{"schema_version":"secwatch.filing_event.v1","accession":"0000056701-23-000005","form_type":"8-K","ticker":"KOSS","cik":"0000056701","company_name":"KOSS CORP","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.744415+00:00","generated_at":"2026-06-20T08:37:48.334034+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Koss Q2 sales drop 25.9%, net loss of $1.15M vs prior year profit","bullets":["Sales $3.27M, down 25.9% from $4.42M in prior year Q2.","Net loss $1.15M vs prior year net income $0.58M; diluted EPS -$0.12 vs +$0.06.","Six-month net income $8.80M vs $0.48M; basic EPS $0.96 vs $0.05 (includes non-recurring items).","CEO blames distributor overstock, Europe conflict, high energy costs, and unfavorable sales mix.","Legal fees recorded in Q2 were the main contributor to the quarterly net loss."],"urls":{"canonical":"https://secwatch.observer/filing/0000056701-23-000005","json":"https://secwatch.observer/filing/0000056701-23-000005.json","markdown":"https://secwatch.observer/filing/0000056701-23-000005.md","text":"https://secwatch.observer/filing/0000056701-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000005/0000056701-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000005/koss-20230126x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:37:48.334034+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"754bce8f41c4375631f0d6606012a2e19d7e30b5","claim":"KOSS CORP reported the second quarter ended December 31, 2022 results: revenue $3,271,931, net income $1,146,879, EPS $0.12.","evidence_excerpt":"Sales for the second quarter ended December 31, 2022 were $3,271,931 , a decline of 25.9 % compared to $ 4, 415,886 for the same period in the prior year . The net loss for the three months was $1,146,879 compared to net income of $578,969 for the second quarter of the prior year. B asic and diluted loss per common share for the quarter was $ 0.12 compared to basic and diluted income per common share of $0.06 for the same three-month period one year ago .","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000005/0000056701-23-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended December 31, 2022"},{"label":"Revenue","value":"$3,271,931"},{"label":"Net income","value":"$1,146,879"},{"label":"EPS","value":"$0.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}