{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-001221","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2026-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.425623+00:00","generated_at":"2026-05-16T01:31:28.244773+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iPower Q2 revenue $7.1M, net loss $1.2M; divests GPM, authorizes $2M buyback","bullets":["Revenue $7.1M, net loss $1.2M ($1.08 EPS); gross margin 44.0%, operating expenses down 28% YoY.","Closed first tranche of up to $30M convertible note offering, receiving $6.5M gross proceeds.","Post-quarter: divested Global Product Marketing Inc. for ~$2.3M consideration, cutting a major cost center.","Board authorized first-ever $2M share repurchase program.","Shifted to primarily U.S.-based sourcing; supply chain restructuring temporarily reduced revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-001221","json":"https://secwatch.observer/filing/0001683168-26-001221.json","markdown":"https://secwatch.observer/filing/0001683168-26-001221.md","text":"https://secwatch.observer/filing/0001683168-26-001221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826001221/0001683168-26-001221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826001221/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:31:28.244773+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}