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GSI TECHNOLOGY INC

For the period ended Mar 31, 2024. Filed Jun 13, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jun 13, 2024

GSIT$3.24+7.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

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PART IPage
Item 1.Business3
Item 1A.Risk Factors17
Item 1B.Unresolved Staff Comments35
Item 1C.Cybersecurity35
Item 2.Properties37
Item 3.Legal Proceedings37
Item 4.Mine Safety Disclosures37
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PART II​38
Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities38
Item 6.Reserved38
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations39
Item 7A.Quantitative and Qualitative Disclosures About Market Risk47
Item 8.Financial Statements and Supplementary Data48
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure86
Item 9A.Controls and Procedures86
Item 9B.Other Information87
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections87
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PART III​88
Item 10.Directors, Executive Officers and Corporate Governance88
Item 11.Executive Compensation88
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters88
Item 13.Certain Relationships and Related Transactions, and Director Independence88
Item 14.Principal Accountant Fees and Services88
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PART IV​89
Item 15.Exhibits and Financial Statement Schedules89
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SIGNATURES94

Forward-looking Statements

In addition to historical information, this Annual Report on Form 10-K includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements involve risks and uncertainties. Forward-looking statements are identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “will,” and other similar expressions. In addition, any statements which refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including those set forth in this report under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors,” those described elsewhere in this report, and those described in our other reports filed with the Securities and Exchange Commission (“SEC”). We caution you not to place undue reliance on these forward-looking statements, which speak only as of the date of this report, and we undertake no obligation to update these forward-looking statements after the filing of this report. You are urged to review carefully and consider our various disclosures in this report and in our other reports publicly disclosed or filed with the SEC that attempt to advise you of the risks and factors that may affect our business.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.