SES AI reports record Q1 revenue of $5.8M, authorizes $30M buyback

SES AI Corp

2025-Q1 EPS reported -$0.04 revenue$5,793,000

Q1 revenue $5.8M vs $0 year ago; net loss $12.4M ($0.04 loss per share).
Full-year 2025 revenue guidance reaffirmed at $15M-$25M; expects liquidity >$200M at year-end.
Board authorized $30M share repurchase program; can be conducted via open market or 10b5-1 plans.
To launch Molecular Universe software platform on April 29 for all battery chemistries; pre-launch interest from dozen companies.
Ended Q1 with $240M cash, cash equivalents and marketable securities, no debt.

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