{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004738","form_type":"8-K","ticker":"GSIT","cik":"0001126741","company_name":"GSI TECHNOLOGY INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.197015+00:00","generated_at":"2026-06-12T23:45:18.202433+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"GSI Tech Q1 net loss widens to $5.1M on revenue decline; guides Q2 rev $5.2-6.0M","bullets":["Net revenues $5.6M, down 37% YoY from $8.9M; net loss $(0.21)/share vs $(0.16)/share YoY.","Gross margin 54.9% vs 60.2% YoY; operating loss $(5.1M) vs $(3.9M).","Cash, equivalents & ST investments $27.7M at quarter end, down from $30.6M; no debt.","Q2 guidance: net revenue $5.2M-$6.0M, gross margin 56%-58%.","Gemini-II tape-out on track for September quarter; new APU space wins announced."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004738","json":"https://secwatch.observer/filing/0001171843-23-004738.json","markdown":"https://secwatch.observer/filing/0001171843-23-004738.md","text":"https://secwatch.observer/filing/0001171843-23-004738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1126741/000117184323004738/0001171843-23-004738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1126741/000117184323004738/f8k_072723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:45:18.202433+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":"d50e28f099c1ca35ff0c392fa77fc8ddf1dcaa61","claim":"GSI TECHNOLOGY INC reported first fiscal quarter ended June 30, 2023 results: revenue $5.6 million, net income $(5.1 million), EPS $(0.21) per diluted share. Guidance initiated.","evidence_excerpt":"The Company reported a net loss of $(5.1 million), or $(0.21) per diluted share, on net revenues of $5.6 million for the first quarter of fiscal 2024, compared to a net loss of $(4.0 million), or $(0.16) per diluted share, on net revenues of $8.9 million for the first quarter of fiscal 2023 and a net loss of $(4.0 million), or $(0.16) per diluted share, on net revenues of $5.4 million for the fourth quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1126741/000117184323004738/0001171843-23-004738-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended June 30, 2023"},{"label":"Revenue","value":"$5.6 million"},{"label":"Net income","value":"$(5.1 million)"},{"label":"EPS","value":"$(0.21) per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}