secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0000351998-25-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O posts Q4 net loss of $1.2M as sales drop 25% YoY to $5.2M
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- Net loss ($1.2M) or ($0.13) per share vs net income $144k ($0.02) in Q4 2023.
- Full year net loss ($3.1M) ($0.34/share) on sales of $21.8M, down 22% from $28.1M.
- Gross margin fell to 52.2% from 58.0%; bookings $4.1M, down 42% YoY.
- Adjusted EBITDA ($1.1M) in Q4 vs $514k positive; full year ($1.4M) vs $2.3M.
- Cash $10.3M, down $2M, no debt; backlog $3.5M, deferred revenue $1.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000035199825000004/0000351998-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000035199825000004/f8k-febq42024results1.htm
  HTML page:      https://secwatch.observer/filing/0000351998-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer