Combine soy sauce, rice vinegar, honey, sesame oil, sriracha, apricot preserves, brown sugar, garlic, ginger, and water in a small saucepan.
Whisk everything until it looks smooth and well-blended.
Set the saucepan over medium heat and let it come up to a gentle simmer, stirring every now and then.
Simmer for about 4 to 5 minutes, just until it thickens up a bit.
Take the pan off the heat and let the sauce cool for 5–10 minutes.
Pour the sauce into a bowl or jar. Serve it warm or chilled, whatever you’re in the mood for.
Stash leftovers in an airtight container in the fridge—they’ll keep for up to a week.