---
schema_version: "secwatch.filing_event.v1"
accession: "0000056701-23-000011"
form_type: "8-K"
ticker: "KOSS"
cik: "0000056701"
company_name: "KOSS CORP"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:07:01.074286+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Koss posts Q3 sales drop of 27.3% and net loss of $232,853; EPS -$0.03

## Summary
- Q3 sales $3.37M, down 27.3% YoY; net loss $232,853 vs net income $403,204.
- Basic and diluted loss per share $0.03 vs net income per share $0.04 in prior year.
- Nine-month sales $9.996M, down 25.5%; net income $8.565M vs $0.883M.
- CEO cites consumer spending slowdown, Russia-Ukraine impact on European sales, 35% decline in Asia.
- Gross margins pressured by higher freight rates and lower volumes; monitoring UPS contract talks.

## SEC filing metadata
- accession: 0000056701-23-000011
- form_type: 8-K
- ticker: KOSS
- cik: 0000056701
- company_name: KOSS CORP
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56701/000005670123000011/0000056701-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56701/000005670123000011/koss-20230511x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056701-23-000011
- JSON: https://secwatch.observer/filing/0000056701-23-000011.json
- Plain text: https://secwatch.observer/filing/0000056701-23-000011.txt

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