secwatch.observer — SEC 8-K summary
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Issuer:     ONE STOP SYSTEMS, INC. (OSS)
CIK:        0001394056
Form:       8-K
Filed at:   2022-03-24T23:59:59+00:00
Accession:  0001193125-22-083939
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSS reports record 2021 revenue of $62M, net income of $2.3M, adj. EBITDA triples to $4.9M
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- Full-year revenue up 19% to $62.0M; Q4 revenue $17.8M (+28% YoY); Q4 GAAP net loss $386k.
- Non-GAAP net income $3.1M ($0.16 diluted) vs $1.4M ($0.08) in 2020; adj. EBITDA $4.9M (8% of revenue).
- Q1 2022 revenue guidance ~$16.8M, representing 26% growth YoY; expects normalizing gross margins.
- 14 new $1M+ programs won in 2021, 6 in Q4; AI Transportable pipeline expanded to record 29 opportunities.
- Revenue from second and third largest military customers grew ~50%; Bressner subsidiary up 29% annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394056/000119312522083939/0001193125-22-083939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394056/000119312522083939/d146416d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-083939

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