secwatch.observer — SEC 8-K summary
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Issuer:     Guerrilla RF, Inc. (GUER)
CIK:        0001832487
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001437749-24-016787
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 record revenue $5.1M (+59% YoY); GM 63.2% (+640bps Q/Q); $5M placement closed; guides $21-26M
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- Revenue $5.1M, +59.4% YoY, +8.5% Q/Q; operating loss narrowed to $1.8M from $3.7M.
- Gross margin 63.2%, up 640bps from Q4 2023; net loss $3.37M vs $4.0M YoY.
- Completed $5M private placement with ~$3M net; acquired GaN portfolio from Gallium Semiconductor.
- Backlog $8.3M (+27.7% from Q1 2023); cash $3.6M vs $0.8M at Dec 2023.
- Guidance reaffirmed: FY 2024 revenue $21-26M; credit facility extended to 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924016787/0001437749-24-016787-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832487/000143774924016787/guer20240513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-016787

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