{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-008128","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.834629+00:00","generated_at":"2026-06-08T03:58:21.425329+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iPower reports Q1 FY2024 revenue of $26.5M (+2% YoY), net loss narrows 69% to $1.3M","bullets":["Revenue $26.5M (+2% YoY); gross profit $11.8M (+18%), gross margin 44.4% vs 38.4% (+600 bps).","Net loss attributable to iPower improved to $1.3M ($0.04 loss/share) from $4.2M ($0.14 loss/share).","Net debt reduced 48% to $4.2M from $8.1M at June 30, 2023; cash $2.7M, total debt $7.0M.","SuperSuite supply chain partnerships reached annualized revenue run-rate of ~$7M.","Non-hydroponic products >75% of revenue; categories include fans, shelving, outdoor patio furniture."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-008128","json":"https://secwatch.observer/filing/0001683168-23-008128.json","markdown":"https://secwatch.observer/filing/0001683168-23-008128.md","text":"https://secwatch.observer/filing/0001683168-23-008128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823008128/0001683168-23-008128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823008128/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T03:58:21.425329+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":"66134bc8467670649f99ad35b9730055fe850b87","claim":"iPower Inc. reported first fiscal quarter ended September 30, 2023 results: revenue $26.5 million, net income $1.3 million or $(0.04) per share, EPS $(0.04) per share.","evidence_excerpt":"Total revenue increased 2% to $26.5 million compared to the Company's record $26.0 million in Q1 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316823008128/0001683168-23-008128-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended September 30, 2023"},{"label":"Revenue","value":"$26.5 million"},{"label":"Net income","value":"$1.3 million or $(0.04) per share"},{"label":"EPS","value":"$(0.04) 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"}