secwatch.observer — SEC 8-K summary
======================================

Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0000950170-25-108916
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys Q3 revenue up 38% to $9.9M; net loss per share improves to ($0.14); cash drops to $5.5M
--------------------------------------------------------------------------------

- Revenue $9.9M (+38% YoY); GAAP net loss ($6.5M) or ($0.14) per share vs ($0.15) prior year.
- Gross margin fell to 26.3% from 52.8% due to Puerto Rico project percentage-of-completion accounting.
- Puerto Rico EWS project revenue $4.3M in Q3; expects $15-20M in FY2025.
- US Army RFQ for CROWS AHD initial order expected $8.0-8.5M; hardware backlog ex-Puerto Rico >$16M.
- Cost reduction actions to save $2.5M annually starting Q1 2026; cash $5.5M down from $13.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000095017025108916/0000950170-25-108916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000095017025108916/gnss-20250814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-108916

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer