---
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"
generated_at: "2026-06-09T09:06:27.195821+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Koss Q1 revenue $3.37M (flat YoY); net loss of $258K vs $9.94M income prior year

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056701-23-000042
- JSON: https://secwatch.observer/filing/0000056701-23-000042.json
- Plain text: https://secwatch.observer/filing/0000056701-23-000042.txt

## Key facts
- Earnings Releases
  KOSS CORP reported first quarter ended September 30, 2023 results: revenue $3,373,938.
  - Period: first quarter ended September 30, 2023
  - Revenue: $3,373,938
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/56701/000005670123000042/0000056701-23-000042-index.htm

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