{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-028195","form_type":"8-K","ticker":"GNSS","cik":"0000924383","company_name":"Genasys Inc.","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.067872+00:00","generated_at":"2026-06-21T12:00:34.980642+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Genasys reports FY2022 revenue $54M (+15%), net loss $16.2M, CEO gets amended agreement","bullets":["FY2022 revenue $54.0M (+15% YoY); net loss $16.2M ($0.44/share) vs net income $0.7M in FY2021.","Includes $13.2M non-cash goodwill impairment due to SaaS market multiple decline from 15.5x to 5.5x.","Adjusted EBITDA $2.4M (FY2021: $4.1M); cash and marketable securities $19.9M, no debt.","CEO Danforth entered amended employment agreement: base salary $437,090, unvested equity accelerates on termination.","SaaS platform momentum: multi-year contracts from second global automaker, expanded to 7 countries, 19 states, 21 California counties."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-028195","json":"https://secwatch.observer/filing/0001437749-22-028195.json","markdown":"https://secwatch.observer/filing/0001437749-22-028195.md","text":"https://secwatch.observer/filing/0001437749-22-028195.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924383/000143774922028195/0001437749-22-028195-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924383/000143774922028195/gnss20221130_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T12:00:34.980642+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":"ca71e3ed445062904f318a6eaf9f58be30cf3f77","claim":"Genasys Inc. reported the fiscal fourth quarter ended September 30, 2022 results: revenue $16.0 million, net income $13.8 million, EPS $0.38 per share.","evidence_excerpt":"and business model ● Integrated Mass Notification System revenue grew 457% Fourth Quarter and Fiscal Year 2022 Financial Updates ● Fourth quarter revenue increased by 7% to $16.0 million, and fiscal year 2022 revenue increased by 15% to $54.0 million ● Fiscal fourth quarter bookings were $6.0 million, bringing total bookings for fiscal 2022 to $38.2 million. From","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924383/000143774922028195/0001437749-22-028195-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter ended September 30, 2022"},{"label":"Revenue","value":"$16.0 million"},{"label":"Net income","value":"$13.8 million"},{"label":"EPS","value":"$0.38 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fdf2032f6436e25a06c2be66e8c1ccf852ee92a4","claim":"Genasys Inc. reported the fiscal year ended September 30, 2022 results: revenue $54.0 million, net income $16.2 million, EPS $0.44 per share.","evidence_excerpt":"--- EX-99.1 3 ex_451680.htm EXHIBIT 99.1 ex_451680.htm Exhibit 99.1 Genasys Inc. Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results Annual Revenue Up 15% to $54.0 Million SaaS Platform Gaining Momentum on Strategic Investments SAN DIEGO, CA – November 30, 2022 – Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924383/000143774922028195/0001437749-22-028195-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$54.0 million"},{"label":"Net income","value":"$16.2 million"},{"label":"EPS","value":"$0.44 per share"},{"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"}