DATA I/O CORP (DAIO) Form 8-K — Aug 12, 2026

$DAIOForm 8-KItems 2.02, 9.01Filed Aug 12, 2026, 4:39 PM ET0001654954-26-007525Original filing

Data I/O reported second quarter 2026 revenue of $5.2 million, topping guidance and up 59% sequentially from $3.3 million in the first quarter, though still below the $5.9 million posted a year ago. Gross margin expanded to 57.0% from 49.5% in Q1, bookings of $4.9 million exceeded revenue, and adjusted EBITDA excluding one-time items was breakeven at positive $39 thousand. GAAP net loss widened to $1.6 million, or $0.17 per share, from $0.08 per share in Q2 2025, driven by $873 thousand of interest expense on the June 2026 convertible debt.

Key figures

Eps: -$0.17 (vs -$0.08 in Q2 2025; six-month -$0.51 vs -$0.12)
Revenue: $5.2 million (net sales $5,149K for Q2 2026; $3.3M in Q1 2026; $5,948K in Q2 2025)
Guidance: Updated 2026 business framework: organic revenue growth for 2026 over 2025, acceleration of re-occurring/services revenue, improved gross margins, plus consolidation of anticipated results from the acquisition closing in H2 2026
Net Income: -$1,629,000 (vs -$742,000 in Q2 2025; six-month -$4,800,000 vs -$1,124,000)
Total Debt: $6.2 million convertible debenture (short-term); converted into preferred equity subsequent to quarter end, eliminating debt
Revenue Yoy: -13.4% (calculated: $5,149K vs $5,948K prior-year quarter)
Total Assets: $24,642,000
Cash Position: $10.8 million at June 30, 2026 (vs $5.7 million at March 31, 2026 and $7,901K at December 31, 2025)
Shares Outstanding: 10395627
Backlog: $2.1 million at June 30, 2026 (down from $2.6 million at March 31, 2026)
Adjusted ebitda: -$488,000 (vs -$437,000 Q2 2025)
Bookings q2 2026: $4.9 million (vs $4.2 million in Q1 2026)
Deferred revenue: $1.1 million (vs $1.5 million at March 31, 2026)
Interest expense: $873,000 (June 2026 convertible debt issuance)
Private placement: $9.0 million direct investment ($8.3 million net cash proceeds)
Accumulated deficit: -$15,774,000
Net working capital: $10.8 million (vs $9.3 million at March 31, 2026)
Stockholders equity: $11,907,000 (vs $13,514,000 at December 31, 2025)
Gross margin q2 2026: 57.0% (vs 49.5% Q1 2026 and 49.8% Q2 2025)
One time expenses q2: approximately $0.5 million ($527,000 in AEBITDA reconciliation)
Operating loss q2 2026: -$724,000 (improved from -$844,000 in Q2 2025)
Sequential revenue growth: 59%
Adjusted ebitda ex onetime: +$39,000 (breakeven; vs +$43,000 in Q2 2025)
Consumables services revenue mix: 55% of revenue (vs 81% in Q1 2026); platform sales 45% (vs 19%)

Price after filing

1 day: +10.3%7 days: -1.4%30 days: -5.1%

Close on the filing date to close N calendar days later (from $2.92). Historical, not a forecast.

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