{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-009483","form_type":"8-K","ticker":"BKYI","cik":"0001019034","company_name":"BIO KEY INTERNATIONAL INC","filed_at":"2025-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.713041+00:00","generated_at":"2026-05-24T03:34:29.124569+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BIO-key narrows FY2024 net loss 49% to $4.3M on revenue of $6.9M (down 11%)","bullets":["Net loss improved to $4.3M ($2.10/sh) from $8.7M ($15.21/sh) in 2023, reflecting higher gross margin and lower costs.","Revenue decreased 11% to $6.9M due to exit from low-margin Swivel Secure distribution; license fee revenue up 20% to $5.2M.","Gross profit rose to $5.6M from $1.4M, benefiting from higher-margin license sales and a $3.6M hardware reserve in 2023.","Operating expenses reduced 6% to $9.7M; cash used in operations down 23% to $2.91M.","Recent partnerships include CA Ed Tech JPA (195 institutions), National Bank of Egypt, and a $910K biometric order from financial services firm."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-009483","json":"https://secwatch.observer/filing/0001437749-25-009483.json","markdown":"https://secwatch.observer/filing/0001437749-25-009483.md","text":"https://secwatch.observer/filing/0001437749-25-009483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019034/000143774925009483/0001437749-25-009483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019034/000143774925009483/bkyi20250327_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T03:34:29.124569+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}