Financial Performance - Q2 2022 revenues were $1.2 million, up from $0.5 million in Q2 2021, with a backlog of $1.5 million as of June 30, 2022[5] - Revenues for the three months ended June 30, 2022, were $1,236,000, compared to $521,000 for the same period in 2021, representing an increase of 137.6%[15] - Gross profit for the six months ended June 30, 2022, was $1,391,000, up from $423,000 in the same period of 2021, reflecting a growth of 228.4%[15] - The net loss for the three months ended June 30, 2022, was $11,593,000, compared to a net loss of $10,582,000 for the same period in 2021, indicating a decline of 9.6%[15] - Basic and diluted net loss per share attributable to ordinary shareholders for the three months ended June 30, 2022, was $(0.18), an improvement from $(1.11) in the same period of 2021[15] Expenses and Cash Flow - Operating expenses increased to $13.0 million in Q2 2022 from $6.9 million in Q2 2021, primarily due to higher R&D expenses[6] - Total operating expenses for the three months ended June 30, 2022, were $12,984,000, compared to $6,890,000 in the same period of 2021, an increase of 88.5%[15] - Net cash used in operating activities for the three months ended June 30, 2022, was $(10,569,000), compared to $(6,194,000) for the same period in 2021, representing an increase of 70.5%[17] - Cash, cash equivalents, and restricted cash at the end of the period for June 30, 2022, were $71,436,000, compared to $3,305,000 at the end of June 30, 2021[17] Research and Development - Research and development expenses for the three months ended June 30, 2022, were $9,534,000, up from $5,841,000 in the same period of 2021, an increase of 63.2%[15] Future Outlook - Management expects full-year revenues to range from $7 million to $11 million, heavily weighted towards the end of the year[9] - Arbe is on track to achieve a revenue goal of $312 million by 2025[9] - Arbe is shortlisted in 8 RFPs/RFQs, with total potential revenues estimated at $7.5 billion by the end of the decade[2] Product Development - Arbe's Lynx Surround Imaging Radar was introduced, targeting the demand for 360° long-range sensing[3] - HiRain Technologies plans to reach mass production of Imaging Radars based on Arbe's chipset by 2023[2] Profitability Metrics - Adjusted EBITDA for the three months ended June 30, 2022, was $(9,530,000), compared to $(6,443,000) for the same period in 2021, reflecting a decline of 48.5%[20] - Gross margin for Q2 2022 was 72.8%, compared to 31.9% in Q2 2021, driven by economies of scale and reduced costs[5]

Arbe Robotics Ltd (NASDAQ:ARBE) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Mor Assia - Founding Partner and Co-CEO of iAngels & Director of Arbe Kobi Marenko - Co-Founder, CEO & Director Gonen Barkan - Chief Radar Officer Karine Pinto-Flomenboim - Chief Financial Officer Alexander Hitzinger - Member of the Board of Director Conference Call Participants Mor Assia Thank you everyone for joining us today. Welcome to Arbe's First Quarter of 2022 Financial Results Fireside Ch ...

Arbe Robotics Ltd (NASDAQ:ARBE) Q4 2021 Earnings Conference Call March 1, 2022 8:30 AM ET Company Participants Miri Segal - MS-IR LLC Jacob Marenko - Co-Founder, CEO & Director Karine Pinto-Flomenboim - CFO Conference Call Participants Joshua Buchalter - Cowen and Company Suji Desilva - ROTH Capital Partners Matthew Galinko - Maxim Group Jaime Perez - R.F. Lafferty & Co. Operator Good morning, and good day, and welcome to Arbe's Fourth Quarter and Full Year 2021 Conference Call. [Operator Instructions]. I w ...