secwatch.observer — SEC 8-K summary
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Issuer:     Knightscope, Inc. (KSCP)
CIK:        0001600983
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001104659-24-042212
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knightscope FY2023 revenue up 128% to $12.8M; net loss narrows to $22.1M
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- Revenue $12.8M, up 128% YoY; product sales $5.6M, services $7.2M.
- Gross margin improved to -16% from -59%; gross loss -$2.0M.
- Net loss $22.1M ($0.34 loss per share), vs $25.6M ($0.72) in 2022.
- 2024 plan: reduce payroll 30%, consolidate to 1 manufacturing and 1 total facility.
- Machines-in-Network nearing 10,000; operating expenses fell 15% YoY to $24.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924042212/0001104659-24-042212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924042212/tm2410412d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-042212

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