Summary of Data I/O (DAIO) Conference Call Company Overview - **Company Name**: Data I/O Corporation - **Industry**: Semiconductor technology and programming solutions - **Founded**: 1972 - **CEO**: Bill Wentworth since October 31, 2024 - **Market Presence**: Significant market share in automotive, IoT, industrial controls, and service providers globally [3][5][6] Core Business and Technology - **Core Function**: Data I/O specializes in embedding data into programmable semiconductor technology, primarily for Fortune 500 companies [5][19] - **Technology Platforms**: - **FlashCore 3** and **Luminex** are the main platforms used for programming and embedding data into silicon [8][11] - Transitioning from the older Luminex platform to a newer version to address UFS flash technology, which is expected to grow at a CAGR of 14% over the next five years [34][35] Market Dynamics - **Automotive Sector**: - Accounts for nearly 60% of revenue, driven by increasing complexity in automotive technology [19][39] - Demand for programmable technology in vehicles is expected to grow due to advancements in autonomous driving and infotainment systems [39] - **Service Provider Network**: - Identified as a significant growth area, potentially twice the size of the automotive market [21] - Focus on global distribution companies and contract manufacturers to expand market reach [22][32] Financial Performance and Strategy - **Current Financial Status**: Approximately $10 million in cash, cash flow neutral, with expectations for growth in the second half of the year [24] - **Gross Margins**: Historically between 52-58%, with potential to reach the low 60s through improved efficiencies and service offerings [30] - **Revenue Diversification**: Plans to diversify revenue streams beyond automotive, including entering the services market, which is larger and offers recurring revenue opportunities [27][50] Product Development and Innovation - **New Product Launches**: - Two new versions of products to be released in September and November 2025, aimed at enhancing capabilities in the engineering community [16][34] - Focus on UFS flash technology to meet growing market demands [34][36] - **Use of AI**: Implementing AI to streamline engineering processes and improve operational efficiencies [25][26] Market Trends and Future Outlook - **Growth Opportunities**: - Anticipated growth in automotive and IoT sectors, with increasing demand for programmable technology [44] - Exploring organic and inorganic growth opportunities, including potential M&A [27][28] - **Service Market Potential**: The independent programming service market is estimated to be worth $200-300 million globally, presenting a significant opportunity for Data I/O [50][51] Conclusion - Data I/O is positioned to leverage its technological advancements and market presence to capture growth in the semiconductor programming industry, with a strategic focus on diversifying revenue streams and enhancing product offerings to meet evolving customer needs [51]

Redmond, Washington--(Newsfile Corp. - June 10, 2025) - Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced that its management will be participating in the following investor conferences:Singular Research Summer Solstice Conference on June 18, 2025Data I/O management will deliver a company presentation at 3:00 PM ET on June 18 in New York. The conference will be held at th ...

