{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-044820","form_type":"8-K","ticker":"NLST","cik":"0001282631","company_name":"NETLIST INC","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.831125+00:00","generated_at":"2026-05-22T11:06:09.899050+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Netlist Q1 2025: revenue $29.0M (down 19% YoY), net loss $9.5M narrows from $17.0M","bullets":["Net sales $29.0M vs $35.8M in Q1 2024; gross profit $1.3M up from $0.7M.","Operating expenses down 39% to $11.1M; net loss $0.03 per share vs $0.07 loss last year.","Cash, cash equivalents and restricted cash $25.6M; working capital deficit $15.0M.","CEO C.K. Hong cites AI-driven memory market transition to HBM and DDR5 as growth catalyst.","Stock-based compensation was $1.0M in Q1 2025 vs $1.4M in Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-044820","json":"https://secwatch.observer/filing/0001104659-25-044820.json","markdown":"https://secwatch.observer/filing/0001104659-25-044820.md","text":"https://secwatch.observer/filing/0001104659-25-044820.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282631/000110465925044820/0001104659-25-044820-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282631/000110465925044820/tm2513805d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T11:06:09.899050+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}