{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-23-000131","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.449570+00:00","generated_at":"2026-06-11T12:26:12.064603+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":"Navitas Q2 revenue $18.1M (+110% YoY); customer pipeline tops $1B","bullets":["Revenue $18.1M vs $8.6M in Q2 2022 (+110% YoY) and $13.4M in Q1 2023 (+35% QoQ).","GAAP gross margin 41.5%, flat YoY; GAAP operating loss $27.2M; non-GAAP op. loss $9.6M.","Customer pipeline grew 30% to over $1B, with growth across EV, data center, and solar.","Q3 guidance: revenue ~$21M (+/-2%), gross margin flat, opex $18.5-19.5M (ex-stock comp).","Cumulative shipments surpass 100M GaN and 12M SiC devices; Investor Day Nov 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-23-000131","json":"https://secwatch.observer/filing/0001821769-23-000131.json","markdown":"https://secwatch.observer/filing/0001821769-23-000131.md","text":"https://secwatch.observer/filing/0001821769-23-000131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000131/0001821769-23-000131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000131/i-20230814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T12:26:12.064603+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":"338533f4e0e65f5db0596cd94daeb4e0b2a4f93a","claim":"Navitas Semiconductor Corp reported second quarter ended June 30, 2023 results: revenue $18.1 million.","evidence_excerpt":"pipeline across all key markets including EV, renewable energy, data center, appliance/industrial and mobile segments.” Financial Highlights • Revenue: Total revenue grew to $18.1 million in the second quarter of 2023, a 110% increase from $8.6 million in the second quarter of 2022 and a 35% increase from $13.4 million in the first quarter of 2023. • Gross Margin:","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000131/0001821769-23-000131-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$18.1 million"},{"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"}