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Sight Sciences elects Burbach, Encrantz as directors; ratifies Deloitte as auditor
Gerhard Burbach received 24,961,185 votes for and 2,877,580 withheld; Staffan Encrantz 23,901,624 for and 3,937,141 withheld.
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Sight Sciences Q1 revenue up 13% to $19.7M; raises FY 2026 guidance; Alcon damages $55.4M
Q1 revenue $19.7M (+13% YoY); net loss $13.0M ($0.24 loss per share) vs $14.2M loss in prior year.
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Sight Sciences wins patent case vs Alcon; awarded $55.4M damages + ongoing royalty
Final judgment in Sight Sciences' patent infringement case against Alcon for Hydrus Microstent.
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Sight Sciences secures court order preserving willful-infringement verdict against Alcon; $34M award plus royalties
Order upholds jury finding that Alcon willfully infringed three Sight Sciences patents.
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Sight Sciences Q4 revenue $20.4M (+7% YoY); guides 2026 revenue $82-88M
Q4 2025 revenue $20.4M (+7% YoY); Interventional Glaucoma $19.7M (+5% YoY); Dry Eye $0.7M vs $0.3M.
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Sight Sciences amends headquarters lease, extends term to December 2028
Second Amendment to lease extends term 26 months from Nov 1, 2026 to Dec 31, 2028.
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Sight Sciences reports Q4 2025 revenue up 7% YoY; FY 2025 revenue down 3% YoY
Q4 2025 total revenue $20.3M-$20.4M, +7% vs Q4 2024; Surgical Glaucoma +5%, Dry Eye +130%.
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Sight Sciences Q3 revenue $19.9M, raises FY25 guidance; promotes COO and CFO
Surgical Glaucoma revenue $19.7M (+6% YoY); Dry Eye revenue $0.2M (-88%) as company focuses on reimbursed access.
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Sight Sciences gets Medicare pricing for TearCare from Novitas and FCSO; $1,141.59 fee
Two MACs set jurisdiction-wide pricing for CPT 0563T (TearCare) at $1,141.59, effective Jan 1, 2025.
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Sight Sciences extends interest-only period to Feb 2027, ups Tranche 3 to $25M
Interest-only period extended six months to February 1, 2027.
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Sight Sciences cuts 20% workforce; CCO departs; reaffirms FY revenue guidance
Reduces headcount by 43 (~20% of global workforce); expects cash restructuring charge of $2.7M-$3.0M in Q3 2025.
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Sight Sciences Q2 2025 revenue $19.6M (-8% YoY), raises FY25 revenue guidance to $72-76M
Net loss $11.9M ($0.23 loss per share) vs $12.3M loss in prior year.
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Sight Sciences appoints Gerhard Burbach to Board; annual meeting elects directors and ratifies auditor
Gerhard F. Burbach appointed to Board and Audit Committee (appointment previously disclosed April 21, 2025).
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Sight Sciences Q1 revenue $17.5M (-9% YoY); reaffirms FY25 guidance $70-75M; lowers expense guide
Total revenue $17.5M, down 9% YoY; Surgical Glaucoma $17.1M (-6% YoY); Dry Eye $0.4M (-60% YoY).
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Sight Sciences appoints medtech veteran Gary Burbach to board of directors
Appointed as Class II director effective April 21, 2025; term expires at 2026 annual meeting.
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Sight Sciences reports Q4 revenue $19.1M (+2% YoY); guides FY2025 revenue down 6%-12%
Q4 total revenue $19.1M (+2% YoY); Surgical Glaucoma $18.8M (+9%), Dry Eye $0.3M (down from $1.6M).
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Sight Sciences sets 2025 base salaries and bonus targets for CEO, CFO, CCO
CEO Paul Badawi base salary raised to $659K (from $640K); target bonus 75%.
