secwatch.observer — SEC 8-K summary
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Issuer:     ONE STOP SYSTEMS, INC. (OSS)
CIK:        0001394056
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001193125-22-148770
Event type: earnings
Sentiment:  positive
Materiality: 0.72
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSS Q1 revenue up 28% to record $17.1M; GAAP net income $579K vs $41K YoY
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- Revenue $17.1M (+28% YoY); GAAP EPS $0.03 vs $0.00; Non-GAAP EPS $0.05 vs $0.03.
- Adjusted EBITDA $1.4M vs $1.1M; gross profit $5.1M but margin down to 30.1% from 33.3%.
- Six new program wins including four in autonomous trucking; shipping to three leaders.
- Bressner Europe revenue up 37.3% to $6.5M; core OSS revenue up 23% to $10.6M.
- Q2 guidance: revenue ~$17.3M, representing 15% growth over prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394056/000119312522148770/0001193125-22-148770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394056/000119312522148770/d286905d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-148770

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