secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001667011-24-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arteris Q1 revenue $12.9M, ACV up 6% to $58.2M, net loss $9.4M; positive free cash flow
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- Revenue $12.9M; ACV+TTM royalties $58.2M (+6% YoY); RPO $74.7M (+30% YoY).
- Net loss $9.4M ($0.25/share); Non-GAAP net loss $5.6M ($0.15/share).
- Positive free cash flow $0.3M (2.2% of revenue); Non-GAAP operating loss $5.3M.
- Five deals with top-30 tech firms; half of license deals enabled AI/ML design starts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000015/0001667011-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000166701124000015/aip-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001667011-24-000015

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