secwatch.observer — SEC 8-K summary
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Issuer:     PCS Edventures!, Inc. (PCSV)
CIK:        0001122020
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001493152-24-046247
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCS Edventures Q2 revenue down 40% to $2.27M; net income falls to $0.55M
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- Revenue $2.27M vs $3.77M YoY; net income before tax $0.55M vs $1.81M.
- Two large Discover Drones customers contributed $0.45M vs $2.08M a year earlier.
- Excluding those customers, revenue grew to $1.82M from $1.69M (+8%).
- Ended Q2 with $4.01M in cash; no debt mentioned.
- CEO Todd Hackett says company is investing for future growth despite current lumpiness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122020/000149315224046247/0001493152-24-046247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122020/000149315224046247/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046247

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