{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-038738","form_type":"8-K","ticker":"ASNS","cik":"0001141284","company_name":"ACTELIS NETWORKS INC","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.052971+00:00","generated_at":"2026-06-15T02:12:33.268834+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Actelis Networks Q1 revenue $1.85M, net loss narrows to $1.9M; launches expense reduction plan","bullets":["Revenue $1.85M, down 1.1% YoY; gross margin improved to 37% from 31%.","Net loss improved 59% YoY to $1.9M; non-GAAP adjusted EBITDA loss widened to $1.6M from $1.0M.","Launched expense reduction program targeting ~15% of 2022 operating expenses on annualized basis.","Closed $3.5M private placement (944,670 shares + warrants) to support growth and reduce cash burn.","Received ~$210K in new orders from nine airports under SITA contract; continues FIPS certification."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-038738","json":"https://secwatch.observer/filing/0001213900-23-038738.json","markdown":"https://secwatch.observer/filing/0001213900-23-038738.md","text":"https://secwatch.observer/filing/0001213900-23-038738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141284/000121390023038738/0001213900-23-038738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141284/000121390023038738/ea178471-8k_actelis.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:12:33.268834+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cbc80446d5e67a4387a04afe164e8fb333807375","claim":"ACTELIS NETWORKS INC reported fiscal first quarter ended March 31, 2023 results: revenue $1.85 million, net income $1.9 million (net loss).","evidence_excerpt":"today reported financial results for the fiscal first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: ● Revenue decreased 1.1% year-over-year to $1.85 million for the first quarter ended March 31, 2023, due to a logistical and regulatory delay in product delivery to a first-time customer destination. ● Gross Margin increased to 37%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141284/000121390023038738/0001213900-23-038738-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended March 31, 2023"},{"label":"Revenue","value":"$1.85 million"},{"label":"Net income","value":"$1.9 million (net loss)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}