{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-086073","form_type":"8-K","ticker":"NLST","cik":"0001282631","company_name":"NETLIST INC","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.425999+00:00","generated_at":"2026-06-12T17:11:42.607022+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Netlist Q2 sales drop 82% to $10M; net loss widens to $14M; CEO sees market bottom and legal wins","bullets":["Q2 net sales $10.0M vs $55.4M YoY; gross profit $0.2M vs $4.7M.","Net loss $14.0M ($0.06/sh) vs $5.0M ($0.02/sh) in Q2 2022; six-month loss $29.8M.","Cash & restricted cash $31.4M; total debt $0.2M; stockholders' equity $21.6M.","CEO: memory market bottomed; expects H2 growth; favorable Micron claim construction; awaiting $303M Samsung verdict.","Stock-based compensation $1.2M in Q2 (vs $0.8M prior year)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-086073","json":"https://secwatch.observer/filing/0001104659-23-086073.json","markdown":"https://secwatch.observer/filing/0001104659-23-086073.md","text":"https://secwatch.observer/filing/0001104659-23-086073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923086073/0001104659-23-086073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923086073/tm2322264d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T17:11:42.607022+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":"242d92547e479c4a7b473c95ce648ae0df431e4a","claim":"NETLIST INC reported the second quarter ended July 1, 2023 results: revenue $10.0 million, net income ($14.0) million, EPS ($0.06) per share.","evidence_excerpt":"Net sales for the second quarter ended July 1, 2023 were $10.0 million, compared to net sales of $55.4 million for the second quarter ended July 2, 2022. Gross profit for the second quarter ended July 1, 2023 was $0.2 million, compared to a gross profit of $4.7 million for the second quarter ended July 2, 2022. Net sales for the six months ended July 1, 2023 were $19.0 million, compared to net sales of $105.6 million for the six months ended July 2, 2022. Gross profit for the six months ended July 1, 2023 was $0.8 million, compared to a gross profit of $8.1 million for the six months ended July 2, 2022. Net loss for the second quarter ended July 1, 2023 was ($14.0) million, or ($0.06) per share, compared to a net loss in the prior year period of ($5.0) million, or ($0.02) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282631/000110465923086073/0001104659-23-086073-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended July 1, 2023"},{"label":"Revenue","value":"$10.0 million"},{"label":"Net income","value":"($14.0) million"},{"label":"EPS","value":"($0.06) 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"}