{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-041713","form_type":"8-K","ticker":"ISPR","cik":"0001948455","company_name":"Ispire Technology Inc.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.546211+00:00","generated_at":"2026-05-22T00:40:40.628188+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ispire Q3 FY2025 revenue down 12.7% to $26.2M, net loss widens to $10.9M","bullets":["Revenue $26.2M vs $30.0M in prior-year quarter (down 12.7%); net loss $10.9M ($0.19/sh) vs $5.9M ($0.11/sh).","Gross margin fell to 18.2% from 20.4% on unfavorable product mix; accounts receivable reduced to $60.4M from $67.7M.","Operating expenses rose to $15.4M from $11.8M, driven by restructuring and Malaysia campus transition.","IKE Tech joint venture filed component PMTA with FDA for blockchain age-gating tech; Malaysia nicotine manufacturing interim license received.","Launched Sprout all-in-one cannabis vapor device with Raw Garden."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-041713","json":"https://secwatch.observer/filing/0001213900-25-041713.json","markdown":"https://secwatch.observer/filing/0001213900-25-041713.md","text":"https://secwatch.observer/filing/0001213900-25-041713.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1948455/000121390025041713/0001213900-25-041713-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1948455/000121390025041713/ea0241661-8k_ispire.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:40:40.628188+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}