{"schema_version":"secwatch.filing_event.v1","accession":"0000807863-24-000043","form_type":"8-K","ticker":"MITK","cik":"0000807863","company_name":"MITEK SYSTEMS INC","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.027055+00:00","generated_at":"2026-06-03T23:12:43.609296+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mitek Q1 revenue $36.9M (-19% YoY), GAAP loss $0.13/share; reiterates FY guidance","bullets":["Q1 FY2024 revenue $36.9M vs $45.7M last year; GAAP operating loss $6.9M vs income of $8.4M.","GAAP net loss $5.8M ($0.13 diluted EPS) vs net income $4.7M ($0.10 EPS) a year ago.","Non-GAAP net income $6.3M ($0.14 diluted EPS) vs $14.3M ($0.31) prior year.","Preliminary Q2 FY2024 revenue expected $46M-$47M; full-year revenue guidance reaffirmed at $180M-$185M.","CEO cites $7M one-time mobile deposit reorder in prior year as cause of YoY decline; expects normalized growth of 10-12%."],"urls":{"canonical":"https://secwatch.observer/filing/0000807863-24-000043","json":"https://secwatch.observer/filing/0000807863-24-000043.json","markdown":"https://secwatch.observer/filing/0000807863-24-000043.md","text":"https://secwatch.observer/filing/0000807863-24-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000043/0000807863-24-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000043/mitk-20240415.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:12:43.609296+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":"4c7c53dd974831c6aaaf2e7c328ee573f6352e1a","claim":"MITEK SYSTEMS INC reported second fiscal quarter ended March 31, 2024 results: revenue $46 million to $47 million. Guidance reaffirmed.","evidence_excerpt":"Mitek expects fiscal second quarter revenue to be in the range of $46 million to $47 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000043/0000807863-24-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$46 million to $47 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"949a47dc7280e69f86c35c30579c78e58284354f","claim":"MITEK SYSTEMS INC reported first quarter ended December 31, 2023 results: revenue $36.9 million, net income $5.8 million, EPS negative $0.13 per diluted share. Guidance reaffirmed.","evidence_excerpt":"2024. Mitek also reiterated its previously provided guidance for its 2024 fiscal year ending September 30, 2024. Fiscal 2024 First Quarter Financial Results • Total revenue was $36.9 million, compared to $45.7 million a year ago. • GAAP operating loss was $6.9 million, an operating margin of negative 19%, compared to GAAP operating income of $8.4 million, an","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/807863/000080786324000043/0000807863-24-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2023"},{"label":"Revenue","value":"$36.9 million"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"negative $0.13 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}