{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-004183","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2026-05-20T21:03:03+00:00","discovered_at":"2026-05-20T21:04:00.234404+00:00","generated_at":"2026-05-20T21:06:25.668401+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"iPower Q3 revenue $3.5M, GAAP loss $3.5M, non-GAAP loss narrows to $0.3M","bullets":["Revenue from continuing operations $3.5M; gross margin 21.6%.","GAAP net loss $(3.5)M ($2.38/share) includes $3.0M non-cash goodwill impairment.","Non-GAAP net loss improved to $(0.3)M ($0.18/share) from $(0.7)M a year ago.","Operating expenses down 66% sequentially to $1.9M; current ratio 2.2x.","Post-quarter: sublease income >$2.6M through 2028; AI infrastructure strategy launched."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-004183","json":"https://secwatch.observer/filing/0001683168-26-004183.json","markdown":"https://secwatch.observer/filing/0001683168-26-004183.md","text":"https://secwatch.observer/filing/0001683168-26-004183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/0001683168-26-004183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:06:25.668401+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":"ea98cf4a57e4174dc14ba7935756cdaa98eed854","claim":"iPower Inc. reported its fiscal third quarter ended March 31, 2026 results: revenue $3.5 million, net income $(3.5) million, or $(2.38) per basic share, EPS $(2.38) per basic share.","evidence_excerpt":"Marketing Inc. and the Company’s transition toward a leaner, more asset-light operating model. For the fiscal third quarter of 2026, revenue from continuing operations was $3.5 million , gross profit was $0.8 million , and gross margin was 21.6% . Total operating expenses declined to $1.9 million , compared with $5.6 million in the fiscal second quarter of 2026","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/0001683168-26-004183-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fiscal third quarter ended March 31, 2026"},{"label":"Revenue","value":"$3.5 million"},{"label":"Net income","value":"$(3.5) million, or $(2.38) per basic share"},{"label":"EPS","value":"$(2.38) per basic 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"}