---
schema_version: "secwatch.filing_event.v1"
accession: "0001515971-25-000057"
form_type: "8-K"
ticker: "KTEL"
cik: "0000845819"
company_name: "KonaTel, Inc."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T04:04:35.587285+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KonaTel Q1 revenue -61.5% to $2.2M; GAAP EPS -$0.02; 49% IM Telecom buyer withdraws

## Summary
- Revenue $2.2M, down 61.5% YoY primarily from ACP program cancellation; gross margin improved to 30.1%.
- GAAP net loss $(917,528) ($0.02/share) vs net income $8.1M ($0.19) in Q1 2024.
- Cash $2.1M, up from $1.7M at Dec 31, 2024 due to lower AR from a significant customer.
- 49% IM Telecom buyer withdrew request to acquire 100%; KonaTel retains 51% controlling interest.

## SEC filing metadata
- accession: 0001515971-25-000057
- form_type: 8-K
- ticker: KTEL
- cik: 0000845819
- company_name: KonaTel, Inc.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845819/000151597125000057/0001515971-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845819/000151597125000057/ktel8k051525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515971-25-000057
- JSON: https://secwatch.observer/filing/0001515971-25-000057.json
- Plain text: https://secwatch.observer/filing/0001515971-25-000057.txt

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