---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-056906"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:18:54.097003+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# One Stop Systems Q1 revenue $12.7M (-24.6% YoY); net loss widens to $1.3M; guides Q2 rev ~$13M

## Summary
- Q1 revenue $12.7M, down 24.6% YoY; net loss $1.3M ($0.06) vs loss $0.4M ($0.02) YoY.
- OSS segment revenue fell 35.9% to $5.5M; Bressner fell 12.7% to $7.1M.
- Adjusted EBITDA loss $456K vs positive $633K in prior year.
- Q2 2024 revenue guidance ~$13.0M; expects sequential growth and positive consolidated EBITDA in coming quarters.
- Won pilot for liquid immersion-cooled storage for ground station; $300K order for autonomous truck cooling system; hired Craig Powell.

## SEC filing metadata
- accession: 0000950170-24-056906
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000095017024056906/0000950170-24-056906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000095017024056906/oss-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056906
- JSON: https://secwatch.observer/filing/0000950170-24-056906.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056906.txt

## Key facts
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported the first quarter ended March 31, 2024 results: revenue $12.7 million, net income a net loss of $1.3 million, or $0.06 per share, EPS $0.06 per share. Guidance initiated.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $12.7 million
  - Net income: a net loss of $1.3 million, or $0.06 per share
  - EPS: $0.06 per share
  - Guidance: initiated
  - Result: reported results
  source text: within international defense and C5ISR market verticals, joined the Company as Business Development Executive. 2024 First Quarter Financial Summary Consolidated revenue was $12.7 million, a 24.6% decline from the prior year period. The year-over-year reduction in revenue was primarily a result of quarterly order fluctuations from a large defense customer and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000095017024056906/0000950170-24-056906-index.htm

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