{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-010766","form_type":"8-K","ticker":"PRSO","cik":"0000890394","company_name":"Peraso Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.901443+00:00","generated_at":"2026-06-11T13:36:36.546883+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Peraso Q2 revenue drops to $2.4M; engaged investment bank for strategic alternatives","bullets":["Q2 revenue $2.4M, down 52% QoQ and 44% YoY; product revenue $2.2M.","GAAP net loss $4.1M ($0.17 per share); non-GAAP net loss $3.0M ($0.12 per share).","Cash and short-term investments $2.7M at June 30; company expects need to raise additional capital.","Engaged investment bank to explore strategic alternatives including merger or asset sale.","Memory IC end-of-life: initial forecasts for last-time buys expected $15-20M, shipments beginning in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-010766","json":"https://secwatch.observer/filing/0001654954-23-010766.json","markdown":"https://secwatch.observer/filing/0001654954-23-010766.md","text":"https://secwatch.observer/filing/0001654954-23-010766.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890394/000165495423010766/0001654954-23-010766-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890394/000165495423010766/prso_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T13:36:36.546883+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":"7bdd55c4292f9a659d942759721b9f782a3395c0","claim":"Peraso Inc. reported second quarter ended June 30, 2023 results: revenue total net revenue for the second quarter of 2023 was $2.4 million, net income gaap net loss for the second quarter of 2023 was $4.1 million, EPS ($0.17) per share.","evidence_excerpt":"Total net revenue for the second quarter of 2023 was $2.4 million, compared with $5.0 million in the prior quarter and $4.3 million in the same quarter a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890394/000165495423010766/0001654954-23-010766-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"total net revenue for the second quarter of 2023 was $2.4 million"},{"label":"Net income","value":"gaap net loss for the second quarter of 2023 was $4.1 million"},{"label":"EPS","value":"($0.17) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b2fce6829137cffa64da295aebb4560f84255b94","claim":"Peraso Inc. reported six months ended June 30, 2023 results: revenue $2.4 million.","evidence_excerpt":"focus of diversifying our customer base to drive renewed and more predictable growth.” Second Quarter 2023 Financial Results Total net revenue for the second quarter of 2023 was $2.4 million, compared with $5.0 million in the prior quarter and $4.3 million in the same quarter a year ago. Product revenue for the second quarter of 2023 was $2.2 million, compared with","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/890394/000165495423010766/0001654954-23-010766-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$2.4 million"},{"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"}