{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-006435","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.553821+00:00","generated_at":"2026-06-10T17:48:37.227073+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"iPower FY2023 revenue up 12% to $88.9M; net loss $12.0M vs net income prior year","bullets":["FY2023 revenue $88.9M (+12% YoY); net loss $12.0M or $(0.40)/share vs net income $1.5M in FY2022.","Q4 revenue $23.4M (+6% YoY); Q4 net loss $3.0M or $(0.10)/share vs loss $1.3M prior year.","Gross margin 39.1% (FY2023) vs 41.8% prior year; management attributes decline to higher-cost inventory.","Cash from operations improved to $9.2M from cash used $16.6M; net debt reduced 43% to $8.1M.","Management expects gross margin improvement in FY2024 after selling through excess inventory."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-006435","json":"https://secwatch.observer/filing/0001683168-23-006435.json","markdown":"https://secwatch.observer/filing/0001683168-23-006435.md","text":"https://secwatch.observer/filing/0001683168-23-006435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823006435/0001683168-23-006435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823006435/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:48:37.227073+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":"7fbea9d6a85165a0e4ae4efe26eab7727715b0f6","claim":"iPower Inc. reported fiscal fourth quarter and full fiscal year ended June 30, 2023 results: revenue $23.4 million (Q4) and $88.9 million (full year), net income Net loss attributable to iPower was $3.0 million or $(0.10) per share (Q4) and $12.0 million or $(0.40) per share (full, EPS $(0.10) per share (Q4) and $(0.40) per share (full year).","evidence_excerpt":"release also announced the Company will hold a conference call to discuss its fiscal fourth quarter and full fiscal year financial results on Thursday, September 14, 2023, at 4:30 p.m. Eastern Time. The conference call details are as follows: Date: Thursday, September 14, 2023 Time: Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time Dial-in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823006435/0001683168-23-006435-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal fourth quarter and full fiscal year ended June 30, 2023"},{"label":"Revenue","value":"$23.4 million (Q4) and $88.9 million (full year)"},{"label":"Net income","value":"Net loss attributable to iPower was $3.0 million or $(0.10) per share (Q4) and $12.0 million or $(0.40) per share (full"},{"label":"EPS","value":"$(0.10) per share (Q4) and $(0.40) per share (full year)"},{"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"}