{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-24-000118","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.834334+00:00","generated_at":"2026-05-30T06:15:32.851213+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Navitas Q3 revenue $21.7M, flat YoY; non-GAAP loss widens; cost cuts and new GaN platform","bullets":["Revenue $21.7M (-1.4% YoY, +5.9% QoQ); GAAP operating loss $29.0M vs $28.6M YoY.","Non-GAAP operating loss $12.7M, wider than $8.7M in Q3 2023; cash $98.6M.","New 80-200V GaN platform for 48V AI data center, EV, robotics; strategic dual-sourcing with Infineon.","Cost reduction plan: 14% headcount reduction (~45 employees), expected $2M quarterly savings.","Q4 guidance: revenue $18-20M; non-GAAP gross margin ~40%; operating expenses ~$20.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-24-000118","json":"https://secwatch.observer/filing/0001821769-24-000118.json","markdown":"https://secwatch.observer/filing/0001821769-24-000118.md","text":"https://secwatch.observer/filing/0001821769-24-000118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000118/0001821769-24-000118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176924000118/i-20241104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:15:32.851213+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}