{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-014725","form_type":"8-K","ticker":"BKYI","cik":"0001019034","company_name":"BIO KEY INTERNATIONAL INC","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.623275+00:00","generated_at":"2026-06-14T23:02:26.834741+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BIO-key Q1 revenue rises 59% to $3.1M; net loss narrows to $0.5M","bullets":["Revenue $3.1M (+59% YoY); gross profit $2.3M (73% margin); net loss $0.5M vs $1.0M in Q1'22.","Operating expenses flat at $2.57M; cash $0.7M; accounts receivable $3.5M; current debt $1.9M.","Capitec Bank biometric system expanded to 21.7M users; Swivel Secure project for 1.5M citizens in Central America.","Over 600 customers; growing recurring revenue; expense reduction initiatives ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-014725","json":"https://secwatch.observer/filing/0001437749-23-014725.json","markdown":"https://secwatch.observer/filing/0001437749-23-014725.md","text":"https://secwatch.observer/filing/0001437749-23-014725.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019034/000143774923014725/0001437749-23-014725-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019034/000143774923014725/bkyi20230515_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:02:26.834741+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":"e3d3539d7dd3bd17ace1a639d9964212275cbb64","claim":"BIO KEY INTERNATIONAL INC reported first quarter ended March 31, 2023 (Q1’23) results: revenue $3.1M, net income $0.5M, EPS $0.06 per share.","evidence_excerpt":"March 31, 2023 (Q1’23). BIO-key will host an investor call today at 10:00 a.m. ET (details below) to review its results and outlook. Highlights: ● Q1 ’ 23 revenues grew 59% to $3.1M , reflecting a growing base of high-margin, annual recuring revenue (ARRs) and new customer wins. ● Continued strength in higher education IAM deployments at colleges in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019034/000143774923014725/0001437749-23-014725-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023 (Q1’23)"},{"label":"Revenue","value":"$3.1M"},{"label":"Net income","value":"$0.5M"},{"label":"EPS","value":"$0.06 per share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}