---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-22-000006"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:50:54.925531+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q1 revenue falls 17% to $5.0M; net loss widens to $1.8M

## Summary
- Net sales $5.0M, down 17% YoY; net loss $1.8M ($0.21/sh) vs loss $0.3M ($0.04/sh) in Q1 2021.
- Gross margin 46.4% vs 55.5% a year ago; Adjusted EBITDA -$932K vs +$173K.
- Bookings $6.2M (flat QoQ); backlog $4.1M (up from $2.9M Dec 2021).
- Shanghai lockdown delayed ~$1M revenue; automotive 63% of bookings; 6 new customer wins.
- Repatriated $4.4M from China, incurring $442K withholding tax; cash $12.3M, no debt.

## SEC filing metadata
- accession: 0000351998-22-000006
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199822000006/0000351998-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199822000006/f8k-april2022q1results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-22-000006
- JSON: https://secwatch.observer/filing/0000351998-22-000006.json
- Plain text: https://secwatch.observer/filing/0000351998-22-000006.txt

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