secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBERRY Ltd (BB)
CIK:        0001070235
Form:       8-K
Filed at:   2022-06-23T23:59:59+00:00
Accession:  0001070235-22-000105
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackBerry reports Q1 FY2023 revenue $168M, GAAP loss $0.31/share due to $165M litigation settlement
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- Total revenue $168M; IoT $51M (+19% YoY), Cybersecurity $113M (+6% YoY), Licensing & Other $4M.
- GAAP operating loss $177M includes $165M one-time litigation settlement; Non-GAAP operating loss $27M.
- GAAP basic loss per share $0.31; Non-GAAP basic loss per share $0.05.
- IoT royalty revenue backlog ~$560M (+14% YoY); QNX embedded in 215M vehicles (up from 195M).
- Cash and investments $721M, net cash $356M; cash used in operations $42M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070235/000107023522000105/0001070235-22-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070235/000107023522000105/bbry-20220623.htm
  HTML page:      https://secwatch.observer/filing/0001070235-22-000105

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