{"schema_version":"secwatch.filing_event.v1","accession":"0001819974-21-000009","form_type":"8-K","ticker":"SKYT","cik":"0001819974","company_name":"SkyWater Technology, Inc","filed_at":"2021-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.849386+00:00","generated_at":"2026-06-29T23:30:01.487574+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":"SkyWater Q2 revenue up 34% to $41.2M but GAAP net loss widens to $7.0M; board approves $56M capex","bullets":["Net sales $41.2M, up 34% YoY; GAAP net loss $7.0M ($0.20/share) versus $5.3M loss ($0.29) a year ago.","Adjusted EBITDA -$0.8M vs +$2.5M; GAAP gross margin fell to 4.4% from 17.8%; Non-GAAP gross margin 7.2% vs 18.1%.","Board approved $56M strategic investment to expand Minnesota fab output by at least 40% and enter gallium nitride market.","Won several new bio-medical designs; advanced packaging engagements with two existing customers including Rockley Photonics.","Revenue growth target of ~25% for 2021 and beyond; one ATS program postponed but expected to resume in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001819974-21-000009","json":"https://secwatch.observer/filing/0001819974-21-000009.json","markdown":"https://secwatch.observer/filing/0001819974-21-000009.md","text":"https://secwatch.observer/filing/0001819974-21-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819974/000181997421000009/0001819974-21-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819974/000181997421000009/skyt-20210803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T23:30:01.487574+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"}