Every 10-Q that Data I/O Corp (DAIO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DAIO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DAIO filings page.
Data I/O Corporation reported weaker results for the quarter ended June 30, 2026. Net sales were $5.1 million, down 13.4% from $5.9 million a year earlier, with year-to-date sales of $8.4 million down 30.7% from $12.1 million. The company posted a net loss of $1.6 million for the quarter and $4.8 million year-to-date, compared with losses of $0.7 million and $1.1 million in the prior-year periods.
Despite lower revenue, profitability metrics improved at the gross level: gross margin was $2.9 million, or 57.0% of sales, up from 49.8% a year earlier, driven by mix, pricing discipline and cost controls. Operating expenses rose year-to-date, partly due to restructuring, including $1.3 million of workforce reduction costs, contributing to a larger operating loss.
Liquidity strengthened via a June 2026 private placement that generated approximately $9.0 million in gross proceeds from common stock, $6.83 million of convertible notes and 1,080,000 warrants at $3.00 per share, lifting cash to $10.8 million. The convertible notes were carried at about $6.2 million at quarter-end and subsequently converted into preferred stock after shareholder approval. Management continues to report a material weakness in internal control over financial reporting relating to IT access and segregation of duties, and disclosure controls remain ineffective while remediation continues.
Data I/O Corporation reported a weak first quarter of 2026, with revenue falling and losses widening. Net sales were $3.3 million, down from $6.2 million a year earlier, as capital equipment demand softened amid global trade and tariff uncertainty. Consumable adapters and services made up 81% of revenue, providing a recurring base.
The company posted a net loss of $3.2 million compared with a $0.4 million loss in the prior-year quarter, and gross margin slipped to 49.5% from 51.6% as fixed costs were spread over lower sales. Cash and cash equivalents declined to $5.7 million from $7.9 million at year-end, while working capital decreased to $9.3 million. Data I/O remains debt-free and recorded about $1.0 million of severance and related costs tied to a Germany workforce reduction. Management continues to address a previously identified material weakness in internal control over financial reporting. After quarter-end, the company agreed to raise approximately $9.0 million through a securities purchase agreement, subject to closing conditions.
Data I/O (DAIO) reported Q3 2025 results with net sales of $5.393 million, essentially flat year over year. Gross margin was 50.7% versus 53.9% a year ago. The company posted an operating loss of $1.393 million and a net loss of $1.362 million (loss per share $0.15).
Sales mix shifted toward equipment (51% of revenue) with adapters at 32% and software/maintenance at 17%. International markets accounted for 99.9% of Q3 sales. Bookings were $5.1 million and backlog ended the quarter at $2.7 million; deferred revenue was $1.4 million. R&D rose to $1.709 million, while SG&A increased to $2.418 million, reflecting higher compensation, leadership transitions, and ransomware incident remediation costs in August, which management believes affected timing rather than volume of sales.
Cash and equivalents were $9.664 million with no debt; working capital was $14.422 million. Shares outstanding were 9,390,730 as of September 30, 2025. Management continues to remediate a previously identified material weakness in IT access and segregation of duties; enhanced controls are being tested as part of the 2025 assessment.
Data I/O reported second-quarter 2025 net sales of $5.95 million, up 17.5% versus the year-ago quarter, and six-month revenue of $12.12 million (up 8.6%). Gross margin declined to 49.8% from 54.5% a year earlier, driven by a lower-margin product mix tied to a large automated-systems order. The company recorded a net loss of $742,000 (basic EPS $(0.08)) and an operating loss of $844,000. EBITDA was $(687,000) and adjusted EBITDA excluding equity compensation was $(437,000).
Bookings strengthened to $5.8 million in Q2 (including a >$1.4 million order for 10 PSV automated systems to an EV supplier), backlog was $2.8 million, and deferred revenue stood at $1.3 million. Cash and equivalents were $9.97 million with no debt and working capital of about $15.6 million. Management cites continued R&D investment, operational efficiency work and ongoing remediation of an IT-related material weakness in internal controls.