{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-004083","form_type":"8-K/A","ticker":"GNSS","cik":"0000924383","company_name":"Genasys Inc.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.313482+00:00","generated_at":"2026-06-06T02:56:54.483114+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Genasys Q1 revenue $4.4M down 58% YoY; Puerto Rico dam contract worth $60-$70M","bullets":["Revenue $4.4M (-58.4% YoY); GAAP net loss ($6.7M) vs ($3.5M) YoY; EPS ($0.15).","Software revenue up 56.6% YoY; hardware down 69.3%; recurring software revenue up 84.9%.","Gross margin 33.9% vs 46.1% due to lower hardware volume.","Selected for Puerto Rico dam Early Warning System, $60M-$70M integrated solution.","Cash $13.6M; expects heavily back-end loaded FY with hardware revenue approaching FY2022 levels."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-004083","json":"https://secwatch.observer/filing/0001437749-24-004083.json","markdown":"https://secwatch.observer/filing/0001437749-24-004083.md","text":"https://secwatch.observer/filing/0001437749-24-004083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924383/000143774924004083/0001437749-24-004083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924383/000143774924004083/gnss20240213_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:56:54.483114+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":"773208d6f08da799300fd7bdbe7f58701623f86c","claim":"Genasys Inc. reported fiscal first quarter ended December 31, 2023 results: revenue $4.4 million, net income ($6.7) million, EPS ($0.15) per share. Guidance reaffirmed.","evidence_excerpt":"Fiscal 1Q 2024 Financial Summary ● Revenue of $4.4 million, versus $10.5 million in 1Q 2023 ● GAAP operating loss of ($7.2) million, versus ($3.5) million in 1Q 2023. ● GAAP net loss of ($6.7) million versus ($3.5) million in 1Q 2023. GAAP net loss per share ($0.15) versus ($0.10) in 1Q 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924383/000143774924004083/0001437749-24-004083-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended December 31, 2023"},{"label":"Revenue","value":"$4.4 million"},{"label":"Net income","value":"($6.7) million"},{"label":"EPS","value":"($0.15) per share"},{"label":"Guidance","value":"reaffirmed"},{"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"}