).
- Avatar AI prediction accuracy 92% (2022:60%); target 95% by year end 2024.
- UAM line conversion by Sep 2024; sampling deals with top five UAM OEMs.

## SEC filing metadata
- accession: 0001819142-24-000022
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2024-05-02T23:59:59+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/1819142/000181914224000022/0001819142-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000022/ses-20240502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819142-24-000022
- JSON: https://secwatch.observer/filing/0001819142-24-000022.json
- Plain text: https://secwatch.observer/filing/0001819142-24-000022.txt

## Key facts
- Earnings Releases
  SES AI Corp reported financial results for the fiscal quarter ended March 31, 2024.
  - Period: the fiscal quarter ended March 31, 2024
  - Result: reported results
  source text: On May 2, 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 ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000022/0001819142-24-000022-index.htm

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