---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-142002"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:50:33.131231+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OSS Q1 revenue $16.8M, net loss $401K, guides Q2 $17.5M

## Summary
- Revenue $16.8M, slightly above $16.6M guidance; net loss $401K ($0.02/sh) vs net income $579K ($0.03) YoY.
- Gross margin improved to 30.2% (+290 bps sequentially) on higher AI transportable mix.
- Adjusted EBITDA $530K vs $1.4M; cash & investments $12.7M.
- Seven new major program wins expected to yield ~$5M revenue; $3M military radar order and $1.3M U.S. Army contract.
- Q2 revenue guidance $17.5M; management sees 20-30% growth rates for 2024+ from $850M pipeline.

## SEC filing metadata
- accession: 0001193125-23-142002
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000119312523142002/0001193125-23-142002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000119312523142002/d346783d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-142002
- JSON: https://secwatch.observer/filing/0001193125-23-142002.json
- Plain text: https://secwatch.observer/filing/0001193125-23-142002.txt

## Key facts
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported first quarter ended March 31, 2023 results: revenue $16.8 million, net income Net loss on a GAAP basis was $401,000 or $(0.02) per share, EPS $(0.02).
  - Period: first quarter ended March 31, 2023
  - Revenue: $16.8 million
  - Net income: Net loss on a GAAP basis was $401,000 or $(0.02) per share
  - EPS: $(0.02)
  - Result: reported results
  source text: The company will hold a conference call at 5:00 p.m. Eastern time today to discuss the results (see dial-in information below). Q1 2023 Financial Highlights • Revenue totaled $16.8 million. • Gross profit flat at $5.1 million. • Gross margin increased 10 basis points and sequentially by 290 basis points to 30.2%, attributable to a greater mix of AI transportable
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000119312523142002/0001193125-23-142002-index.htm

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