{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027850","form_type":"8-K","ticker":"AIFF","cik":"0000803578","company_name":"FIREFLY NEUROSCIENCE, INC.","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.607664+00:00","generated_at":"2026-06-21T15:26:37.217487+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":"WaveDancer Q3 2022 revenue down 47% to $2.3M, net loss $4.7M including goodwill impairment","bullets":["Total revenues $2.3M vs $4.3M YoY; professional fees $2.1M vs $2.8M.","Gross profit $0.48M vs $0.98M; gross margin 20.9% vs 22.8%.","Net loss $(4.7)M includes $2.3M goodwill impairment, vs $(0.1)M loss.","Adjusted EBITDA $(1.5)M vs $0.1M positive.","Signed first commercial customer for Maverix platform; advanced discussions with others."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027850","json":"https://secwatch.observer/filing/0001437749-22-027850.json","markdown":"https://secwatch.observer/filing/0001437749-22-027850.md","text":"https://secwatch.observer/filing/0001437749-22-027850.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/803578/000143774922027850/0001437749-22-027850-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/803578/000143774922027850/iaic20221121_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:26:37.217487+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":"7160302c0cbc1c1ca36ec30a458803b1f22fb531","claim":"FIREFLY NEUROSCIENCE, INC. reported the nine months ended September 30, 2022 results: revenue $9.6 million, net income $(8.3) million.","evidence_excerpt":"Nine Months 2022 Key Financial Items (all comparisons to prior year period unless otherwise noted) ● Total revenues decreased to $9.6 million, compared with $12.5 million. ● Professional fees decreased to $7.0 million, down from $8.6 million. ● Gross margin for our Tellenger business unit improved to 25.8% compared with 23.7%; higher-margin professional fees accounted for 71.3% of revenues. ● Net loss of $(8.3) million, including a goodwill impairment charge of $2.3 million, compared with net income of $0.2 million. ● Adjusted EBITDA of $(4.6) million, compared with $0.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/803578/000143774922027850/0001437749-22-027850-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$9.6 million"},{"label":"Net income","value":"$(8.3) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f895cf6cc70cab5120abd04fea690a01ab6d9533","claim":"FIREFLY NEUROSCIENCE, INC. reported the three months ended September 30, 2022 results: revenue $2.3 million, net income $(4.7) million.","evidence_excerpt":"Total revenues decreased to $2.3 million, compared with $4.3 million. ● Professional fees decreased to $2.1 million, down from $2.8 million. ● Gross profit decreased to $0.48 million, compared with $0.98 million. ● Gross margin declined to 20.9% from 22.8%; higher-margin professional fees accounted for 91.7% of revenues. ● Net loss of $(4.7) million, including a goodwill impairment charge of $2.3 million, compared with net loss of $(0.1) million. ● Adjusted EBITDA 1 of $(1.5) million, compared with $0.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/803578/000143774922027850/0001437749-22-027850-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$2.3 million"},{"label":"Net income","value":"$(4.7) million"},{"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"}