{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-24-000012","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.734931+00:00","generated_at":"2026-06-05T07:16:36.658856+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 Q4 revenue $26.1M (+111% YoY), FY revenue $79.5M (+109% YoY)","bullets":["Q4 revenue $26.1M, up 111% YoY and 19% sequentially; GAAP gross margin 42.2% (up from 40.6% YoY).","FY 2023 revenue $79.5M, up 109% from $37.9M; GAAP gross margin improved to 39.1% from 31.5%.","New wins in AI data centers, home appliances, solar inverters, satellite internet; over 20 data center designs ramping in 2024.","Q1 2024 guidance: revenue ~$23M (±$500K), gross margin ~41%, opex ~$21.5M (excl. SBC).","Cash $152.8M at year-end; CEO acknowledges H1 headwinds but expects H2 acceleration."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-24-000012","json":"https://secwatch.observer/filing/0001821769-24-000012.json","markdown":"https://secwatch.observer/filing/0001821769-24-000012.md","text":"https://secwatch.observer/filing/0001821769-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/0001821769-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/i-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:16:36.658856+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":"59d7d51547f4762c08624102adafe565ee7bb329","claim":"Navitas Semiconductor Corp reported financial results for the fiscal year and quarterly period ended December 31, 2023.","evidence_excerpt":"On February 29, 2024, Navitas Semiconductor Corporation issued a press release announcing its unaudited consolidated financial results for the fiscal year and quarterly period ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/0001821769-24-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year and quarterly period ended December 31, 2023"},{"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"}