{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-25-000212","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.617218+00:00","generated_at":"2026-05-17T00:56:19.615469+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Navitas Q3 revenue plunges 53% YoY to $10.1M; guides Q4 to ~$7.0M amid pivot","bullets":["Q3 revenue $10.1M, down 53% YoY from $21.7M and 30% sequentially from $14.5M.","GAAP operating loss of $19.4M; non-GAAP operating loss $11.5M.","Strategic pivot: deprioritizing low-power China mobile/consumer, refocusing on AI data center and high-power markets.","Q4 revenue guidance ~$7.0M (+/- $0.25M), non-GAAP gross margin 38.5%, opex ~$15.0M.","Recognized as NVIDIA partner for 800V DC AI factory; sampling 2.3kV/3.3kV SiC modules."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-25-000212","json":"https://secwatch.observer/filing/0001821769-25-000212.json","markdown":"https://secwatch.observer/filing/0001821769-25-000212.md","text":"https://secwatch.observer/filing/0001821769-25-000212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176925000212/0001821769-25-000212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176925000212/i-20251103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:56:19.615469+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"}