{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-009645","form_type":"8-K","ticker":"OWLT","cik":"0001816708","company_name":"Owlet, Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.656008+00:00","generated_at":"2026-06-05T01:49:29.239191+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Owlet Q4 revenue $21M, net loss down 65% YoY; FY23 gross margin up 810 bps","bullets":["Q4 revenue ~$21.0M; gross margin 47.1%; net loss ~$6.9M vs $19.5M YoY.","FY 2023 revenue ~$54.0M (down from $69.2M in 2022); gross margin 41.8% (up from 33.7%).","Adjusted EBITDA loss Q4 ~$0.7M (down 95% YoY); FY ~$16.3M (down 76% YoY).","CEO cites two FDA authorizations, commercializing medical devices, and expanding healthcare distribution.","Net loss per share FY 2023 $4.53 compared to $9.98 in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-009645","json":"https://secwatch.observer/filing/0001628280-24-009645.json","markdown":"https://secwatch.observer/filing/0001628280-24-009645.md","text":"https://secwatch.observer/filing/0001628280-24-009645.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/owlt-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:49:29.239191+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":"01af3765bcf5fcab30cdfe3ea02b25638e879bf2","claim":"Owlet, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue approximately $21.0 million, net income Net Loss was approximately $6.9 million, EPS Net loss per share was $0.97.","evidence_excerpt":"conference call to review the Company’s results and provide a business update today, March 7, 2024, at 4:30 p.m. ET. Q4 2023 Financial Highlights • Q4 Revenue was approximately $21.0 million. • Q4 Gross Margin was approximately 47.1%. • Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year. • Q4 adjusted EBITDA loss was approximately","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"approximately $21.0 million"},{"label":"Net income","value":"Net Loss was approximately $6.9 million"},{"label":"EPS","value":"Net loss per share was $0.97"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7e8a5c7f34c09ee27121e2dcafd8a89d0c747c5f","claim":"Owlet, Inc. reported the fiscal year ended December 31, 2023 results: revenue approximately $54.0 million, net income Net Loss was approximately $32.9 million, EPS Net loss per share was $4.53.","evidence_excerpt":"For the fiscal year ended December 31, 2023, revenues were approximately $54.0 million, compared to $69.2 million for the fiscal year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"approximately $54.0 million"},{"label":"Net income","value":"Net Loss was approximately $32.9 million"},{"label":"EPS","value":"Net loss per share was $4.53"},{"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"}