{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-26-001149","form_type":"8-K","ticker":"GCTS","cik":"0001851961","company_name":"GCT Semiconductor Holding, Inc.","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.538959+00:00","generated_at":"2026-05-15T09:04:09.742061+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 Semiconductor Q4 revenue $0.8M (-57.5% YoY); 5G chipset shipments exceed 1,900","bullets":["Q4 revenue $0.8M (-57.5% YoY), FY2025 $2.9M (-68.6% YoY); gross margin negative as product revenue insufficient to absorb overhead.","Q4 operating expenses $10.7M (+35% YoY); FY2025 $34.7M (+90.8% YoY) driven by 5G commercialization investments.","Cash and cash equivalents $0.6M at Dec 31, 2025; improved to $9.4M as of Feb 28, 2026; $75M ATM and $125M shelf remain available.","Commercial 5G chipset shipments exceeded 1,900 units in Q4; expects sequential quarterly revenue and 5G shipment growth throughout 2026.","Entered $20M convertible note facility with $1M initial draw; secured licensing agreement with a major satellite communications provider."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-26-001149","json":"https://secwatch.observer/filing/0000929638-26-001149.json","markdown":"https://secwatch.observer/filing/0000929638-26-001149.md","text":"https://secwatch.observer/filing/0000929638-26-001149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851961/000092963826001149/0000929638-26-001149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851961/000092963826001149/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:04:09.742061+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"}