{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-034686","form_type":"8-K","ticker":"OSS","cik":"0001394056","company_name":"ONE STOP SYSTEMS, INC.","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.046492+00:00","generated_at":"2026-06-04T09:43:50.607127+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OSS Q4 revenue down 28% to $13.2M; net loss narrows to $278K; pipeline grows to $1B","bullets":["Q4 revenue $13.2M (-27.9% YoY); net loss $278K vs $3.3M loss year ago; non-GAAP net income $177K.","Gross margin improved 640 bps to 33.7%; OSS segment margin 45.9% (+1450 bps) from exiting media business.","FY2023 revenue $60.9M (-15.9%); net loss $6.7M ($0.32) vs $2.2M loss; includes $5.6M goodwill impairment.","Five-year pipeline increased to over $1B from $850M; Q1 2024 revenue guidance ~$12.5M.","Won multi-year Leidos/Dynetics award ($2.5-3.5M) and FLYHT collaboration ($6M over 5 years)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-034686","json":"https://secwatch.observer/filing/0000950170-24-034686.json","markdown":"https://secwatch.observer/filing/0000950170-24-034686.md","text":"https://secwatch.observer/filing/0000950170-24-034686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1394056/000095017024034686/0000950170-24-034686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1394056/000095017024034686/oss-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:43:50.607127+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":"2a7ce0ef5e3753e673ad35a566b5a9bf67d0b37a","claim":"ONE STOP SYSTEMS, INC. reported fourth quarter ended December 31, 2023 results: revenue $13.2 million, net income net loss of $278,000, EPS $(0.01) per share.","evidence_excerpt":"Consolidated revenue decreased 27.9% to $13.2 million due to lower shipments to a former media customer that have now ended, which impacted fourth quarter sales by approximately $3.1 million. The decrease in sales was also due to softer economic conditions and timing delays associated with certain government programs. OSS segment revenue declined 43.5% to $6.4 million due to the factors mentioned above. Bressner segment revenue decreased 2.5% to $6.8 million. Consolidated gross margin percentage increased 640 basis points to 33.7%, from 27.3% in the same year-ago quarter. OSS segment gross margin increased 14.5 percentage points to 45.9%, attributable to the absence of lower margin media revenue and costs, and the higher mix of its rugged edge processing products. Bressner’s gross margin improved 1.6 percentage points to 22.2%, as compared to 20.5% in the year-ago quarter, due to product mix, the sale of higher margin OSS products, and having sought-after products readily sold at a pre","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1394056/000095017024034686/0000950170-24-034686-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$13.2 million"},{"label":"Net income","value":"net loss of $278,000"},{"label":"EPS","value":"$(0.01) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"63aa5132f34d30775169421e9a4ff4e2df9369b6","claim":"ONE STOP SYSTEMS, INC. reported twelve months ended December 31, 2023 results: revenue $60.9 million.","evidence_excerpt":"For the full year of 2023, consolidated revenue decreased 15.9% to $60.9 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1394056/000095017024034686/0000950170-24-034686-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2023"},{"label":"Revenue","value":"$60.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f18befb0fbadca1bd5c90adfa76286da0431f53b","claim":"ONE STOP SYSTEMS, INC. reported the first quarter of 2024 results: revenue $12.5 million. Guidance initiated.","evidence_excerpt":"The company anticipates revenue of approximately $12.5 million in the first quarter of 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1394056/000095017024034686/0000950170-24-034686-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$12.5 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}