secwatch.observer — SEC 8-K summary
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Issuer:     IRIDEX CORP (IRIX)
CIK:        0001006045
Form:       8-K
Filed at:   2023-01-10T23:59:59+00:00
Accession:  0000950170-23-000620
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iridex reports flat Q4 revenue, record Cyclo G6 probe sales; FY revenue up 6%
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- Q4 revenue expected $15.1-15.3M, flat YoY; FY revenue $56.9-57.1M, up 6% from $53.9M in 2021.
- Record 16,400 Cyclo G6 probes sold in Q4 (+8% YoY); FY total 59,800 probes (+2.7%).
- Q4 system sales 78 units vs 90 prior year; FY 237 vs 243.
- Cash $13.9M at year-end; operating cash used $1.2M Q4, $6.0M FY; $4M added to inventory for supply chain.
- Results preliminary, subject to year-end audit completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006045/000095017023000620/0000950170-23-000620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006045/000095017023000620/irix-20230110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000620

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