AI Executive Summary
AI-powered analysis of 10-Q filing content
DATA I/O Corporation shows severe financial deterioration in Q1 2026 with revenue declining 47% year-over-year to $3.25M while operating losses expanded dramatically to $3.14M from $0.38M. Cash declined 28% to $5.7M and accumulated deficit increased substantially to $14.1M, indicating significant business challenges.
Red Flags Detected (6)
Revenue collapse: 47% decline from $6.18M to $3.25M year-over-year
Massive operating loss expansion: $3.14M loss vs $0.38M prior year
Net loss per share worsened to ($0.34) from ($0.04)
3 more red flags detected
Key Takeaways
Company is experiencing severe revenue decline while maintaining high fixed cost structure
Current cash burn rate could exhaust liquidity within 2-3 quarters if unchecked
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.