{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-049321","form_type":"8-K","ticker":"NLST","cik":"0001282631","company_name":"NETLIST INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.258705+00:00","generated_at":"2026-06-16T15:40:45.688078+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Netlist Q1 revenue plunges 82% to $9.0M; net loss widens to $15.8M; $303M jury verdict against Samsung","bullets":["Net sales $9.0M vs $50.2M YoY; gross profit $0.6M vs $3.4M.","Net loss ($15.8M) or ($0.07) per share vs ($5.9M) or ($0.03) per share.","Cash and restricted cash $36.6M; total assets $55.7M; working capital $22.0M.","Unanimous jury verdict awarded Netlist $303M for Samsung's willful infringement of five patents.","CEO cites ongoing memory market downturn; product business continues to be impacted."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-049321","json":"https://secwatch.observer/filing/0001104659-23-049321.json","markdown":"https://secwatch.observer/filing/0001104659-23-049321.md","text":"https://secwatch.observer/filing/0001104659-23-049321.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923049321/0001104659-23-049321-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923049321/tm2313342d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T15:40:45.688078+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":"7e208bd48557dfe1b29545c57d8df68bab9a9bef","claim":"NETLIST INC reported first quarter ended April 1, 2023 results: revenue $9.0 million, net income ($15.8) million, EPS ($0.07) per share.","evidence_excerpt":"Net sales for the first quarter ended April 1, 2023 were $9.0 million, compared to net sales of $50.2 million for the first quarter ended April 2, 2022. Gross profit for the first quarter ended April 1, 2023 was $0.6 million, compared to a gross profit of $3.4 million for the first quarter ended April 2, 2022. Net loss for the first quarter ended April 1, 2023 was ($15.8) million, or ($0.07) per share, compared to a net loss in the prior year period of ($5.9) million, or ($0.03) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923049321/0001104659-23-049321-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 1, 2023"},{"label":"Revenue","value":"$9.0 million"},{"label":"Net income","value":"($15.8) million"},{"label":"EPS","value":"($0.07) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}