{"filing":{"accession_number":"0001193125-26-269389","cik":"0000924383","ticker":"GNSS","company_name":"Genasys Inc.","form":"8-K","filing_date":"2026-06-12","report_date":null,"primary_document":"gnss-20260609.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/924383/000119312526269389/gnss-20260609.htm"},"events":[{"id":10792,"run_id":9469,"accession_number":"0001193125-26-269389","anchor_item_number":"1.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"summary":"Genasys entered into a $4.3 million unsecured term loan with Maran Partners Fund on June 9, 2026, bearing an 18% fixed interest rate, maturing in three months (September 14, 2026), with substantial fees totaling $365,500 and restrictive covenants. The onerous terms and short maturity suggest financial stress and materially affect the company's liquidity and financial condition.","company_name":"Genasys Inc.","ticker":"GNSS","filing_date":"2026-06-12","form":"8-K","submitted_at":null,"items":[{"id":7192,"accession_number":"0001193125-26-269389","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"Genasys entered into a $4.3 million unsecured term loan with Maran Partners Fund on June 9, 2026, with an 18% fixed interest rate and a maturity of September 14, 2026 (three months). While Item 1.01 typically covers M\u0026A activity, this disclosure centers on a material debt financing arrangement with onerous terms (high interest rate, short maturity, substantial fees totaling $365,500) that would affect a reasonable investor's assessment of the company's financial condition and liquidity. The short three-month maturity and restrictive covenants suggest financial stress, but the event does not fit cleanly into the M\u0026A taxonomy categories, warranting classification as other_material.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T02:17:58.092797+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7193,"accession_number":"0001193125-26-269389","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The filing references Item 1.01 (a material acquisition, disposition, merger, or change of control) as the source of a direct financial obligation under Item 2.03. Without access to the Item 1.01 disclosure itself, the most likely event is M\u0026A activity creating a financial obligation (e.g., purchase price, earnout, or debt assumption). However, the incorporation by reference prevents definitive classification without reviewing Item 1.01. Classified as \"other_material\" pending visibility of the underlying transaction details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T02:17:58.092797+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7192,"accession_number":"0001193125-26-269389","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"Genasys entered into a $4.3 million unsecured term loan with Maran Partners Fund on June 9, 2026, with an 18% fixed interest rate and a maturity of September 14, 2026 (three months). While Item 1.01 typically covers M\u0026A activity, this disclosure centers on a material debt financing arrangement with onerous terms (high interest rate, short maturity, substantial fees totaling $365,500) that would affect a reasonable investor's assessment of the company's financial condition and liquidity. The short three-month maturity and restrictive covenants suggest financial stress, but the event does not fit cleanly into the M\u0026A taxonomy categories, warranting classification as other_material.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T02:17:58.092797+00:00","company_name":"Genasys Inc.","ticker":"GNSS","filing_date":"2026-06-12"},{"id":7193,"accession_number":"0001193125-26-269389","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The filing references Item 1.01 (a material acquisition, disposition, merger, or change of control) as the source of a direct financial obligation under Item 2.03. Without access to the Item 1.01 disclosure itself, the most likely event is M\u0026A activity creating a financial obligation (e.g., purchase price, earnout, or debt assumption). However, the incorporation by reference prevents definitive classification without reviewing Item 1.01. Classified as \"other_material\" pending visibility of the underlying transaction details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T02:17:58.092797+00:00","company_name":"Genasys Inc.","ticker":"GNSS","filing_date":"2026-06-12"}]}