{"schema_version":"secwatch.filing_event.v1","accession":"0001819974-24-000012","form_type":"8-K","ticker":"SKYT","cik":"0001819974","company_name":"SkyWater Technology, Inc","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.362759+00:00","generated_at":"2026-06-02T12:34:18.079604+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SkyWater Q1 revenue rises 20% to record $79.6M; net loss widens to $0.12/share","bullets":["GAAP net loss $5.7M ($0.12) vs $4.3M ($0.10) in Q1 2023; non-GAAP loss $3.7M ($0.08).","Gross margin fell to 16.3% GAAP from 24.9%; includes $8M accrual for cost overrun on A&D program.","ATS development revenue record $61.2M (+28% YoY); Wafer Services revenue down 44% to $10.0M.","Adjusted EBITDA $4.9M (6.2% margin) vs $8.1M (12.3%) a year ago; tools revenue $8.5M.","Customer-funded capex awards since 2020 exceed $100M; pipeline ~$200M over next three years."],"urls":{"canonical":"https://secwatch.observer/filing/0001819974-24-000012","json":"https://secwatch.observer/filing/0001819974-24-000012.json","markdown":"https://secwatch.observer/filing/0001819974-24-000012.md","text":"https://secwatch.observer/filing/0001819974-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819974/000181997424000012/0001819974-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819974/000181997424000012/skyt-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T12:34:18.079604+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":"0106efad41ad2e9110aca9a2298749a6d8762af9","claim":"SkyWater Technology, Inc reported first quarter 2024 ended March 31, 2024 results: revenue $79.6 million, net income Net loss to shareholders of $5.7 million, or $0.12 per share on a GAAP basis, EPS $0.12 per share on a GAAP basis.","evidence_excerpt":"partner, today announced financial results for the first quarter 2024 ended March 31, 2024. Financial Highlights for Q1 2024: • Revenue increased 20% year-over-year to a record $79.6 million. • Gross margin decreased to 16.3% on a GAAP basis, compared to 24.9% in Q1 2023, and decreased to 16.9% on a non-GAAP basis, compared to 25.7% in Q1 2023. • Net loss to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819974/000181997424000012/0001819974-24-000012-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024 ended March 31, 2024"},{"label":"Revenue","value":"$79.6 million"},{"label":"Net income","value":"Net loss to shareholders of $5.7 million, or $0.12 per share on a GAAP basis"},{"label":"EPS","value":"$0.12 per share on a GAAP basis"},{"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"}