Financial Performance - Data I/O reported net sales of $6.2 million for Q1 2025, a 1.3% increase from $6.1 million in Q1 2024, driven by business recovery and backlog deliveries in the Americas and Europe[87]. - The company experienced a significant increase in U.S. sales, which rose by 234.5% to $756,000, while international sales decreased by 7.7% to $5.42 million, representing 88% of total net sales[86][89]. - Gross margin for Q1 2025 was $3.19 million, accounting for 51.6% of net sales, down from 52.8% in Q1 2024, primarily due to a higher mix of system sales revenue[90]. - New bookings for Q1 2025 were $4.6 million, an increase from $4.1 million in Q4 2024 but a decrease from $8.1 million in Q1 2024, influenced by delays in customer purchase decisions[88]. - The backlog as of March 31, 2025, was $2.9 million, a decrease of $0.6 million from December 31, 2024, with deferred revenue at approximately $1.5 million[88]. Operational Strategy - The company is focusing on diversifying its end markets and enhancing its consultative sales process to drive revenue growth[66]. - Data I/O has implemented a resilient supply chain with dual manufacturing capabilities in the U.S. and China, positioning itself to manage emerging tariff policies effectively[67]. - The company is considering additional manufacturing locations in Europe to further enhance its operational capabilities[67]. Economic Outlook - Despite economic uncertainties, Data I/O remains focused on sustainable growth through innovation and improving its value proposition[68]. Expenses and Income - Research and development (R&D) expenses decreased to $1,515,000 in Q1 2025, a 4.2% decline from $1,582,000 in Q1 2024, representing 24.5% of net sales compared to 25.9% in the prior year[91]. - Selling, general and administrative (SG&A) expenses fell to $2,050,000 in Q1 2025, down 17.9% from $2,498,000 in Q1 2024, accounting for 33.2% of net sales versus 41.0% previously[92]. - Interest income dropped to $38,000 in Q1 2025, a 52.5% decrease from $80,000 in Q1 2024, attributed to lower interest rates and invested balances[94]. - The income tax expense for Q1 2025 was $21,000, down 48.8% from $41,000 in Q1 2024, primarily related to foreign and state taxes[96]. Cash and Working Capital - Working capital as of March 31, 2025, was approximately $16,014,000, a slight decrease of $71,000 from $16,085,000 at the end of 2024[98]. - Cash increased to $10,500,000, up $159,000 from December 31, 2024, due to higher sales and improved cost structure[98]. EBITDA and Valuation - EBITDA for Q1 2025 was ($272,000), an improvement from ($645,000) in Q1 2024, while adjusted EBITDA was ($98,000) compared to ($364,000) in the prior year[104]. - The company maintains a valuation allowance of $8,900,000 as of March 31, 2025, due to uncertainties related to loss history and economic outlook[97]. Capital Expenditure and Debt - The company has no significant capital expenditure plans but will continue to manage expenditures to support business development and new product releases[99]. - The company has no debt and believes it has sufficient cash and working capital to fund operations and capital requirements for the next year and beyond[101].

Data I/O Announces Open Market Purchases of Company Stock by Board Members and Senior ManagementMay 08, 2025 4:01 PM EDT | Source: Data I/O Corp.Redmond, Washington--(Newsfile Corp. - May 8, 2025) - Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced recent open-market stock purchases by Company insiders. During the most recent trading window that opened follow ...

The Company's adapters will be used to support its premier automated programming systems known globally for speed, flexibility and fast changeover to handle any job at the lowest total cost of ownership. The adapters serve as a physical interface between the Company's automated programming systems, such as the market leading PSV family, and a growing array of semiconductor devices, including microcontrollers, flash memory, and programmable logic devices. The Company continues to expand its library of algori ...

Data I/O Corporation (DAIO) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Jordan Darrow - Darrow Associates, IR Bill Wentworth - President and CEO Gerry Ng - VP and CFO Conference Call Participants David Marsh - Singular Research Operator Good afternoon and welcome to the Data I/O First Quarter 2025 Financial Results Conference Call. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this ev ...

Data I/O (DAIO) Q1 2025 Earnings Call April 24, 2025 05:00 PM ET Company Participants Jordan Darrow - Investor RelationsBill Wentworth - President & CEOGerry Ng - VP & CFO Conference Call Participants David Marsh - Equity AnalystNone - Analyst Operator Good afternoon, and welcome to the Data IO First Quarter twenty twenty five Financial Results Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is ...

Data I/O (DAIO) Q1 2025 Earnings Call April 24, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Data IO First Quarter twenty twenty five Financial Results Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Mr. Jordan Darrow, Investor Relations. Please go ahead, sir. Speaker1 Thank you, operator, and welcome to the Data ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 24, 2025 Data I/O Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Washington 0-10394 91-0864123 (Commission File Number) (IRS Employer Identification No.) Not Applicable (Former name or former address, if changed since last report) ...

Progress Made in Key Operational Areas Product Development Milestones Set Delivered Sequential Growth Despite Global Trade TensionsRedmond, Washington--(Newsfile Corp. - April 24, 2025) - Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the first quarter ended March 31, 2025.Management Comments Commenting on the quarter ended March 31, 2025, William ...