{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003394","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.967537+00:00","generated_at":"2026-06-15T01:30:57.318557+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"iPower reports Q3 loss of $0.05 per share; revenue down 11% to $20.2M","bullets":["Net loss $1.5M ($0.05/sh) vs net income $1.2M ($0.04/sh) in prior year Q3.","Revenue $20.2M down from $22.8M; in-house brand mix >90% of revenue.","Gross margin 38.5% vs 40.4% due to higher freight costs; expects improvement in H2 2023.","Net debt reduced 42% to $8.2M from $14.2M at June 30, 2022.","Management expects return to profitability in fiscal 2024 as inventory normalizes."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003394","json":"https://secwatch.observer/filing/0001683168-23-003394.json","markdown":"https://secwatch.observer/filing/0001683168-23-003394.md","text":"https://secwatch.observer/filing/0001683168-23-003394.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823003394/0001683168-23-003394-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823003394/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:30:57.318557+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":"93e082d38562a30a0f080dde4124cb8ac6323d52","claim":"iPower Inc. reported the fiscal third quarter ended March 31, 2023 results: revenue $20.2 million, net income $1.5 million, EPS $(0.05) per share.","evidence_excerpt":"today announced financial results for its fiscal third quarter ended March 31, 2023. Fiscal Q3 2023 Results vs. Year-Ago Quarter (unless otherwise noted) · Total revenue was $20.2 million compared to $22.8 million. · Gross profit was $7.8 million, with gross margin of 38.5% compared to 40.4%. · Net loss attributable to iPower was $1.5 million or $(0.05) per share,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823003394/0001683168-23-003394-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended March 31, 2023"},{"label":"Revenue","value":"$20.2 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$(0.05) 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"}