{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-028231","form_type":"8-K","ticker":null,"cik":"0001505611","company_name":"DecisionPoint Systems, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.721041+00:00","generated_at":"2026-06-04T04:32:43.643979+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"DecisionPoint Q4 revenue up 25% to $30.5M, GAAP net loss $0.3M; FY revenue up 19%","bullets":["Q4 revenue $30.5M (+24.8% YoY); software & services revenue surged 208% to $14.4M.","Full-year revenue $115.6M (+18.7%); GAAP net income $2.5M ($0.32 EPS), down 20.1% YoY.","Non-GAAP net income $3.6M ($0.47 EPS), down 11.4%; adjusted EBITDA $8.9M, up 12.9%.","Reduced acquisition-related debt by $6.2M; cash $4.3M vs $7.6M prior year.","Investing in services/software for 2024 growth; expects higher-margin recurring revenue in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-028231","json":"https://secwatch.observer/filing/0001213900-24-028231.json","markdown":"https://secwatch.observer/filing/0001213900-24-028231.md","text":"https://secwatch.observer/filing/0001213900-24-028231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505611/000121390024028231/0001213900-24-028231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505611/000121390024028231/ea0202548-8k_decision.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:32:43.643979+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":"9163abc31c8ea2a5e469c270c973628e8f14ca39","claim":"DecisionPoint Systems, Inc. reported Q4 2023 (three months ended December 31, 2023) results: revenue $30.5 million, net income -$0.3 million, EPS -$0.03.","evidence_excerpt":"Fourth Quarter Highlights (2023 versus 2022) ● Revenue increased 24.8% to $30.5 million; ● Gross Profit increased 18.7% to $7.5 million; Gross Margin decreased 130 basis points to 24.6%; ● GAAP Operating Income increased 3.7% to $0.7 million; ● GAAP Net Loss and diluted Loss per Share (EPS) of ($0.3) million and ($0.03), respectively;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505611/000121390024028231/0001213900-24-028231-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2023 (three months ended December 31, 2023)"},{"label":"Revenue","value":"$30.5 million"},{"label":"Net income","value":"-$0.3 million"},{"label":"EPS","value":"-$0.03"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b936d6577995547cd7cc871162070cd91445a9a2","claim":"DecisionPoint Systems, Inc. reported FY 2023 (year ended December 31, 2023) results: revenue $115.6 million, net income $2.5 million, EPS $0.32.","evidence_excerpt":"Full Year 2023 Highlights (versus 2022) ● Revenue increased 18.7% to $115.6 million; ● Gross Profit increased 24.8% to $28.8 million; Gross Margin increased 120 basis points to 24.9%; ● GAAP Operating Income increased 7.4% to $4.8 million; ● GAAP Net Income and diluted EPS decreased 20.1% and 21.3% to $2.5 million and $0.32, respectively;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505611/000121390024028231/0001213900-24-028231-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023 (year ended December 31, 2023)"},{"label":"Revenue","value":"$115.6 million"},{"label":"Net income","value":"$2.5 million"},{"label":"EPS","value":"$0.32"},{"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"}