---
schema_version: "secwatch.filing_event.v1"
accession: "0001828108-23-000016"
form_type: "8-K"
ticker: "AUR"
cik: "0001828108"
company_name: "Aurora Innovation, Inc."
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T11:55:51.725481+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aurora Q4 2022: $114M goodwill impairment, $141M cash burn, targeting Feature Complete by Q1 2023

## Summary
- Q4 operating expenses $314M, including $114M non-cash goodwill impairment and $44M stock-based comp.
- Cash operating expenses $156M ($131M R&D, $25M SG&A); cash used in Q4 operations $141M.
- Ended 2022 with $1.1B cash and short-term investments; expects liquidity to fund through mid-2024.
- Cumulative collaboration revenue from Toyota fully recognized at $150M; $2M recognized in Q4.
- Exceeded Q4 target of 30 loads/week; already at 40 loads/week in Q1 2023; 1,150 loads, 324k miles, 98% on-time.

## SEC filing metadata
- accession: 0001828108-23-000016
- form_type: 8-K
- ticker: AUR
- cik: 0001828108
- company_name: Aurora Innovation, Inc.
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000016/0001828108-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000016/aur-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828108-23-000016
- JSON: https://secwatch.observer/filing/0001828108-23-000016.json
- Plain text: https://secwatch.observer/filing/0001828108-23-000016.txt

## Key facts
- Earnings Releases
  Aurora Innovation, Inc. reported financial results for quarter ended December 31, 2022.
  - Period: quarter ended December 31, 2022
  - Result: reported results
  source text: On February 15, 2023, Aurora Innovation, Inc. (the “Company”) announced its financial results for its quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000016/0001828108-23-000016-index.htm

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