{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-015696","form_type":"8-K","ticker":"OSPN","cik":"0001044777","company_name":"OneSpan Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.748757+00:00","generated_at":"2026-06-15T19:31:53.495666+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OneSpan Q1 revenue $57.6M (+10% YoY); net loss $0.21 per share","bullets":["Total revenue $57.6M, up 10% YoY; subscription revenue $30.0M, up 29% YoY.","ARR $141.3M, up 10% YoY; NRR 108%.","GAAP net loss $8.4M ($0.21 loss per diluted share) vs net income $5.2M ($0.13) last year.","Adjusted EBITDA -$1.6M vs $0.2M in Q1 2022.","FY 2023 guidance: revenue $232-$242M (6-11% growth); Adjusted EBITDA $3-$6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-015696","json":"https://secwatch.observer/filing/0001628280-23-015696.json","markdown":"https://secwatch.observer/filing/0001628280-23-015696.md","text":"https://secwatch.observer/filing/0001628280-23-015696.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1044777/000162828023015696/0001628280-23-015696-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1044777/000162828023015696/ospn-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T19:31:53.495666+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":[{"claim_id":"9420e1ba143116755d170cd8733a677ecb5d2570","claim":"OneSpan Inc. reported Q1 2023 results: revenue $57.6 million, net income $8.4 million, EPS $(0.21). Guidance initiated.","evidence_excerpt":"Key Financial Results First Quarter 2023 Financial Highlights • Total revenue was $57.6 million, an increase of 10% compared to $52.4 million for the same quarter of 2022. Digital Agreements revenue was $11.6 million, a decrease of 13% year-over-year. Security Solutions revenue was $46.1 million, an increase of 18% year-over-year. • ARR increased 10% year-over-year to $141.3 million. • Gross profit was $39.3 million, or 68% gross margin, compared to $36.7 million, or 70% in the same period last year. • Operating loss was $8.1 million, compared to operating loss of $9.2 million in the same period last year. • Net loss was $8.4 million, or $(0.21) per diluted share compared to net income of $5.2 million, or $0.13 per diluted share in the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000162828023015696/0001628280-23-015696-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2023"},{"label":"Revenue","value":"$57.6 million"},{"label":"Net income","value":"$8.4 million"},{"label":"EPS","value":"$(0.21)"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}