{"filings":[{"id":442917,"accession_number":"0001493152-26-023093","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-05-14T20:15:43+00:00","items":["5.07"],"status":"ready","headline":"Nortech shareholders elect directors, approve equity plan at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Six directors elected with 1.59M+ votes each; broker non-votes ~401K on all director nominees.","Advisory say-on-pay approved: 1.58M for, 8.9K against, 401.5K broker non-votes.","Ratification of Baker Tilly as auditor: 1.99M for, 8.4K against, no broker non-votes.","2026 Equity Incentive Plan approved: 1.52M for, 79K against, 401.5K broker non-votes.","All four proposals passed; no material changes to governance structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":69121,"accession_number":"0001493152-26-022756","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-05-13T20:32:31+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q1 net loss narrows to $34k; revenue up 12.7% to $30.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $30.3M, up 12.7% YoY; net loss $34k vs $1.3M loss in Q1 2025.","Adjusted EBITDA $350k vs $(1.0M) loss YoY; gross profit +52.8% to $4.7M.","90-day backlog $31.5M, total backlog $90.8M as of March 31, 2026.","Closed $17.2M debt financing; named Andrew Walko SVP Global Operations.","Revenue growth driven by Aerospace & Defense segment and operational improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":11797000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114021,"accession_number":"0001493152-26-012975","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-03-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q4 net income $897k vs loss $1.48M YoY; sales up 5.9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $30.3M in Q4 2025, up 5.9% from $28.6M in Q4 2024.","Net income $897k ($0.32 basic EPS) vs net loss $1.48M ($0.54 loss) YoY.","Adjusted EBITDA $1.2M vs negative $585k in Q4 2024; 90-day backlog $27.3M.","Closed $17.2M debt financing to support nearshoring and growth initiatives.","Achieved AS9100:D certification at Monterrey facility for aerospace markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114020,"accession_number":"0001493152-26-012039","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nortech Systems enters $15M revolver, $2.2M term loan with Associated Bank, maturing 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver up to $15M subject to borrowing base (AR, inventory, fixed assets); term loan $2.2M.","Replaces existing facility due Aug 2026; new facility and term loan mature March 2029.","Interest: SOFR + 2.00% (revolver) or + 2.25% (term loan), at borrower's option.","Covenants include Fixed Charge Coverage Ratio of 1.10:1; restricts dividends, debt, asset sales."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114019,"accession_number":"0001493152-26-009029","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nortech Systems obtains waiver for Q4 2025 covenant breaches; revises credit facility terms","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Bank of America waived defaults on leverage, fixed charge, and EBITDA covenants for Q4 2025.","New minimum EBITDA targets: $680K for Q1 2026 and $1.559M for Q2 2026.","Revolving commitment reduces from $15M to $12M on April 1, 2026; borrowing base now 80% of eligible assets.","Interest rate increased to SOFR + 3.50%; excess cash above $1.8M must prepay loans.","Foreign subsidiary investments capped at $150K; company negotiating new asset-based facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114018,"accession_number":"0001493152-26-000512","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Nortech Systems appoints Andrew Walko as SVP Global Operations, replacing retiring John Lindeen","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Walko becomes SVP Global Operations effective Jan. 19, 2026, succeeding John Lindeen who retires in Q1 2026.","Base salary of $260,000, bonus target 40% of base, and 25,000 non-qualified stock options vesting over 5 years.","Walko brings executive experience from Sanuwave, Biomerics, and Minnetronix; will oversee U.S., Mexico, and China facilities.","Severance of 9 months base salary if terminated without cause or for good reason (or longer after change of control)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130421,"accession_number":"0001493152-25-022126","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q3 net loss narrows to $146K; adjusted EBITDA turns positive at $1.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $30.5M, down 2.9% YoY from $31.4M; net loss per basic share $(0.05) vs. $(0.27).","Adjusted EBITDA $1.3M, up from $0.1M in Q3 2024; gross margin improved to $5.0M (+31.0% YoY).","90-day backlog $31.3M as of Sep 30, 2025, up from $29.6M a year earlier.","Monterrey, Mexico facility achieved AS9100:D aerospace certification, expanding market reach.","CEO cites restructuring pay-off; YTD net loss $1.1M vs. YTD net income $0.2M in prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":12628000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130420,"accession_number":"0001493152-25-019730","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Debarati Sen will not stand for re-election; term ends May 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Debarati Sen notified Nortech Systems she will not seek re-election for the 2026-2027 board term.","Sen will serve the remainder of her term through the annual shareholder meeting in May 2026.","Decision is not the result of any disagreement with the company on operations, policies, or practices.","No replacement named; board composition change effective after May 2026 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146968,"accession_number":"0001641172-25-024839","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Nortech SVP Global Operations John Lindeen to retire; search underway for replacement","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Lindeen, SVP Global Operations, notified retirement on Aug 18, 2025.","Resignation not related to any disagreement with company operations or policies.","He will remain in role through remainder of 2025 and into Q1 2026.","Company initiated search for permanent replacement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146967,"accession_number":"0001641172-25-022510","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q2 net income up 99% to $313K; sales down 9.5% to $30.