secwatch.observer — SEC 8-K summary
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Issuer:     SES AI Corp (SES)
CIK:        0001819142
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001819142-24-000045
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.02, 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SES AI Q3 net loss $30.2M; lowers FY cash guidance; Li-Metal cells pass safety test
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- GAAP net loss of $30.2M ($0.09 EPS); operating expenses $34.2M.
- Full-year 2024 cash usage guidance reduced to $80M-$95M from $100M-$120M.
- 100Ah Li-Metal B-samples passed GB38031-2020 global EV safety test; milestone toward C-samples and SOP.
- UAM lines completed SAT; signed cell supply agreements including with SoftBank.
- AI-accelerated battery material discovery revenue pipeline expected in Q4 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819142/000181914224000045/0001819142-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819142/000181914224000045/ses-20241029x8k.htm
  HTML page:      https://secwatch.observer/filing/0001819142-24-000045

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