secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONE STOP SYSTEMS, INC. (OSS)
CIK:        0001394056
Form:       8-K
Filed at:   2023-03-23T23:59:59+00:00
Accession:  0001193125-23-077904
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/0001193125-23-077904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394056/000119312523077904/d481319d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-077904

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