{"schema_version":"secwatch.filing_event.v1","accession":"0000056701-23-000024","form_type":"8-K","ticker":"KOSS","cik":"0000056701","company_name":"KOSS CORP","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.391552+00:00","generated_at":"2026-06-11T04:25:01.598756+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Koss Q4 sales down 27.6% to $3.1M; net loss of $0.03/sh; FY net income $8.3M on $13.1M revenue","bullets":["Q4 sales $3,104,031 (-27.6% YoY); net loss $(262,631) vs income $385,595 a year ago.","Diluted EPS: Q4 loss $(0.03) vs income $0.04; FY diluted EPS $0.85 vs $0.13.","FY sales $13,099,651 (-26.0% from $17,705,519); net income $8,302,380 vs $1,268,409.","Education sector orders down ~70%; DTC sales softened; export & domestic distributor declines noted.","Gross margins fell nearly 4 percentage points due to lower domestic distributor sales; pricing actions helped offset cost inflation."],"urls":{"canonical":"https://secwatch.observer/filing/0000056701-23-000024","json":"https://secwatch.observer/filing/0000056701-23-000024.json","markdown":"https://secwatch.observer/filing/0000056701-23-000024.md","text":"https://secwatch.observer/filing/0000056701-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/0000056701-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/koss-20230824x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:25:01.598756+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":"dc3b853a6db1a0c53631ea4ad1254b07a4a87299","claim":"KOSS CORP reported for the fourth quarter and fiscal year ended June 30, 2023 results: revenue Sales for the fourth fiscal quarter were $3,104,031, net income The net loss for the three months ended June 30, 2023 was $(262,631), EPS Both basic and diluted loss per common share for the quarter were ($0.03).","evidence_excerpt":"U.S. based high-fidelity head phone company, has reported its results for the fourth quarter and fiscal year ended June 30 , 20 2 3 . Sales for the fourth fiscal quarter were $ 3,104,031 , a decline of 2 7.6 % compared to $ 4,290,013 for the same period in the prior year . The net loss for the three months ended June 30, 2023 was $(262,631) while a net income of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000024/0000056701-23-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the fourth quarter and fiscal year ended June 30, 2023"},{"label":"Revenue","value":"Sales for the fourth fiscal quarter were $3,104,031"},{"label":"Net income","value":"The net loss for the three months ended June 30, 2023 was $(262,631)"},{"label":"EPS","value":"Both basic and diluted loss per common share for the quarter were ($0.03)"},{"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"}