secwatch.observer — SEC 8-K summary
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Issuer:     Guerrilla RF, Inc. (GUER)
CIK:        0001832487
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001437749-24-001321
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guerrilla RF reports record Q4 revenue $4.7M (+95.8% YoY); FY23 rev $15.1M, guides FY24 $21-26M
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- Q4 revenue $4.7M (+95.8% YoY); FY23 revenue $15.1M (+30.2%), at upper end of guidance.
- Q4 operating loss $2.1M, down 43.2% from Q3; R&D expenses down $0.5M.
- FY23 contribution margin 70.5%; Q4 gross margin 56.8%; new product revenue 22.1% of product revenue.
- Backlog $6.0M at year-end, rose to $7.9M (all-time high) on Jan 12, 2024.
- FY24 revenue guidance $21-26M; expects cash flow breakeven; preliminary lender agreement for maturity extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924001321/0001437749-24-001321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924001321/guer20240115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001321

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