{"schema_version":"secwatch.filing_event.v1","accession":"0001819974-23-000016","form_type":"8-K","ticker":"SKYT","cik":"0001819974","company_name":"SkyWater Technology, Inc","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.845888+00:00","generated_at":"2026-06-15T14:04:29.356691+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SkyWater Q1 revenue record $66.1M, up 37% YoY; net loss narrows to $4.3M","bullets":["Revenue $66.1M (+37% YoY), driven by 82% growth in Advanced Technology Services to $48.3M.","GAAP gross margin 24.9% vs (2.0)% YoY; non-GAAP gross margin 25.8% vs 1.1%.","GAAP net loss $4.3M ($0.10/share) vs $16.6M ($0.42) YoY; adjusted EBITDA $8.1M (12.3% of revenue).","Aerospace & Defense demand accelerated; commercial weakness partially offset growth.","Cash $13.8M vs $30.0M at Jan 1, 2023; management confident in ~25% annual revenue growth target for 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001819974-23-000016","json":"https://secwatch.observer/filing/0001819974-23-000016.json","markdown":"https://secwatch.observer/filing/0001819974-23-000016.md","text":"https://secwatch.observer/filing/0001819974-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819974/000181997423000016/0001819974-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819974/000181997423000016/skyt-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:04:29.356691+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":"94fd6e0b7110bb9166097a3d92b26ebaaeabdfab","claim":"SkyWater Technology, Inc reported first quarter ended April 2, 2023 results: revenue Revenue $66.1 million, net income Net loss to shareholders $(4.3) million, EPS Basic loss per share $(0.10).","evidence_excerpt":"SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2023, ended April 2, 2023. Highlights for Q1 2023: • Revenue increased 37% year-over-year to a record $66.1 million. • Gross margin increased to 24.9% on a GAAP basis, compared to (2.0)% in Q1 2022, and increased to 25.8% on a non-GAAP basis, compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819974/000181997423000016/0001819974-23-000016-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"Revenue $66.1 million"},{"label":"Net income","value":"Net loss to shareholders $(4.3) million"},{"label":"EPS","value":"Basic loss per share $(0.10)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"94fd6e0b7110bb9166097a3d92b26ebaaeabdfab","claim":"SkyWater Technology, Inc reported first quarter ended April 2, 2023 results: revenue Revenue $66.1 million, net income Net loss to shareholders $(4.3) million, EPS Basic loss per share $(0.10).","evidence_excerpt":"partner, today announced financial results for the first quarter 2023, ended April 2, 2023. Highlights for Q1 2023: • Revenue increased 37% year-over-year to a record $66.1 million. • Gross margin increased to 24.9% on a GAAP basis, compared to (2.0)% in Q1 2022, and increased to 25.8% on a non-GAAP basis, compared to 1.1% in Q1 2022. • Net loss to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819974/000181997423000016/0001819974-23-000016-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"Revenue $66.1 million"},{"label":"Net income","value":"Net loss to shareholders $(4.3) million"},{"label":"EPS","value":"Basic loss per share $(0.10)"},{"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"}