Welcome to our dedicated page for Peraso SEC filings (Ticker: PRSO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Peraso's filings document a fabless semiconductor issuer focused on mmWave wireless technology, including 60 GHz modules, antenna modules, software-enabled applications, NRE services, and IP licensing. Current Reports on Form 8-K record operating results, preliminary financial updates, product and customer milestones, at-the-market offering activity, and other material events.
Proxy and governance filings cover director elections, board composition, stockholder voting matters, executive and director compensation, stock option awards, and amendments to the Amended and Restated 2019 Stock Incentive Plan. The filing record also addresses capital-structure matters, common stock issuance programs, material agreements, risk language, and strategic-review disclosures.
Peraso Inc. updated investors on preliminary results and its at-the-market stock program. For the quarterly period ended March 31, 2026, the company now expects total revenues of approximately $0.9 million to $1.0 million, down from the $1.2 million it had indicated on its March 16, 2026 conference call. Management emphasized these figures are preliminary and may change once the normal quarter-end close is complete.
Peraso also filed a new prospectus supplement to increase the capacity of its existing at-the-market equity offering under its Sales Agreement with Ladenburg Thalmann. The supplement allows sales of up to an additional $2,125,000 of common shares, on top of approximately $7,245,131 of shares already sold under this program.
PRSO amends its shelf prospectus to increase at-the-market capacity to an aggregate offering price of up to $2,125,000. The supplement updates the Sales Agreement with Ladenburg Thalmann & Co. Inc. and notes approximately $7,245,131 in aggregate sales made under prior prospectus supplements.
As of April 10, 2026, the filing reports a public float of $25,732,336 based on 12,613,890 shares outstanding and a closing price of $2.04 per share (March 6, 2026). The company also revises a preliminary revenue estimate for the quarter ended March 31, 2026 to approximately $0.9 million to $1.0 million, down from an earlier estimate of $1.2 million; final results remain subject to quarter-end close.
Peraso Inc. files its annual report describing a fabless semiconductor business focused on millimeter‑wave (mmWave) ICs and antenna modules for fixed wireless access, military and high‑bandwidth consumer applications. The company has exited its Bandwidth Engine memory IC line, which contributed 22% of 2025 revenue and 89% of 2024 revenue, and does not expect meaningful future revenue from these products.
As of December 31, 2025, Peraso held $2.9 million in cash and cash equivalents and had an accumulated deficit of $181.9 million. Management and the auditor note substantial doubt about the company’s ability to continue as a going concern without raising additional capital and achieving sustainable profitability. Revenue is highly concentrated, with the top five customers providing about 80% of 2025 revenue, and the business depends on design wins and a small number of OEMs and WISPs.
Peraso reported 2025 results showing a shift toward its core 60 GHz mmWave business, but with lower overall sales. Full-year net revenue was $12.2 million compared with $14.6 million in 2024, as memory IC shipments declined while mmWave product revenue grew six-fold year over year.
GAAP gross margin improved to 58.0% from 51.7%, helped by higher-margin mmWave products and lower amortization on memory intangibles. GAAP net loss narrowed to $4.8 million, or ($0.67) per share, from $10.7 million, or ($3.57) per share, reflecting significant operating expense reductions.
Non-GAAP net loss was $4.3 million versus $5.1 million a year earlier, and adjusted EBITDA was negative $4.0 million compared with negative $4.5 million. Cash and cash equivalents were $2.9 million as of December 31, 2025. Management highlighted growing design wins in fixed wireless and tactical communications and sees rising demand for high-data-rate, interference-resistant 60 GHz connectivity through 2026.
Peraso Inc. granted new equity incentives to its top executives. On February 9, 2026, the compensation committee awarded 60,000 stock options each to Chief Executive Officer Ronald Glibbery, Chief Financial Officer James Sullivan, and Chief Operating Officer Bradley Lynch.
The options have an exercise price of $0.87 per share, vest in equal monthly installments over 36 months starting one month after the grant date, and expire on February 9, 2036. These awards were made under Peraso’s Amended and Restated 2019 Stock Incentive Plan.
Peraso Inc. reported that its Chief Financial Officer, James Sullivan, received a grant of 60,000 stock options on February 9, 2026. These options have an exercise price of $0.87 per share and were awarded at no cost to him.
The options vest as to 1/36th of the shares each month starting after February 9, 2026, creating a roughly three-year vesting schedule. Following this grant, Sullivan beneficially owns 60,000 derivative securities of this option class, all held directly.
Peraso Inc. granted Chief Executive Officer and director Ronald Glibbery a stock option covering 60,000 shares of common stock at an exercise price of $0.87 per share on February 9, 2026.
The option vests in equal monthly installments, with 1/36th of the shares vesting on each monthly anniversary following February 9, 2026, and expires on February 9, 2036. Following this grant, Glibbery beneficially owns 60,000 derivative securities of this option class, held directly.
Peraso Inc. reported that Chief Operating Officer Brad Lynch received a grant of stock options on February 9, 2026. The award covers 60,000 stock options with an exercise price of $0.87 per share, allowing future purchases of Peraso common stock at that price.
The options begin vesting after February 9, 2026. They will vest in equal monthly installments, with 1/36th of the shares vesting on each monthly anniversary until fully vested. The options are scheduled to expire on February 9, 2036 if not exercised.
Peraso Inc. reported that Chief Technology Officer Alex Tomkins received a grant of stock options on February 9, 2026. The award covers 60,000 stock options with an exercise price of $0.87 per share, all held as direct ownership.
The options relate to Peraso common stock and begin vesting after February 9, 2026. The grant will vest as to 1/36th of the shares each month following that date, so the award vests gradually over three years, aligning the CTO’s compensation with longer-term company performance.
Peraso Inc. director Links Cornelis reported new equity awards received on January 7, 2026. He was granted 50,000 restricted stock units (RSUs) of common stock at no cash cost, increasing his directly held common shares to 50,025 after the grant.
The RSU award vests in full on January 7, 2027 or earlier if the next annual stockholders’ meeting occurs before that date. Cornelis was also granted a stock option for 100,000 shares of common stock with a $1 exercise price, held directly. One-third of this option vests on the first anniversary of the grant, and the remaining two-thirds vest quarterly over the following two years, leaving him with 100,000 stock options outstanding.