Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 (DAIO) signed a definitive agreement to acquire V-TEK, Inc. and A&J Programming, Inc. for approximately $23 million, paid in a combination of cash and common stock. The stock consideration is approximately $3 million, or approximately 1.12 million shares. The acquisition is expected to close this week, subject to customary closing conditions. Data I/O intends to use common stock, cash on hand and proceeds from the proposed offering toward the purchase price.
Separately, Data I/O announced a proposed private placement of approximately $13.25 million in convertible subordinated debentures and common shares, expected to close in the next few days subject to customary closing conditions. The debentures have a five-year term and bear interest at 5% for the first year, increasing by 1% each year thereafter. Debentures associated with $7.25 million of the round convert automatically into common stock at $2.68 per share; those associated with $4.0 million convert into preferred shares at $1,000 per share. The preferred shares are non-voting and convertible into common stock at $2.68 per share.
Data I/O Corporation reported second quarter 2026 net sales of $5.15M, up 59% sequentially from the first quarter but below the prior-year quarter’s $5.95M. Bookings were $4.9M, and consumables and services contributed 55% of revenue, with platform sales rebounding to 45%.
Gross margin improved to 57.0% from 49.5% in the first quarter and 49.8% a year ago, driven by mix, value-based pricing and better overhead absorption. Operating loss narrowed to $0.72M, but net loss widened to $1.63M due to $0.87M of interest expense from newly issued convertible debt.
Adjusted EBITDA excluding equity compensation was a loss of $0.49M, roughly in line with a year ago, but management cites restructuring and optimization as supporting breakeven adjusted EBITDA excluding one-time items. Cash rose to $10.8M at June 30, 2026, helped by $8.3M net proceeds from a private placement; the related $6.21M convertible debenture was subsequently converted to preferred equity. Management highlights progress on a planned transformational acquisition expected to nearly double annual revenue, plus a planned purchase of IAR’s embedded software security IP, both aimed at expanding its security and Programming-as-a-Service platform.
Data I/O Corporation reported preliminary financial results for the quarter ended June 30, 2026 and postponed the release of its full second-quarter financial statements and investor conference call to August 12, 2026 after market close. The timing change follows an independent accounting and valuation analysis regarding the treatment of the $9 million direct investment announced in May 2026.
Preliminary second-quarter net sales were $5.2 million, up 59% sequentially from $3.3 million in the first quarter 2026. Gross margin was 57.1%, compared with 49.5% in the prior quarter. Cash totaled $10.8 million at June 30, 2026, versus $5.7 million at March 31, 2026, reflecting net cash proceeds from the May 2026 direct investment. These figures are subject to completion and auditor review.
Data I/O Corporation adopted a 2023 Omnibus Incentive Compensation Plan to grant stock-based awards to employees, officers, consultants and non-employee directors. The plan is designed to attract and retain service providers and align their interests with shareholders through equity ownership.
The plan authorizes awards for up to 2,500,000 Shares plus unused and returning shares from the prior stock plan, with detailed share-counting and recycling rules. Annual limits generally cap grants at 200,000 Shares per year for most participants (with an additional one-time 100,000-Share hiring grant) and 100,000 Shares per year for non-employee directors.
Awards may include options, stock appreciation rights, restricted stock, RSUs, performance stock units, dividend equivalents and other stock-based awards, generally subject to a minimum one-year vesting requirement, with limited exceptions for up to 5% of the share pool and specific director and substitute awards. The plan includes change in control mechanics, Section 409A compliance rules, a clawback provision, and runs for 10 years from Board adoption, with shareholder approval obtained on May 18, 2023 and amendment by shareholders on July 8, 2026.
Data I/O Corporation closed a $9 million private investment with two institutional investors, providing new funding for working capital, general corporate purposes and potential strategic acquisitions. The financing combines common stock, unsecured convertible debentures and warrants.
The company issued 869,840 shares of common stock, convertible debentures with aggregate principal of about $6.8 million and warrants to purchase up to 1,080,000 shares. The warrants carry a $3.00 exercise price and are exercisable for five years.
The debentures bear 4.0% annual interest, maturing five years from issuance, and are convertible into non-voting Series B preferred stock, which is in turn convertible into common stock at an initial $2.50 per-share conversion price. Automatic conversion to preferred stock and removal of certain warrant restrictions depend on future stockholder approval under Nasdaq rules. Data I/O plans to register the resale of the issued and underlying shares with the SEC.
Data I/O Corporation entered into a private financing agreement with the Lytton-Kambara Foundation and the Alice W. Lytton Family LLC for an aggregate purchase price of $9 million. The deal includes 869,840 shares of common stock, a five-year convertible note with a principal amount of $6,825,400 bearing 4% annual interest, and warrants for 1,080,000 common shares at $3.00 per share.
The note is convertible into Series B Convertible Preferred Stock at $1,000 per preferred share and may automatically convert if shareholders approve a proposal at the 2026 annual meeting. Each preferred share carries a 4% cumulative dividend on its $1,000 stated value and is initially convertible into common stock at $2.50 per share, subject to adjustment. Warrants are exercisable for five years, and conversions or exercises are limited by a 9.99% beneficial ownership cap and an aggregate Investor Issuance Cap of 1,869,470 common shares. The securities are being issued in a private placement under Regulation D exemptions, with the company agreeing to register the resale of the underlying common shares.
Data I/O reported a weak first quarter while outlining a major transformation. Net sales were $3.25 million, down from $6.18 million a year earlier, and the net loss widened to $3.17 million, or $0.34 per share. Gross margin was 49.5% and bookings reached $4.2 million, with backlog at $2.6 million.
The company announced a $23 million acquisition expected to close by the end of the third quarter and to nearly double annual revenue, while being accretive to profit and cash flow. A $9 million direct investment from a single institutional investor will strengthen liquidity and create its largest shareholder.
