{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-22-007716","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.484683+00:00","generated_at":"2026-06-21T21:09:14.002127+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iPower reports FQ1 2023 revenue up 50% to $26M; net loss of $4.3M on goodwill impairment","bullets":["Revenue of $26.0M (+50% YoY); gross profit $10.0M (+37%); gross margin 38.4% vs 42.1%.","Net loss of $4.3M ($0.14 loss per share) vs net income of $0.9M ($0.03 EPS) in prior year, driven by $3.1M goodwill impairment and higher costs.","Cash and equivalents $4.8M; total long-term debt $16.1M.","CEO announces upcoming corporate rebrand and website; CFO sees improvements in shipping and freight costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-22-007716","json":"https://secwatch.observer/filing/0001683168-22-007716.json","markdown":"https://secwatch.observer/filing/0001683168-22-007716.md","text":"https://secwatch.observer/filing/0001683168-22-007716.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316822007716/0001683168-22-007716-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316822007716/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:09:14.002127+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":"63609faa9599c7e733601884fd1169b8454adb5d","claim":"iPower Inc. reported fiscal first quarter ended September 30, 2022 results: revenue $26.0 million, net income Net loss was $4.3 million, EPS $(0.14) per share.","evidence_excerpt":"--- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 ipower_ex9901.htm PRESS RELEASE Exhibit 99.1 iPower Reports Fiscal First Quarter 2023 Results - Fiscal Q1 Revenue up 50% to a Record $26.0 Million - - iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time - DUARTE, CA, November 14, 2022 -- iPower Inc. (Nasdaq:IPW) (“iPower” or the “Company”), a leading","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316822007716/0001683168-22-007716-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended September 30, 2022"},{"label":"Revenue","value":"$26.0 million"},{"label":"Net income","value":"Net loss was $4.3 million"},{"label":"EPS","value":"$(0.14) per share"},{"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"}