secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001667011-22-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arteris Q1 revenue $11.8M (+77% YoY); ACV+TTM royalties $52.8M (+26%); guides Q2 rev $11.5-14.5M
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- Revenue $11.8M (+77% YoY); GAAP net loss $6.8M ($0.22/share); non-GAAP net loss $4.4M ($0.14/share).
- ACV+TTM royalties $52.8M (+26% YoY); RPO $60.5M (+28% YoY).
- Operating loss $6.6M (56% of revenue); non-GAAP op. loss $4.2M (36% of revenue).
- Q2 guidance: ACV+TTM royalties $49.5-51.5M, revenue $11.5-14.5M; FY22 revenue $48-52M.
- 19 design starts in Q1; added 7 active customers; BMW licensed Arteris IP for neural network accelerator.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000166701122000018/0001667011-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000166701122000018/aip-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001667011-22-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer