secwatch.observer — SEC 8-K summary
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Issuer:     Silvaco Group, Inc. (SVCO)
CIK:        0001943289
Form:       8-K
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001628280-24-026637
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silvaco posts historical quarterly financials; FY23 revenue $54.2M (+17% YoY), GAAP net loss narrows to $0.3M
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- FY23 revenue $54.2M, up 17% YoY from $46.5M; GAAP net loss improved to $0.3M from $3.9M loss in FY22.
- Non-GAAP net income for FY23 was $3.4M ($0.17 EPS) vs FY22 non-GAAP net loss of $0.4M.
- Revenue by product: TCAD $32.2M (59% of total, +19% YoY); EDA $14.0M (26%); IP $8.1M (15%).
- Q4 2023 GAAP net loss $2.2M on revenue $12.5M; non-GAAP operating loss $1.3M, highlighting quarterly volatility.
- Company completed 1-for-2 reverse stock split April 2024 and IPO of 6M shares on May 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1943289/000162828024026637/0001628280-24-026637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1943289/000162828024026637/svco-20240604.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-026637

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