---
schema_version: "secwatch.filing_event.v1"
accession: "0000056701-24-000041"
form_type: "8-K"
ticker: "KOSS"
cik: "0000056701"
company_name: "KOSS CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:45:01.807683+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Koss Q1 net loss widens to $0.05/share; sales down 5.1% to $3.2M

## Summary
- Net loss of $419,535 ($0.05 diluted EPS) vs $257,609 loss ($0.03) in prior year.
- Net sales declined 5.1% to $3.2M from $3.37M; domestic and education/music sales down.
- Gross margin improved to 36.6% from 31.6% on favorable mix, higher DTC and new product sales.
- European distributor sales up >30% driven by Porta Pro Wireless 2.0 launch; DTC sales also rose.
- Company recorded inventory write-off and expects freight rate increases to continue.

## SEC filing metadata
- accession: 0000056701-24-000041
- form_type: 8-K
- ticker: KOSS
- cik: 0000056701
- company_name: KOSS CORP
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56701/000005670124000041/0000056701-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56701/000005670124000041/koss-20241031x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056701-24-000041
- JSON: https://secwatch.observer/filing/0000056701-24-000041.json
- Plain text: https://secwatch.observer/filing/0000056701-24-000041.txt

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