---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-062013"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:20:54.262547+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# One Stop Systems Q3 revenue down 27% to $13.7M, net loss $3.6M; goodwill impairment $2.9M

## Summary
- Revenue $13.7M, down 26.9% YoY; net loss $3.6M ($0.18 EPS) vs net income $133K in prior year.
- Goodwill impairment charge of $2.9M; $418K employee retention credit partially offset.
- Non-GAAP net loss $597K ($0.03 EPS); Adjusted EBITDA loss $248K.
- Board temporarily expanded to 8, appoints Joseph Manko (Horton Capital) effective Nov 10, 2023; plans to add another director with defense expertise.
- Awarded first foreign navy program, follow-on Navy P-8A storage order, and new AI server order from auto racing industry.

## SEC filing metadata
- accession: 0000950170-23-062013
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000095017023062013/0000950170-23-062013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000095017023062013/oss-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062013
- JSON: https://secwatch.observer/filing/0000950170-23-062013.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062013.txt

## Key facts
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported third quarter ended September 30, 2023 results: revenue $13.7 million, EPS $(0.03) per share. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $13.7 million
  - EPS: $(0.03) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: a clear competitive advantage with our proprietary technologies and field-proven platforms. “Despite the expected challenges during this transitionary period, we achieved $13.7 million in revenue in Q3, while effectively executing our cost containment plan. In all, we believe we are on the right trajectory and are encouraged by our pipeline of opportunities
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000095017023062013/0000950170-23-062013-index.htm
- Executive change
  Joseph Manko was appointed as director at ONE STOP SYSTEMS, INC..
  - Action: appointed
  - Role: director
  source text: the Board appointed Joseph Manko as a director of the Company, effective November 10, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000095017023062013/0000950170-23-062013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.