---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031222"
form_type: "8-K"
ticker: "FIEE"
cik: "0001467761"
company_name: "FiEE, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:43:12.502601+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Minim reports Q3 net revenue $13.8M, up 7.5% sequentially; net loss $4.1M

## Summary
- Net revenue $13.8M, up 7.5% sequentially from Q2 but down 8% YoY from $15.0M.
- Net loss $4.1M ($0.09 per share) vs $4.4M loss in Q2; adjusted EBITDA loss $3.2M.
- Cash and equivalents fell to $1.9M from $4.8M; credit facility $5.8M drawn, $0.5M available.
- Plans to exit ISP business by Q4 2023 to focus on paid-subscription revenue initiatives.
- Inventory down 11.7% sequentially; accounts payable reduced 38.9% to $6.9M.

## SEC filing metadata
- accession: 0001493152-22-031222
- form_type: 8-K
- ticker: FIEE
- cik: 0001467761
- company_name: FiEE, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467761/000149315222031222/0001493152-22-031222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467761/000149315222031222/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031222
- JSON: https://secwatch.observer/filing/0001493152-22-031222.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031222.txt

## Key facts
- Earnings Releases
  FiEE, Inc. reported the quarter ended September 30, 2022 results: revenue $13.8 million, net income $4.1 million, EPS ($0.09) per basic and diluted share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $13.8 million
  - Net income: $4.1 million
  - EPS: ($0.09) per basic and diluted share
  - Result: reported results
  source text: Net revenue in the third quarter of 2022 was $13.8 million, a decrease of 8.0% compared to $15.0 million in the third quarter of 2021. Sequentially, revenue increased 7.5% compared to net revenue of $12.9 million in the second quarter of 2022. Net loss in the third quarter of 2022 was $4.1 million, or ($0.09) per basic and diluted share, compared to a net income of $1.7 million, including a one-time gain on trademark sale for $4.0M, or $0.04 per basic and diluted share in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1467761/000149315222031222/0001493152-22-031222-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.