Quantum-Si Incorporated Reports Q1 2023 Net Loss of $23.6 Million

Quantum-Si Incorporated,(QSI) a leading technology company focused on advancing the field of proteomics, has released its unaudited condensed consolidated financial statements for the first quarter ended March 31, 2023. The company reported a net loss of $23.6 million for the quarter and generated $254,000 in total revenue. The financial data provides insights into Quantum-Si's performance and its efforts to drive innovation in the proteomics space.

Quantum-Si's Net Loss of $23.6 Million in Q1 2023

Quantum-Si faced a net loss of $23.6 million in the first quarter of 2023. This loss is attributed to operating expenses and various financial factors affecting the company's performance during the period.

Revenue of $254,000 Recorded in Q1 2023