{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-25-001868","form_type":"8-K","ticker":"GCTS","cik":"0001851961","company_name":"GCT Semiconductor Holding, Inc.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.155324+00:00","generated_at":"2026-05-21T10:24:25.130696+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":"GCT Q1 revenue $0.5M (-84.8% YoY); net loss $7.0M; 5G sampling starts end of May","bullets":["Q1 net revenue $0.5M, down 84.8% YoY; net loss $7.0M vs net income $0.8M a year ago.","Gross margin fell to 17.7% from 59.8% YoY; operating expenses rose 248.2% due to prior-year one-time gain.","Cash and equivalents $1.0M at March 31; filed $200M shelf registration including $75M ATM facility.","5G chipset sampling to begin end of May; signed LOI with Orbic for Verizon-certified 5G module.","Management expects 5G volume shipments in H2 2025 with ASP ~4x 4G to improve revenue and margin."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-25-001868","json":"https://secwatch.observer/filing/0000929638-25-001868.json","markdown":"https://secwatch.observer/filing/0000929638-25-001868.md","text":"https://secwatch.observer/filing/0000929638-25-001868.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851961/000092963825001868/0000929638-25-001868-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851961/000092963825001868/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:24:25.130696+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}