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Sight Sciences prelim Q4 2024 rev $18.9-19.1M (+1% YoY); Surgical Glaucoma +9%
Surgical Glaucoma revenue $18.7-18.8M (+9% YoY at midpoint); Dry Eye rev $0.2-0.3M vs $1.6M prior year.
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Sight Sciences draws $5M additional term loan; total borrowings reach $40M
Drawdown of $5.0 million Tranche 1(b) under existing $65M Hercules Capital facility; total term loan now $40M.
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Sight Sciences reports Q3 2024 results, COO retirement, and new leadership appointments
Q3 2024 revenue was $20.2M, up 1% YoY; net loss narrowed to $11.1M ($0.22 per share) from $13.0M.
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Sight Sciences: Final Medicare LCDs confirm coverage for OMNI and SION procedures but impose usage limitations
Four MACs (Palmetto GBA, CGS, NGS, WPS) published final LCDs effective Nov 17, 2024, confirming coverage for single MIGS with phaco.
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Sight Sciences: Noridian final LCD confirms Medicare coverage for OMNI/SION but restricts certain uses
Final LCD confirms Medicare coverage for phaco/IOL with single MIGS procedure (OMNI/SION) in 16 states.
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Sight Sciences Q2 revenue $21.4M (-9% YoY); net loss $0.25/sh; FY guidance cut to $81M-$83M
Total revenue $21.4M (-9% YoY); net loss $12.3M ($0.25/sh) vs $14.8M loss in Q2 2023.
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Sight Sciences shareholders elect three Class III directors, ratify auditor
David Badawi, M.D., Tamara Fountain, M.D., and Donald Zurbay elected as Class III directors to serve until 2027.
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Sight Sciences: Draft Medicare LCDs propose no coverage restrictions for OMNI and SION
Five MACs published draft LCDs on MIGS not proposing specific coverage criteria for OMNI (canaloplasty+trabeculotomy) or SION (goniotomy).
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Sight Sciences Q1 revenue $19.3M (+2% YoY); wins $34M jury verdict against Alcon
Q1 2024 revenue $19.3M (+2% YoY); Surgical Glaucoma $18.3M (+5%), Dry Eye $1.0M (-32%).
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Sight Sciences wins $34M patent verdict against Alcon over Hydrus Microstent
Jury found Alcon willfully infringed three Sight Sciences patents (U.S. 8,287,482, 9,370,443, 11,389,328) related to Hydrus Microstent.
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Sight Sciences FY2023 revenue $81.1M (+14%); guides FY2024 $81-85M (0-5% growth)
Q4 2023 revenue $18.8M (-9% YoY); net loss $10.7M ($0.22/sh) vs $16.9M loss ($0.35/sh) prior year.
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Sight Sciences approves FY2024 exec compensation: CEO base $640K, 90% bonus target
CEO Paul Badawi base salary raised to $640,000 from $610,000; target bonus opportunity 90%.
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Sight Sciences closes $65M credit facility with Hercules Capital, draws $35M to refinance prior debt
$35M funded at closing from $65M total facility; used to repay $37.7M MidCap term loan.
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Sight Sciences extends headquarters lease through Oct 2026; rent partially abated
Lease amendment extends term 26 months from Sept 1, 2024 to Oct 31, 2026 for Menlo Park HQ.
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Sight Sciences reports MACs delay effective date of LCDs impacting OMNI and SION to January 29, 2024
Five MACs delayed effective date of local coverage determinations on Micro-Invasive Glaucoma Surgery from Dec 24, 2023 to Jan 29, 2024.
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Five MACs classify Sight Sciences' OMNI procedures as investigational; 63% of revenue at risk
Four new MACs (Palmetto, Celerian, NGS, Noridian) plus prior WPS LCD classify OMNI canaloplasty/trabeculotomy as investigational, effective Dec 24, 2023.
