{"schema_version":"secwatch.filing_event.v1","accession":"0000056701-23-000042","form_type":"8-K","ticker":"KOSS","cik":"0000056701","company_name":"KOSS CORP","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.727740+00:00","generated_at":"2026-06-09T09:06:27.195821+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Koss Q1 revenue $3.37M (flat YoY); net loss of $258K vs $9.94M income prior year","bullets":["Revenue $3,373,938, up 0.3% from $3,364,129 in prior-year Q1.","Net loss of $257,609 ($0.03 loss per share) vs net income of $9,944,743 ($1.09 basic EPS) a year ago.","CEO cites drop in DTC sales and overstocked domestic distributors offsetting gains from European distributor orders.","Gross margins fell due to unfavorable customer mix and higher freight rates; fixed manufacturing cost savings partially offset.","Freight rates expected to rise next quarter; company monitors supply chain environment."],"urls":{"canonical":"https://secwatch.observer/filing/0000056701-23-000042","json":"https://secwatch.observer/filing/0000056701-23-000042.json","markdown":"https://secwatch.observer/filing/0000056701-23-000042.md","text":"https://secwatch.observer/filing/0000056701-23-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000042/0000056701-23-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000042/koss-20231026x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:06:27.195821+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":"169bb930111cc7c89bb6b833f11d37ba9d36ca2b","claim":"KOSS CORP reported first quarter ended September 30, 2023 results: revenue $3,373,938.","evidence_excerpt":"based high-fidelity head phone company, has reported its results for the first quarter ended September 30 , 20 2 3 . Sales for the first quarter ended September 30, 2023 were $3,373,938 compared to $3,364,129 for the same period in the prior year , an increase of $9,809, or 0.3%. The net loss for the three months ended September 30, 2023 was $ 257 , 609 compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/56701/000005670123000042/0000056701-23-000042-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended September 30, 2023"},{"label":"Revenue","value":"$3,373,938"},{"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"}