Amprius Q4 revenue $3.9M, up from $0.8M YoY; full-year net loss $36.8M

Amprius Technologies, Inc.

Q4 revenue $3.9M (+$3.1M YoY, +$1.1M seq.); full-year 2023 revenue $9.1M, over 100% growth from 2022.
GAAP net loss for 2023 was $36.8M ($0.43/share) vs $12.1M ($0.24/share) in 2022; gross margin negative 162%.
Exited Q4 with $45.8M cash and no debt; raised ~$6.5M via ATM facility through March 18, 2024.
Fremont capacity expanding from ~250 kWh to 2 MWh by end of 2024; Brighton GWh facility on track for 2025.
500 Wh/kg battery platform to ship in 2024; 400 Wh/kg/10C cells commercializing; SiCore product family launched.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Amprius Technologies, Inc. reported financial results for fiscal fourth quarter and full year ended December 31, 2023.

Period: fiscal fourth quarter and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 21, 2024, Amprius Technologies, Inc. (the “Company”) announced its business and financial results for its fiscal fourth quarter and full year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001899287-24-000009

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