---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-24-000010"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:48:19.251115+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q1 net loss $807K; bookings at $8.1M, revenue down 16% YoY

## Summary
- Net sales $6.1M (-16% YoY); bookings $8.1M (+41% YoY) and backlog $4.5M.
- Net loss ($807K) or ($0.09) per share vs. net income $95K in Q1 2023.
- Adjusted EBITDA loss ($364K) vs. positive $502K in prior year; gross margin 52.8% (down from 59.5%).
- Cash $12.0M, no debt; sold 500th PSV system milestone in quarter.
- OpEx reduced to $4.08M; R&D $1.58M, SG&A $2.50M, both slightly lower YoY.

## SEC filing metadata
- accession: 0000351998-24-000010
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199824000010/0000351998-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199824000010/f8k_q12024results1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-24-000010
- JSON: https://secwatch.observer/filing/0000351998-24-000010.json
- Plain text: https://secwatch.observer/filing/0000351998-24-000010.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for first quarter 2024.
  - Period: first quarter 2024
  - Result: reported results
  source text: A press release announcing first quarter 2024 results was made April 25, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/351998/000035199824000010/0000351998-24-000010-index.htm

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