{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-012779","form_type":"8-K","ticker":"PI","cik":"0001114995","company_name":"IMPINJ INC","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.431201+00:00","generated_at":"2026-06-06T05:18:59.787762+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Impinj Q4 revenue $70.7M, GAAP loss $0.56 EPS; cuts 10% staff","bullets":["Q4 revenue $70.7M; full year $307.5M (first above $300M).","GAAP net loss $15.2M ($0.56 loss per diluted share); non-GAAP EPS $0.09.","Adjusted EBITDA $3.0M in Q4; full year $21.8M.","Restructuring cuts ~10% of employees; expects $1.7M–$2.0M severance charges in Q1/Q2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-012779","json":"https://secwatch.observer/filing/0000950170-24-012779.json","markdown":"https://secwatch.observer/filing/0000950170-24-012779.md","text":"https://secwatch.observer/filing/0000950170-24-012779.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/0000950170-24-012779-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/pi-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:18:59.787762+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":"bc2c942cedb2aa099f922470c00a5cf0fdb23ee9","claim":"IMPINJ INC reported the fourth quarter and year ended December 31, 2023 results: revenue $70.7 million, net income GAAP net loss of $15.2 million, EPS loss of $0.56 per diluted share.","evidence_excerpt":"every item in our everyday world, we remain confident in our market position and energized by the opportunities ahead.” Fourth Quarter 2023 Financial Summary • Revenue of $70.7 million • GAAP gross margin of 47.9%; non-GAAP gross margin of 50.9% • GAAP net loss of $15.2 million, or loss of $0.56 per diluted share using 27.1 million shares • Adjusted EBITDA of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/0000950170-24-012779-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$70.7 million"},{"label":"Net income","value":"GAAP net loss of $15.2 million"},{"label":"EPS","value":"loss of $0.56 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"687e7de3cf0808f17bae6479a9ceedefd63eeba9","claim":"IMPINJ INC announced a restructuring with charges of in the range of $1.7 million to $2.0 million (approximately 10% of the Company’s employees).","evidence_excerpt":"financial, business and R&D objectives for long-term growth. The Company expects the reduction-in-force charges, comprising primarily severance benefits, to be in the range of $1.7 million to $2.0 million. The Company expects most of these charges to be recognized in the Company’s first and second fiscal quarters of 2024. This Item 2.05 contains forward-looking","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/0000950170-24-012779-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"in the range of $1.7 million to $2.0 million"},{"label":"Headcount","value":"approximately 10% of the Company’s employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}