---
schema_version: "secwatch.filing_event.v1"
accession: "0001515971-23-000073"
form_type: "8-K"
ticker: "KTEL"
cik: "0000845819"
company_name: "KonaTel, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:54:06.655086+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KonaTel Q1 2023 net loss widens to $915K; revenue down 4.6% YoY

## Summary
- Q1 revenue $4.0M, down 4.6% vs $4.2M year ago; gross profit $1.0M, down 39.2%.
- GAAP net loss $(915K) or $(0.02)/share vs $(44K) or $(0.00); operating loss $(753K) vs income $51K.
- Non-GAAP net loss $(608K) or $(0.01)/share vs income $135K or $0.00.
- Cash $1.6M vs $2.1M at Dec 31, 2022; CEO says subscriber activations up 50% QoQ.
- Customer acquisition costs and lower ACP reimbursement rate impacted margins.

## SEC filing metadata
- accession: 0001515971-23-000073
- form_type: 8-K
- ticker: KTEL
- cik: 0000845819
- company_name: KonaTel, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845819/000151597123000073/0001515971-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845819/000151597123000073/ktel8k051523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515971-23-000073
- JSON: https://secwatch.observer/filing/0001515971-23-000073.json
- Plain text: https://secwatch.observer/filing/0001515971-23-000073.txt

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