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $30.7M, down 9.5% YoY; net income $313K ($0.12 EPS) vs $157K in Q2 2024.","Adjusted EBITDA $1.1M, up 16.8% YoY; YTD adjusted EBITDA $73K vs $2.6M.","90-day backlog $26.6M as of June 30; management cites plant efficiency improvements.","YTD net loss $1.0M on sales $57.6M (down 15.5%)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":13006000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146966,"accession_number":"0001641172-25-021913","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-08-01T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nortech Systems extends $15M BofA credit line to August 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended $15M senior secured revolving credit facility maturity to August 31, 2026.","Amendment No. 3 executed with Bank of America, N.A. effective July 29, 2025.","No changes to interest rate, covenants, or borrowing base disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165462,"accession_number":"0001641172-25-015833","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nortech Systems agrees to sell Blue Earth, MN facility for $0.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale price $0.5M; buyer Clark Equities LLC; expected close by July 16, 2025.","Property located at 1930 W 1st Street, Blue Earth, MN; sale is 'as-is'.","Proceeds not specified; facility sale reduces real estate footprint."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165461,"accession_number":"0001641172-25-010259","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q1 net loss of $1.3M; revenue down 21% to $26.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $26.9M, down 21.4% YoY from $34.2M; net loss of $1.3M ($0.48 diluted loss).","Adjusted EBITDA loss of $1.0M vs $1.6M positive in prior year; backlog $26.7M at quarter end.","Gross profit fell 43.5% to $3.1M; operating expenses rose 9.3% to $4.7M.","Management cites delays in defense customer approvals for facility transfers; expects to clear majority in Q2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":13406000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183119,"accession_number":"0001641172-25-001475","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q4 net sales $28.6M, net loss $1.5M; defense delay cited","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $28.6M (-20.6% YoY); net loss $1.5M vs $4.4M profit in Q4 2023.","Adjusted EBITDA loss of $585K; full-year 2024 net loss $1.3M vs $6.9M profit.","Defense customer approval delays for facility transfers from closed Blue Earth plant impacted Q4 sales.","90-day backlog $26.5M; majority of approval backlog expected to clear in Q2 2025.","Restructuring consolidates North American footprint; fiber optics R&D investment ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":13406000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183118,"accession_number":"0001641172-25-000284","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Dan Sachs not standing for re-election; board reduced to 7","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dan Sachs will not stand for re-election at the May 14, 2025 annual meeting.","Board of Directors reduced size from eight to seven members on March 19, 2025.","Departure is not due to any disagreement between Sachs and the company.","Sachs will complete his current term through the annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199697,"accession_number":"0001493152-24-048016","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2024-11-27T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nortech Systems extends Milaca facility lease to June 2030 with 5-year renewal option","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lease amended to extend term through June 30, 2030; one 5-year renewal option available.","Base rent set at $5.00/sq ft ($100,000/year), payable in equal monthly installments.","Expansion option allows adding 20,000-25,000 sq ft with construction costs amortized over 240 months.","Expansion rent adjusted to ensure landlord's outstanding debt ≤$400,000 at renewal expiry."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199696,"accession_number":"0001493152-24-043921","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q3 net loss of $739K; sales down 5.9% YoY to $31.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $31.4M, down 5.9% from $33.4M in Q3 2023; net loss of ($739K) vs net income of $1.2M.","Adjusted EBITDA fell to $143K from $1.6M; gross profit down 27.9% to $3.8M.","Operating expenses up 4.5%; 90-day backlog of $29.6M as of Sept 30, 2024.","Management cites customers delaying purchases and reducing inventory as headwinds.","Restructuring includes consolidating facilities and moving programs to lower-cost locations."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":99513000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215714,"accession_number":"0001493152-24-030672","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Nortech Systems Q2 net sales $33.9M, net income down 75% YoY to $157K","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $33.9M in Q2 2024, down 3.2% YoY from $35.0M.","Net income $157K ($0.06 diluted EPS) vs $634K ($0.24) in Q2 2023, down 75.2%.","Adjusted EBITDA $919K vs $1.622M in prior year, down 43.3%.","90-day backlog $30.1M as of June 30, 2024.","Minnesota facility optimization to save at least $1.6M annually starting 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":68106000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235110,"accession_number":"0001437749-24-017492","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2024-05-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Nortech Systems shareholders elect directors, approve advisory pay vote, increase stock plan shares to 775,000","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected: David Kunin 1,584,943 for; Ryan McManus 1,499,161 for; others similarly approved.","Advisory vote on executive compensation passed with 1,576,442 for, 22,124 against.","2017 Stock Incentive Plan amended to increase reserved shares from 675,000 to 775,000 (1,562,149 for).","Baker Tilly ratified as auditor for 2024 with 2,122,489 for, 314 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235109,"accession_number":"0001437749-24-017204","cik":722313,"company_name":"NORTECH SYSTEMS INC","ticker":"NSYS","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["1.01","2.02","2.05","9.01"],"status":"ready","headline":"Nortech Systems Q1 net income up 12% to $765K; announces Blue Earth plant closure and lease reduction","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net sales $34.2M (down 1.9% YoY); net income $765K ($0.26 EPS) vs $681K ($0.23).","Gross margin improved 20 bps to 15.9%; EBITDA rose 5.1% to $1.637M.","Signed new $15M credit line; 90-day backlog $35.2M, consistent with year-end.","Closing Blue Earth, MN plant; relocating to Bemidji, expecting $1.0-1.1M closure costs including $0.4M asset write-offs by Dec 2024.","Amended Maple Grove, MN lease through Aug 2033, reducing space ~30%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":34215000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":41610610.960488506,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}