Tempo Automation Holdings Inc (PK:TMPOQ)
Business Focus: IT Services & Consulting
| Sector: Technology | Industry: IT Services & Consulting |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2460 Alameda Street SAN FRANCISCO CA 94103 |
| Tel: | N/A |
| Website: | acev.io/home |
| IR: | See website |
| Key People | ||
| Joy Weiss President, Chief Executive Officer, Director | Keith Alan Tainsky Interim Chief Financial Officer | Ralph Richart Chief Technology and Manufacturing Officer |
| Business Overview |
| Tempo Automation Holdings, Inc. is a software-accelerated electronics manufacturer. The Company works with various other companies across industries, including space, semiconductor, aviation and defense, medical device, as well as industrials and e-commerce. It has developed a technology-enabled manufacturing platform. Its platform offers customer benefits through its front-end customer portal, which provides quoting, ordering, and complex data ingestion via a cloud-based interface. Its front-end customer portal offers analysis, interpretation, and visual rendering of engineering, design, and supply chain data, which allows hardware engineers to reach a manufacturable design; back-end manufacturing software, which is a continuous, bi-directional digital thread that connects its customers to its smart factories, weaving together manufacturing processes and design data, and connected network of smart factories, which deliver turnkey printed circuit board fabrication and assembly. |
| Financial Overview |
| For the three months ended 31 March 2023, Tempo Automation Holdings Inc revenues decreased 29% to $2.8M. Net loss decreased 41% to $7.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Interest expense decrease of 94% to $119K (expense), Sales and marketing - Balancing value decrease of 63% to $1.1M (expense). |
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