secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001193125-25-047200
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv FY2024 revenue $26.6M (-39% YoY); Q1 2025 guidance $4.8-5.1M
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- FY2024 revenue $26.6M vs $43.4M in FY2023; GAAP net loss ($25.9M) or ($1.14)/diluted share.
- Q4 2024 revenue $6.7M vs $11.3M Q4 2023; GAAP net loss ($4.3M) vs ($3.3M).
- FY2024 GAAP gross margin 1.3% (down from 13.8%); non-GAAP gross margin 8.0% (down from 16.6%).
- Q4 2024 GAAP gross margin negative (14.9%); non-GAAP gross margin negative (5.2%).
- Q1 2025 revenue guidance $4.8M-$5.1M, below prior-year quarter; CEO cites transformation to pure IoT.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312525047200/0001193125-25-047200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312525047200/d940279d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-047200

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