secwatch.observer — SEC 8-K summary
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Issuer:     Aurora Innovation, Inc. (AUR)
CIK:        0001828108
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001828108-24-000086
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aurora Q1: cash $1.2B, cash use $150M; ARM 95%; 75% driverless loads up 13pts QoQ
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- Operating cash use $150M in Q1; expects quarterly cash use avg $175-185M in 2024.
- Cash & investments $1.2B; runway into Q4 2025; capex $8M in Q1.
- Autonomy Readiness Measure (ARM) for Dallas-Houston launch lane reached 95% as of mid-April.
- 100% API (no on-site support) loads hit 75% in Q1, up from 62% in Q4; ~120 commercial loads per week.
- Cumulative 5,450 autonomous deliveries, ~1.5M miles, nearly 100% on-time performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828108/000182810824000086/0001828108-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828108/000182810824000086/aur-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001828108-24-000086

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