secwatch.observer — SEC 8-K summary
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Issuer:     ESS Tech, Inc. (GWH)
CIK:        0001819438
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001819438-26-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESS Tech Q1 net loss narrows to $15.9M; revenue $128k; new AFRL and SRP/Google deals
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- Revenue $128K vs $0.6M YoY; net loss $(15.9)M ($0.54 per share) vs $(18.0)M prior year.
- Adjusted EBITDA loss improved 31% to $(10.3)M; total operating expenses down 33%.
- Total liquidity $21.5M as of Mar 31; closed $15M direct offering at $1.75/share.
- Awarded $9.9M contract with CTC/AFRL for up to 27 MWh storage system.
- Project New Horizon pilot with SRP/Google (5MW/50MWh); delivery targeted Dec 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819438/000181943826000032/0001819438-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819438/000181943826000032/wk-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001819438-26-000032

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