{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-23-000174","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.727884+00:00","generated_at":"2026-06-08T07:29:32.562269+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 Q3 revenue $22M (up 115% YoY); guides Q4 $25-26M","bullets":["Revenue $22.0M, up 115% YoY and 22% sequentially; GAAP gross margin 32.3%, non-GAAP 42.1%.","GAAP operating loss $28.6M; non-GAAP operating loss $8.7M. Cash $176.7M.","Q4 guidance: revenue $25.0-$26.0M, gross margin ~42.5%, operating expenses ~$20.0M.","New platforms: GaNSafe, Gen-4 GaNSense, Gen-3 Fast SiC, and bi-directional GaN for high-power markets.","Customer wins: Xiaomi, Oppo, Samsung; GaN adoption in mobile chargers and new EV OBC platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-23-000174","json":"https://secwatch.observer/filing/0001821769-23-000174.json","markdown":"https://secwatch.observer/filing/0001821769-23-000174.md","text":"https://secwatch.observer/filing/0001821769-23-000174.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000174/0001821769-23-000174-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000174/i-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:29:32.562269+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":"2b17da4c37eeaa3ea45a81409e2b371cf3b91a43","claim":"Navitas Semiconductor Corp reported third quarter ended September 30, 2023 results: revenue $22.0 million.","evidence_excerpt":"across GaN and SiC. We expect Navitas’ revenues to far exceed market growth rates in 2024 and for years to come.” Financial Highlights • Revenue: Total revenue grew to $22.0 million in the third quarter of 2023, a 115% increase from $10.2 million in the third quarter of 2022 and a 22% increase from $18.1 million in the second quarter of 2023. • Gross Margin:","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000174/0001821769-23-000174-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$22.0 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"}