Business Context and Reporting Period
Company: ONE STOP SYSTEMS, INC. (OSS)
Filing Type: Form 8-K (Current Report)
Date of Report: August 10, 2023
Reporting Period: Second fiscal quarter ended June 30, 2023
Business Overview: The Company is incorporated in Delaware and trades on The Nasdaq Capital Market. This filing serves to disclose financial results for the second fiscal quarter via a press release incorporated by reference.
Key Financial Metrics
The provided text is a cover sheet and regulatory disclosure framework. It references a press release (Exhibit 99.1) containing the actual financial data but does not list specific numerical values within this document.
- Revenue, Profit, Cash Flow, Margins: Not provided in this text; contained in Exhibit 99.1.
- Debt and Liquidity: Not provided in this text; contained in Exhibit 99.1.
- Non-GAAP Measures: The filing confirms the use of non-GAAP financial measures in the referenced press release, with reconciliations to GAAP measures included.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It only confirms that results for the quarter ended June 30, 2023, were issued on August 10, 2023.
Guidance, Outlook, and Risks
- Forward-Looking Statements: The referenced press release (Exhibit 99.1) contains forward-looking statements. The filing explicitly states these are not guarantees of future performance and involve risks, uncertainties, and assumptions that may not prove accurate.
- Management Commentary: Management believes the presentation of non-GAAP measures provides useful information to investors, though these should not substitute for GAAP measures.
- Regulatory Status: The information in Item 7.01 and Exhibit 99.1 is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act, limiting liability exposure for the forward-looking content.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and cash flow figures for the quarter ended June 30, 2023.
- Verify the reconciliation between non-GAAP and GAAP financial measures provided in the press release.
- Assess the specific forward-looking assumptions and risk factors detailed in the press release to understand potential variances in future performance.
- Confirm the trading status of OSS on The Nasdaq Capital Market following the release of these results.