{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-24-000058","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.386987+00:00","generated_at":"2026-06-02T06:51:50.626861+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 Q1 revenue up 73% YoY to $23.2M; non-GAAP loss narrows to $11.8M","bullets":["Revenue $23.2M (+73% YoY); GAAP loss from ops $31.6M improved from $35.5M; non-GAAP loss $11.8M from $12.3M.","Customer pipeline grew to $1.6B; over 160 EV-related customers, 30+ data center projects, 450+ mobile fast chargers.","Q2 revenue guidance $20M±$0.5M; non-GAAP gross margin ~40%; non-GAAP opex ~$21.5M.","Cash and equivalents $129.7M at quarter end; potential 10-Q filing delay of one day due to stock-compensation control processes."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-24-000058","json":"https://secwatch.observer/filing/0001821769-24-000058.json","markdown":"https://secwatch.observer/filing/0001821769-24-000058.md","text":"https://secwatch.observer/filing/0001821769-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000058/0001821769-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000058/i-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:51:50.626861+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":"2084b87c63b1c2e9425e8c9a43aea4d0e5ed7716","claim":"Navitas Semiconductor Corp reported the first quarter ended March 31, 2024 results: revenue $23.2 million.","evidence_excerpt":"has grown to $1.6 billion – shows that future demand for electrification and energy savings is stronger than ever.” 1Q24 Financial Highlights • Revenue: Total revenue grew to $23.2 million in the first quarter of 2024, a 73% increase from $13.4 million in the first quarter of 2023. • Loss from Operations: GAAP loss from operations for the quarter was $31.6 million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000058/0001821769-24-000058-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$23.2 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"}