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Sight Sciences Q3 revenue up 7% to $20.0M, withdraws FY 2023 guidance on LCD uncertainty
Q3 revenue $20.0M (+7% YoY); Surgical Glaucoma $18.4M (+8% YoY); Dry Eye $1.6M (-1% YoY).
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Sight Sciences faces Medicare coverage threat for OMNI system; 63% of Surgical Glaucoma revenue at risk
WPS LCD classifies OMNI procedure as investigational, effective Dec 24, 2023; WPS states ~8% of 2022 Surgical Glaucoma revenue.
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Sight Sciences cuts 10% of workforce, expects $1.3M charge, reaffirms FY2023 guidance
Reduces headcount by 25 employees (~10% of global workforce) under restructuring plan.
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Sight Sciences provides CMS comments on 2024 OPPS/ASC Payment Rule for OMNI and TearCare
Submitted recommendations to CMS regarding OMNI Surgical System and TearCare System technologies.
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Sight Sciences cuts FY2023 guidance to $80-82M, cites LCD uncertainty; appoints Matt Link CCO
Q3 guidance $19-20M; FY guidance cut to $80-82M from $89-94M (12-15% YoY growth).
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Sight Sciences Q2 revenue $23.5M (+36% YoY); net loss narrows to $14.8M; reaffirms FY guidance
Revenue $23.5M, +36% YoY; Surgical Glaucoma $21.4M (+35%), Dry Eye $2.1M (+56%).
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Sight Sciences annual meeting elects directors, ratifies auditor
Encranz received 25,200,595 FOR votes; Mazzacco received 35,458,052 FOR votes.
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Sight Sciences reaffirms $89-94M 2023 revenue guidance; Palmetto proposes LCD deeming OMNI investigational
Reaffirmed FY 2023 revenue guidance of $89-94M (25-32% YoY growth) and average quarterly adjusted opex of ~$30.5M.
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Sight Sciences reaffirms FY23 revenue guidance; WPS proposes limiting MIGS coverage for OMNI
Reaffirmed FY2023 revenue guidance of $89M-$94M (25%-32% growth YoY); quarterly adjusted opex ~$30.5M.
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Sight Sciences posts investor presentation to website; no material new information disclosed
Company posted investor presentation dated May 8, 2023 on its investor relations website.
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Sight Sciences Q1 revenue up 26% to $18.8M, net loss $17.1M; reaffirms FY2023 guidance
Revenue $18.8M (+26% YoY); Surgical Glaucoma $17.3M (+25%), Dry Eye $1.5M (+47%).
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Sight Sciences appoints Alison Bauerlein as CFO; interim CFO Rodberg steps down
Alison Bauerlein named CFO & Treasurer effective April 3, 2023, succeeding interim CFO Jim Rodberg.
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Sight Sciences Q4 2022 revenue up 40% YoY to $20.5M; guides 2023 revenue $89-94M
Full-year 2022 revenue $71.3M (+46% YoY); Surgical Glaucoma $65.6M (+41%), Dry Eye $5.7M (+133%).
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Sight Sciences reports preliminary Q4 2022 revenue ~$20.5M, up 40% YoY; CFO Selnick steps down, Rodberg interim
Preliminary Q4 2022 total revenue $20.4M-$20.6M (+40% YoY); full-year revenue $71.2M-$71.4M (+46% YoY).
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Sight Sciences Q3 revenue $18.7M (+43% YoY); narrows FY22 guidance to $70-72M
Surgical Glaucoma revenue $17.1M (+37% YoY); Dry Eye revenue $1.6M (+145% YoY).
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Sight Sciences launches SION bladeless surgical instrument for goniotomy
SION is a manually operated, bladeless device that excises trabecular meshwork tissue using specialized lasers.
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Sight Sciences Q2 revenue $17.2M (+37% YoY); net loss $23.8M; FY22 guidance $68-72M
Surgical Glaucoma revenue $15.9M (+33% YoY); Dry Eye revenue $1.3M (+143% YoY).