{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-000877","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.894768+00:00","generated_at":"2026-06-19T14:24:27.999238+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 fiscal Q2 revenue up 12% to $19.3M, but net loss of $3.3M","bullets":["Total revenue increased 12% to $19.3M vs $17.1M in year-ago quarter.","Net loss attributable to iPower was $3.3M ($0.11 per share) vs net income of $0.8M ($0.03 per share) last year.","Gross margin fell to 41.4% from 44.1% due to higher freight and product mix.","Net debt reduced 42% to $8.2M, with cash increasing to $4.0M from $1.8M at June 30, 2022.","Increased marketing spend to reduce excess inventory; expects lower operating expenses going forward."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-000877","json":"https://secwatch.observer/filing/0001683168-23-000877.json","markdown":"https://secwatch.observer/filing/0001683168-23-000877.md","text":"https://secwatch.observer/filing/0001683168-23-000877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/0001683168-23-000877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/ipower_8k-021423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:24:27.999238+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":"014e553248f8da67295123470379d80d24d28502","claim":"iPower Inc. reported fiscal second quarter ended December 31, 2022 results: revenue $19.3 million, net income $(0.11) per share, EPS Net loss attributable to iPower was $3.3 million or $(0.11) per share.","evidence_excerpt":"Total revenue in the fiscal second quarter of 2023 increased 12% to $19.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/0001683168-23-000877-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended December 31, 2022"},{"label":"Revenue","value":"$19.3 million"},{"label":"Net income","value":"$(0.11) per share"},{"label":"EPS","value":"Net loss attributable to iPower was $3.3 million or $(0.11) 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"}