{"schema_version":"secwatch.filing_event.v1","accession":"0000320121-23-000053","form_type":"8-K","ticker":"TLS","cik":"0000320121","company_name":"TELOS CORP","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.636960+00:00","generated_at":"2026-06-08T07:58:05.404297+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Telos Q3 revenue $36.2M, beats guidance; raises full-year outlook on all metrics","bullets":["Revenue $36.2M, above high end of guidance; down 43% YoY from $63.6M.","GAAP net loss $8.7M ($0.12 EPS); adjusted net loss $4.7M ($0.07 adjusted EPS).","Gross margin expanded 303 bps YoY to 36.0%; non-GAAP gross margin 41.5%.","Generated $0.8M cash from operations; free cash flow negative $3.0M.","Raised full-year 2023 outlook for revenue, margins, and adjusted EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0000320121-23-000053","json":"https://secwatch.observer/filing/0000320121-23-000053.json","markdown":"https://secwatch.observer/filing/0000320121-23-000053.md","text":"https://secwatch.observer/filing/0000320121-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/320121/000032012123000053/0000320121-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/320121/000032012123000053/tls-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:58:05.404297+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":"2380dafd700dc09d375fab40067f994f83c55c04","claim":"TELOS CORP reported the third quarter 2023 results: revenue $36.2 million, net income GAAP Net Loss $(8.7), EPS GAAP EPS $(0.12). Guidance raised.","evidence_excerpt":"Margin, Returns to Positive Cash Flow From Operations, and Raises Full-Year Outlook • Reports Third Quarter Results Above High End of Guidance Range on All Metrics • Delivered $36.2 Million of Revenue, Reflecting Outperformance by Security Solutions and Official Launch of TSA PreCheck ® Program • Expanded Gross Margin by 303 Basis Points Year-over-Year to 36.0%;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/320121/000032012123000053/0000320121-23-000053-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter 2023"},{"label":"Revenue","value":"$36.2 million"},{"label":"Net income","value":"GAAP Net Loss $(8.7)"},{"label":"EPS","value":"GAAP EPS $(0.12)"},{"label":"Guidance","value":"raised"},{"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"}