---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-003308"
form_type: "8-K"
ticker: "PRSO"
cik: "0000890394"
company_name: "Peraso Inc."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T16:23:38.518635+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Peraso Q4 revenue $1.8M, GAAP net loss $8.9M; inventory write-down drives negative gross margin

## Summary
- Q4 revenue $1.8M (down 60% from Q3 2023); GAAP net loss $8.9M ($12.48 per share).
- GAAP gross margin negative 147.3% due to a $3.0M inventory write-down on mmWave and memory IC products.
- Full year 2023 revenue $13.7M (down 8% YoY); GAAP net loss $16.8M ($26.00 per share).
- Cash $1.6M at Dec 31; subsequent public offering raised ~$3.4M net proceeds.
- Q1 2024 revenue guidance $2.6M-$2.9M; strategic alternatives review terminated in Jan 2024.

## SEC filing metadata
- accession: 0001654954-24-003308
- form_type: 8-K
- ticker: PRSO
- cik: 0000890394
- company_name: Peraso Inc.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890394/000165495424003308/0001654954-24-003308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890394/000165495424003308/prso_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-003308
- JSON: https://secwatch.observer/filing/0001654954-24-003308.json
- Plain text: https://secwatch.observer/filing/0001654954-24-003308.txt

## Key facts
- Earnings Releases
  Peraso Inc. reported financial results for the fourth quarter and full year ended December 31, 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: On March 18, 2024, Peraso Inc. (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890394/000165495424003308/0001654954-24-003308-index.htm

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