---
schema_version: "secwatch.filing_event.v1"
accession: "0000056701-21-000034"
form_type: "8-K"
ticker: "KOSS"
cik: "0000056701"
company_name: "KOSS CORP"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T17:02:17.812769+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Koss Q1 net sales down 16.2% YoY to $4.37M; posts net loss of $99K

## Summary
- Net sales of $4.37M, down 16.2% from $5.21M in Q1 last year.
- Net loss of $99,359 vs net income of $126,928; basic loss $0.01 per share.
- CEO cites loss of placement at US mass retail; shift to distribution/online sales.
- Online business growing; European distribution improvements offset some US softness.
- Freight cost increases and shipping delays caused backorders expected to clear next quarter.

## SEC filing metadata
- accession: 0000056701-21-000034
- form_type: 8-K
- ticker: KOSS
- cik: 0000056701
- company_name: KOSS CORP
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56701/000005670121000034/0000056701-21-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56701/000005670121000034/koss-20211028x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056701-21-000034
- JSON: https://secwatch.observer/filing/0000056701-21-000034.json
- Plain text: https://secwatch.observer/filing/0000056701-21-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.