---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-077904"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T17:53:24.926292+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OSS reports record FY22 revenue $72.4M (+17% YoY), Adj EBITDA $5.2M; guides Q1 rev ~$16.6M

## Summary
- GAAP net loss $2.2M ($0.11/share) includes $3.9M deferred tax asset write-down; non-GAAP net loss $175K.
- Q4 revenue $18.2M (+2.7% YoY); Q4 net loss $3.3M ($0.16/share) including same write-down.
- Adj EBITDA for FY22 $5.2M (+6%); Q4 Adj EBITDA $1.6M (8.9% of revenue).
- Received sole-source five-year Navy contract extension for ruggedized storage; cumulative shipments exceed $30M.
- 19 new major program wins in 2022, 13 for AI Transportables; engagements with 8 of top 10 U.S. military prime contractors.

## SEC filing metadata
- accession: 0001193125-23-077904
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/0001193125-23-077904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/d481319d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-077904
- JSON: https://secwatch.observer/filing/0001193125-23-077904.json
- Plain text: https://secwatch.observer/filing/0001193125-23-077904.txt

## Key facts
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported the full year ended December 31, 2022 results: revenue $72.4 million, net income Net loss totaled $2.2 million or $(0.11) per basic and diluted share, EPS $(0.11) per basic and diluted share. Guidance initiated.
  - Period: the full year ended December 31, 2022
  - Revenue: $72.4 million
  - Net income: Net loss totaled $2.2 million or $(0.11) per basic and diluted share
  - EPS: $(0.11) per basic and diluted share
  - Guidance: initiated
  - Result: reported results
  source text: 2022 Financial Highlights • Revenue increased 16.8% to a record $72.4 million. • Gross profit increased 3.9% to $20.4 million. • Operating expenses as a percentage of revenue improved from 28.9% to 26.0%. • Net loss totaled $2.2 million or $(0.11) per basic and diluted share, as compared to net income of $2.3 million or $0.12 per diluted share in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/0001193125-23-077904-index.htm
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported the fourth quarter ended December 31, 2022 results: revenue $18.2 million, net income Net loss totaled $3.3 million or $(0.16) per basic and diluted share, EPS $(0.16) per basic and diluted share. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $18.2 million
  - Net income: Net loss totaled $3.3 million or $(0.16) per basic and diluted share
  - EPS: $(0.16) per basic and diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Q4 2022 Financial Highlights • Revenue increased 2.7% to $18.2 million. • Gross profit flat at $5.0 million. • Operating expenses improved as a percentage of revenue from 28.7% to 25.3%. • Net loss totaled $3.3 million or $(0.16) per basic and diluted share, as compared to a loss of $386,000 or $(0.02) per basic and diluted share in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/0001193125-23-077904-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.