secwatch.observer — SEC 8-K summary
======================================

Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K
Filed at:   2022-02-07T23:59:59+00:00
Accession:  0001437749-22-002622
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys Q1 revenue up 33% to $10.7M; net loss widens to $1.3M; reaffirms FY2022 record revenue outlook
--------------------------------------------------------------------------------

- Revenue $10.7M, up 33% YoY; gross margin 45.9% vs 46.1% prior year.
- Net loss $1.3M ($0.04 loss per diluted share) vs net loss $0.6M ($0.02 loss) a year ago.
- Operating expenses $6.5M, up 48% YoY, driven by planned SaaS growth investment.
- Cash and equivalents $17.5M at Dec 31, down from $20.7M at Sept 30; working capital $15.4M.
- Reaffirmed FY2022 record revenue outlook; new SaaS contracts in TX, CA, and Slovenia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000143774922002622/0001437749-22-002622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000143774922002622/gnss20220204_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-002622

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