Management is cutting costs, targeting about $1.8 million in previously implemented annual run-rate savings plus an additional $1 million, and shifting toward recurring Programming-as-a-Service and other services. For the second quarter 2026, Data I/O guides revenue of $5.0–$5.4 million, implying at least about 20% sequential growth. The company also disclosed a material weakness in internal control over disaggregated revenue reporting and is working on remediation.
Data I/O Corporation’s Board of Directors approved an immediate amendment to the company’s Bylaws on April 29, 2026. The change removes the requirement that the annual meeting of shareholders be held in May, giving the company flexibility in scheduling future annual meetings.
On the same date, the Board set the 2026 annual meeting of shareholders for July 8, 2026. The full text of the Amended and Restated Bylaws as of April 29, 2026 is provided as Exhibit 3.2 for detailed reference.
Data I/O Corporation reported a planned change on its Board of Directors. On March 5, 2026, director Douglas Brown informed the company he will not stand for re-election at the upcoming Annual Meeting of Shareholders and will continue to serve until his current term ends at that meeting.
The company stated that Mr. Brown’s decision is not due to any disagreement with Data I/O on its operations, policies, or practices, indicating an orderly and amicable board transition.
Data I/O Corporation reported weaker fourth quarter and full-year 2025 results as it continued a broad strategic transformation. Fourth quarter net sales were $4.0 million, down from $5.2 million a year earlier, and the company posted a quarterly net loss of $2.5 million, or ($0.27) per share. For 2025, net sales were essentially flat at $21.5 million versus $21.8 million in 2024, while the full-year net loss widened to $5.0 million, or ($0.53) per share, compared with $3.1 million in 2024. Gross margin declined to 49.3% for 2025 from 53.3%, reflecting lower absorption of labor and overhead amid a semiconductor downturn, especially in automotive electronics. Bookings fell to $18.6 million from $22.5 million, and year-end backlog was $2.3 million. Management highlighted a strategic shift toward programming services, “programming at test,” and Edge AI opportunities, with operating expenses reduced 7% since November 2024 to an annualized $24.8 million. Cash stood at $7.9 million with no debt, and the company targets organic revenue growth, additional $1 million in annual run-rate savings, improved margins, and a line of sight to near-term positive operating cash flow in 2026.
Data I/O Corporation (DAIO) furnished an 8-K to announce that a press release with third quarter 2025 results was provided as Exhibit 99.0 under Item 2.02 (Results of Operations and Financial Condition). The exhibit is identified under Item 9.01 (Financial Statements and Exhibits).
This is an administrative disclosure that makes the company’s Q3 2025 results press release available through the SEC’s system. The filing itself does not include financial figures; those are contained in the attached press release.
Data I/O Corporation reported an update on a ransomware cybersecurity incident that affected certain internal IT systems in August 2025. The company determined the attack was not specifically targeted at it but stemmed from a vulnerability in a commercially available third-party firewall service. Data I/O engaged outside cybersecurity experts, completed recovery efforts, and states the affected systems are now fully restored, contained, and remediated, with operations such as communications, shipping, receiving, and manufacturing back to normal.
The company does not believe any revenue has been lost from the incident as of the date of this report. However, as of September 9, 2025, Data I/O estimates remediation, restoration, and investigation expenses of approximately $388,000 in the third quarter ending September 30, 2025, and expects this to have a material impact on its results of operations and financial condition. The company also notes it has strengthened its IT systems based on lessons from the incident.
Data I/O Corporation reported a ransomware cybersecurity incident affecting certain internal IT systems on August 16, 2025. The company activated its response protocols, took some platforms offline, implemented containment and mitigation measures, and engaged external cybersecurity experts to support recovery and investigate the incident. It expects to notify affected individuals and regulators as required by law.
The incident has temporarily disrupted operations, including communications, shipping, receiving, manufacturing production, and support functions. Some functions have been restored, but the timeline for full restoration is not yet known. As of this report, the incident does not appear to have had a material impact on overall business operations, but the company states that the full scope and impact are not yet known and could later be determined to be material. The expected costs of the incident, including expert and advisor fees and system restoration, are reasonably likely to have a material impact on results of operations and financial condition.
Data I/O Corporation filed an amended current report to clarify the timing and scope of a previously announced finance leadership change. The company explains that Charles DiBona became Vice President of Finance effective August 11, 2025, and will become an Executive Officer and serve as Vice President and Chief Financial Officer, Secretary and Treasurer effective August 15, 2025, assuming the duties normally associated with a chief financial officer.
The amendment also clarifies that Todd Henne will continue as interim Chief Financial Officer and perform CFO responsibilities until Mr. DiBona assumes those responsibilities on August 15, 2025. The company furnished Amendment No. 1 to Mr. DiBona’s Executive Employment Agreement as an exhibit, while confirming that all other information from the original report remains unchanged.
Data I/O Corporation appointed Charles DiBona as Vice President and Chief Financial Officer, Secretary and Treasurer effective August 11, 2025. Todd Henne stepped down as Interim CFO and will remain briefly to support a smooth transition.
Mr. DiBona brings recent advisory and interim CFO experience, having advised Private Liquidity Partners since July 2024 and founded Synchronic Consulting in June 2024. He previously served as CFO of LabVantage Solutions (2022–2023) and Unify Square (2016–2022), where he was involved in an acquisition by Unisys. His Executive Employment Agreement provides a $350,000 base salary, a 50% incentive target, participation in the Management Incentive Compensation Plan, and an inducement grant of 100,000 Restricted Stock Units vesting annually over three years; the grant was approved by the Compensation Committee. The filing furnishes the employment agreement and a press release as exhibits.