{"schema_version":"secwatch.filing_event.v1","accession":"0000320121-24-000018","form_type":"8-K","ticker":"TLS","cik":"0000320121","company_name":"TELOS CORP","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.545474+00:00","generated_at":"2026-06-02T04:19:01.114269+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Telos Q1 revenue $29.6M (above guidance), GAAP net loss $7.4M narrows YoY","bullets":["Revenue $29.6M, down 16% YoY from $35.2M; beat high end of guided range.","GAAP gross margin 37.0% (down 127bps); cash gross margin expanded 249bps to 42.2%.","GAAP net loss $(7.4)M vs $(10.7)M YoY; GAAP EPS $(0.10), adjusted EPS $(0.08).","Adjusted EBITDA $(2.3)M (7.9% margin) vs $(0.8)M (2.4% margin) a year ago.","Expects sequential revenue growth in Q3 or Q4 '24, subject to protest resolution."],"urls":{"canonical":"https://secwatch.observer/filing/0000320121-24-000018","json":"https://secwatch.observer/filing/0000320121-24-000018.json","markdown":"https://secwatch.observer/filing/0000320121-24-000018.md","text":"https://secwatch.observer/filing/0000320121-24-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/320121/000032012124000018/0000320121-24-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/320121/000032012124000018/tls-20240510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:19:01.114269+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":"6c852c831ed07bd503bf75166320923e44b2e55c","claim":"TELOS CORP reported the first quarter of 2024 results: revenue $29.6 Million, net income GAAP Net Loss $(7.4), EPS GAAP EPS $(0.10).","evidence_excerpt":"Telos Corporation Announces First Quarter Results Above Guidance: Reports $29.6 Million of Revenue, 37.0% GAAP Gross Margin, and 42.2% Cash Gross Margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/320121/000032012124000018/0000320121-24-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$29.6 Million"},{"label":"Net income","value":"GAAP Net Loss $(7.4)"},{"label":"EPS","value":"GAAP EPS $(0.10)"},{"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"}