ESS Tech, Inc. - 8-K Filing
ESS Tech reported Q1 2026 revenue of $128 thousand, down from $0.6 million in the prior-year period due to fewer deliveries. The company reduced total operating expenses by 33% year-over-year to $6.7 million and improved its net loss to $(15.9) million or $(0.54) per share compared with a prior-year loss of $(18.0) million, or $(1.50) per share. ESS ended the quarter with unrestricted cash and equivalents totaling $21.5 million after raising $15 million through a registered direct offering. (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits (d) Exhibits ExhibitNo)
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