{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-048116","form_type":"8-K","ticker":null,"cik":"0000808326","company_name":"EMCORE CORP","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.314958+00:00","generated_at":"2026-06-16T21:56:06.632468+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"EMCORE shuts down Broadband segment, cuts ~100 jobs; focuses on inertial navigation","bullets":["Restructuring includes shutdown of Broadband (cable TV, wireless, sensing, chips) and discontinuation of defense optoelectronics.","Workforce reduction of ~100 employees (75 US, 25 China); facility consolidation from five to two buildings in Alhambra.","Annualized cost savings of ~$12M; expects restructuring charge of ~$2.1M (incl. $0.5M stock) in fiscal Q3 2023.","Restructuring actions to be substantially completed by September 30, 2023.","Company pivots to focus entirely on Aerospace & Defense inertial navigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-048116","json":"https://secwatch.observer/filing/0001104659-23-048116.json","markdown":"https://secwatch.observer/filing/0001104659-23-048116.md","text":"https://secwatch.observer/filing/0001104659-23-048116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/808326/000110465923048116/0001104659-23-048116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/808326/000110465923048116/tm2313378d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:56:06.632468+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"01472fe21264d22739a9577d4a02678b7323d7f5","claim":"EMCORE CORP announced a restructuring with charges of approximately $2.1 million affecting Broadband business segment and defense optoelectronics product line (approximately 75 positions in the U.S. (primarily in Alhambra, California) and approximately 25 positions in China, coll).","evidence_excerpt":"in the Company's future reporting periods, including, without limitation, one-time employee severance and termination costs related to the Restructuring of approximately $2.1 million (of which the Company expects that approximately $0.5 million will be in stock-based compensation expenditures relating to the acceleration of the vesting of outstanding equity","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/808326/000110465923048116/0001104659-23-048116-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.1 million"},{"label":"Affected area","value":"Broadband business segment and defense optoelectronics product line"},{"label":"Headcount","value":"approximately 75 positions in the U.S. (primarily in Alhambra, California) and approximately 25 positions in China, coll"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}