secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001171843-23-003361
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Tech Q4 revenue $5.4M, net loss $0.16; FQ1 guide $5.0-5.8M
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- Q4 net revenues $5.381M, down 38% YoY from $8.731M; net loss $3.962M ($0.16) vs $3.011M ($0.12) YoY.
- Full year revenues $29.691M, down from $33.384M; net loss $15.977M ($0.65) vs $16.368M ($0.67).
- Cash $30.6M, no debt; working capital $34.7M; no long-term investments.
- Q1 FY2024 guidance: revenue $5.0M-$5.8M, gross margin 57%-59%.
- Gemini-II tape-out expected summer 2023, first silicon end 2023; new patent for in-memory full adder.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184323003361/0001171843-23-003361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184323003361/f8k_051623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-003361

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