secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2026-07-30T20:05:18+00:00
Accession:  0001171843-26-005079
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology Q1 net loss widens to $4.8M; revenue flat at $6.3M, guides Q2 rev $5.7M-$6.5M
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- Net loss of $4.8M ($0.13 diluted EPS) vs $2.2M ($0.08) YoY; operating loss $5.4M vs $2.2M.
- Revenue $6.3M flat YoY and QoQ; gross margin 53.4% down from 58.1% YoY due to product mix.
- Cash $77.0M, up from $67.2M; raised $9.3M via ATM and $4.8M from option exercises.
- Q2 FY2027 guidance: revenue $5.7M-$6.5M, gross margin 53%-55%.
- Plato tape-out on track for March 2027; AI-assisted SDK due Sep 2026; Smart City Phase I by Nov 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184326005079/0001171843-26-005079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184326005079/f8k_073026.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005079

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