Amprius FY2022 rev $4.4M, net loss $17.3M; 500 Wh/kg batteries verified, plans Colorado gigafactory

Amprius Technologies, Inc.

FY2022 revenue $4.4M (product $2.4M, development $1.8M); net loss $17.3M ($0.24 diluted EPS).
Cash $69.7M, no debt; shipments up 65% YoY; GAAP gross margin negative 123%.
Achieved 500 Wh/kg battery verification, 0-80% charge in <10 min, passed military nail penetration test.
Expanding Fremont to 2 MWh capacity by end 2023; selected Brighton, CO for up to 10 GWh facility.
Formed Amprius Lab (Fremont) and Amprius Fab (Brighton); COO Jon Bornstein named President of Lab.

item 2.02 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Amprius Technologies, Inc. reported financial results for fourth fiscal quarter and full year ended December 31, 2022.

Period: fourth fiscal quarter and full year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 23, 2023, Amprius Technologies, Inc. (the “Company”) announced its business and financial results for its fourth fiscal quarter and full year ended December 31, 2022.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Amprius Technologies, Inc.: The board of directors approved and adopted amended and restated bylaws, addressing universal proxy rules, Delaware law changes, and technical updates (effective 2023-03-21).

Change: bylaw amendment
Effective: 2023-03-21

Exact text from the filing

On March 21, 2023, the board of directors of the Company approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective immediately.

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Amprius Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001899287-23-000021

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