secwatch.observer — SEC 8-K summary
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Issuer:     Aurora Innovation, Inc. (AUR)
CIK:        0001828108
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001828108-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aurora Q1 2022: $42M revenue, $1.5B cash; progresses autonomous trucking pilot with Werner
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- Collaboration revenue $42M from Toyota development work; OpEx $185M incl SBC ($156M excl SBC).
- R&D spend $128M, SG&A $28M; operating cash burn $136M, capex $6M.
- Launched Aurora Horizon pilot with Werner on Fort Worth-El Paso lane; doubled commercial miles vs 2021.
- Introduced Aurora Beacon fleet management suite; Aurora Driver Beta 2.0 cut policy interventions by 85%.
- Cash and short-term investments $1.5B; targeting Aurora Horizon commercial launch in late 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828108/000182810822000041/0001828108-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828108/000182810822000041/aur-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001828108-22-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer