Peraso Inc. Files 8-K on Financials

TL;DR

Peraso Inc. dropped an 8-K detailing financials. Check it out.

AI Summary

Peraso Inc. filed an 8-K on August 12, 2024, reporting on its results of operations and financial condition, and including financial statements and exhibits. The filing details the company's status as a semiconductor device manufacturer incorporated in Delaware.

Why It Matters

This filing provides investors with crucial updates on Peraso Inc.'s financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.

Key Players & Entities

• Peraso Inc. (company) — Registrant
• MoSys, Inc. (company) — Former company name
• MONOLITHIC SYSTEM TECHNOLOGY INC (company) — Former company name
• August 12, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share PRSO The Nasdaq Stock Mar

Filing Documents

• peraso_8k.htm (8-K) — 29KB
• peraso_ex991.htm (EX-99.1) — 267KB
• peraso_ex991img1.jpg (GRAPHIC) — 5KB
• 0001654954-24-010334.txt ( ) — 440KB
• ea0210674-20240812.xsd (EX-101.SCH) — 6KB
• ea0210674-20240812_lab.xml (EX-101.LAB) — 14KB
• ea0210674-20240812_cal.xml (EX-101.CAL) — 1KB
• ea0210674-20240812_pre.xml (EX-101.PRE) — 9KB
• ea0210674-20240812_def.xml (EX-101.DEF) — 2KB
• peraso_8k_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On August 12, 2024, Peraso Inc. (the "Company") issued a press release announcing its financial results for the three and six months ended June 30, 2024. A copy of this press release is furnished as Exhibit 99.1 to this report. The press release should be read in conjunction with the cautionary language regarding forward-looking statements, which are included in the text of the release. In addition to disclosing financial results calculated in accordance with U.S. generally accepted accounting principles ("GAAP"), management also presents information regarding the Company's performance over comparable periods based on cost of goods sold, operating expenses (research and development and sales, general and administrative), operating income (loss), net income (loss) and net income (loss) per share, exclusive of stock-based compensation, amortization of intangible assets, severance costs and change in fair value of warrant liabilities. Because management discloses financial measures calculated without taking into account these items, these financial measures are characterized as "non-GAAP financial measures" under Securities and Exchange Commission rules. Stock-based compensation charges represent non-cash charges related to equity awards granted by the Company. Although these are recurring charges to the Company's operations, management believes the measurement of these amounts can vary considerably from period to period and depend substantially on factors that are not a direct consequence of operating performance that is within management's control. Thus, management believes that excluding these charges facilitates comparisons of the Company's operational performance in different periods, as well as with similarly determined non-GAAP financial measures of comparable companies. The Company's non-GAAP financial measures also exclude amortization of intangibles recorded from the Company's acquisition of Peraso

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release by Peraso Inc. dated August 12, 2024 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERASO INC. Date: August 12, 2024 By: /s/ James Sullivan James Sullivan Chief Financial Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR