---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-134527"
form_type: "8-K"
ticker: "GNSS"
cik: "0000924383"
company_name: "Genasys Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T06:03:03.628454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genasys reports Q4 revenue down 37% YoY; FY2024 net loss $31.7M

## Summary
- Revenue $6.7M in Q4 ($10.7M YoY); full-year $24.0M ($46.7M YoY).
- GAAP net loss Q4 ($11.4M) or ($0.26) per share; FY ($31.7M) or ($0.72) per share.
- Adjusted EBITDA FY ($22.1M) vs ($6.8M) prior year; operating expenses up on Evertel addition.
- Record FY2024 bookings of $111M including $75M Puerto Rico dam contract; backlog $40M entering FY2025.
- Software revenue up 93% in FY; hardware down 61%; cash $13.1M at year-end.

## SEC filing metadata
- accession: 0000950170-24-134527
- form_type: 8-K
- ticker: GNSS
- cik: 0000924383
- company_name: Genasys Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924383/000095017024134527/0000950170-24-134527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924383/000095017024134527/gnss-20241209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-134527
- JSON: https://secwatch.observer/filing/0000950170-24-134527.json
- Plain text: https://secwatch.observer/filing/0000950170-24-134527.txt

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