---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-003376"
form_type: "8-K"
ticker: "PRSO"
cik: "0000890394"
company_name: "Peraso Inc."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:57:33.738251+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Peraso Q4 product revenue up >100% YoY but GAAP net loss $14.6M on $9.9M goodwill impairment

## Summary
- Q4 total net revenue $3.9M vs $1.9M YoY; product revenue $3.8M (+25% seq, >100% YoY).
- GAAP net loss $14.6M ($0.71/sh) includes $9.9M goodwill impairment; non-GAAP net loss $2.8M ($0.13/sh).
- FY2022 total net revenue $14.9M (+160% YoY); GAAP net loss $32.4M ($1.61/sh).
- Company implemented cost reductions targeting ~$5.0M annual OpEx savings.
- Guides Q1 2023 total net revenue $4.7M-$5.0M.

## SEC filing metadata
- accession: 0001654954-23-003376
- form_type: 8-K
- ticker: PRSO
- cik: 0000890394
- company_name: Peraso Inc.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890394/000165495423003376/0001654954-23-003376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890394/000165495423003376/prso_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-003376
- JSON: https://secwatch.observer/filing/0001654954-23-003376.json
- Plain text: https://secwatch.observer/filing/0001654954-23-003376.txt

## Key facts
- Earnings Releases
  Peraso Inc. reported the year ended December 31, 2022 results: revenue $14.9 million, net income $32.4 million, EPS ($1.61) per share. Guidance initiated.
  - Period: the year ended December 31, 2022
  - Revenue: $14.9 million
  - Net income: $32.4 million
  - EPS: ($1.61) per share
  - Guidance: initiated
  - Result: reported results
  source text: Total net revenue for 2022 was $14.9 million compared to $5.7 million in the prior year, which included only two weeks of revenue contribution from memory products.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890394/000165495423003376/0001654954-23-003376-index.htm
- Earnings Releases
  Peraso Inc. reported the fourth quarter ended December 31, 2022 results: revenue $3.9 million, net income $14.6 million, EPS ($0.71) per share. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $3.9 million
  - Net income: $14.6 million
  - EPS: ($0.71) per share
  - Guidance: initiated
  - Result: reported results
  source text: Total net revenue for the fourth quarter of 2022 was $3.9 million, compared with $3.3 million in the prior quarter and $1.9 million in the same quarter a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890394/000165495423003376/0001654954-23-003376-index.htm

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