secwatch.observer — SEC 8-K summary
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Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0000950170-25-017902
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys Q1 revenue $6.9M (+59% YoY); net loss narrows to $4.1M
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- Revenue $6.9M vs $4.4M YoY; software revenue +63.5%, hardware +57.1%.
- GAAP net loss ($4.1M) or ($0.09)/share vs ($6.7M) or ($0.15)/share YoY.
- Adjusted EBITDA loss ($4.8M) vs ($6.1M) YoY; gross margin improved to 45.8%.
- Backlog $40M, mostly from Puerto Rico project; cash $13.9M as of Dec 31.
- LA wildfires drove record inbound inquiries for Genasys Protect; expects new bookings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000095017025017902/0000950170-25-017902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000095017025017902/gnss-20250211.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-017902

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