{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003396","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.500876+00:00","generated_at":"2026-06-02T01:10:59.137541+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"iPower fiscal Q3 revenue up 15% to $23.3M; returns to profitability with net income $1.0M","bullets":["Revenue rose 15% YoY to $23.3M; gross margin expanded 850 bps to 47.0%.","Net income attributable to iPower was $1.0M ($0.03 EPS) vs. a $1.5M loss; adjusted net income $1.6M ($0.05 EPS).","SuperSuite supply chain business now ~10% of total revenue; new sales channel on Temu launched in April.","Net debt reduced 59% to $3.3M from $8.1M at June 30, 2023.","Legacy commercial hydroponics channel being wound down, remaining inventory being sold."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003396","json":"https://secwatch.observer/filing/0001683168-24-003396.json","markdown":"https://secwatch.observer/filing/0001683168-24-003396.md","text":"https://secwatch.observer/filing/0001683168-24-003396.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/0001683168-24-003396-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:10:59.137541+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":"be2c1c626fc631aed9cffd534226b07d9d36e545","claim":"iPower Inc. reported the fiscal third quarter ended March 31, 2024 results: revenue $23.3 million, net income $1.0 million or $0.03 per share, EPS $0.03 per share.","evidence_excerpt":"iPower Reports Fiscal Third Quarter 2024 Results Fiscal Q3 Revenue up 15% to $23.3 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/0001683168-24-003396-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended March 31, 2024"},{"label":"Revenue","value":"$23.3 million"},{"label":"Net income","value":"$1.0 million or $0.03 per share"},{"label":"EPS","value":"$0.03 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"}