secwatch.observer — SEC 8-K summary
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Issuer:     NETLIST INC (NLST)
CIK:        0001282631
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001104659-23-023560
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netlist full-year revenue up 58% to $161.6M; Q4 sales drop 40% YoY, net loss widens
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- Full year 2022 net product sales $161.6M (+58% YoY); product gross profit $11.9M (+34% YoY).
- Q4 2022 net sales $21.7M (down from $36.3M in Q4 2021); product gross profit $1.6M (down from $2.0M).
- Q4 net loss ($12.9M) or ($0.06)/share vs. ($8.2M) or ($0.04)/share in prior year period.
- Full year net loss ($33.4M) or ($0.14)/share vs. net income of $4.8M or $0.02/share in 2021.
- Cash and equivalents $43.6M; CEO expects weak memory demand in 2023 to impact near-term performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282631/000110465923023560/0001104659-23-023560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282631/000110465923023560/tm236829d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-023560

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