{"filings":[{"id":2465956,"accession_number":"0001654954-26-007861","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-08-25T20:07:30+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smith-Midland posts investor presentation; no specific financial details in filing","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation materials dated Aug 26, 2026 furnished as Exhibit 99.1 under Item 7.01.","Materials intended for investors, lenders, customers, and other stakeholders.","No revenue, EPS, guidance, or other specific metrics disclosed in the available text."],"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":165670630.0891026,"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":2271957,"accession_number":"0001654954-26-007658","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-08-14T20:16:50+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q2 revenue falls to $23.4M, EPS $0.26; backlog up 19% to $57.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $23.4M vs $26.2M; net income $1.4M ($0.26/diluted) vs $4.2M ($0.79) YoY.","Gross margin 23.2% vs 29.7%; operating income $2.0M vs $5.5M.","Backlog $57.4M as of Aug 1, 2026, up 19% QoQ and 6% YoY.","Post-quarter awards: $10M I-81 VDOT contract, $1.7M Louisiana data center, ~$1M utility vaults.","Utility product sales up 126% YoY; barrier sales up to $2.8M from $1.2M."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":165670630.0891026,"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":1811246,"accession_number":"0001654954-26-006796","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-07-22T22:04:59+00:00","items":["5.07"],"status":"ready","headline":"Smith-Midland Corporation announces shareholder vote results from 2026 annual meeting","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Ashley B. Smith, James Russell Bruner, Matthew I. Smith, Read Van de Water, and Richard Gerhardt elected as directors with over 2.7 million votes each.","Stockholders approved the 2026 Equity Incentive Plan with 2,766,357 votes for, 31,184 against, and 1,130 abstentions.","Ratification of BDO USA, LLP as independent auditor for 2026 received 2,718,017 votes for, 80,654 against, and 0 abstentions."],"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":0.4,"market_cap_usd":165670630.0891026,"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":981485,"accession_number":"0001654954-26-005864","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-06-10T23:48:50+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smith-Midland furnishes investor presentation; no new material facts disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation materials posted for use beginning June 11, 2026.","No specific financial data or material events included in the filing excerpt.","Presentation is furnished under Regulation FD, not filed with the SEC."],"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":165670630.0891026,"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":946402,"accession_number":"0001654954-26-005827","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-06-09T20:30:36+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q1 net income falls to $1.3M from $3.3M; product sales up 29%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $21.6M, down 5% YoY from $22.7M; product sales rose 29% to $11.8M.","Net income $1.3M ($0.25 diluted EPS) vs $3.3M ($0.62) prior year; gross margin 19.9% vs 30.7%.","Service revenue dropped to $9.8M from $13.6M due to non-recurring special barrier projects in Q1 2025.","Cash $13.2M, debt $4.3M; backlog $48.1M as of May 2025 (likely May 2026).","CEO expects product sales growth to continue; Q2 results may not compare favorably to prior year."],"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":165670630.0891026,"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":842445,"accession_number":"0001654954-26-005673","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-06-03T22:00:50+00:00","items":["3.01","9.01"],"status":"ready","headline":"Smith-Midland receives Nasdaq delisting notice for late Q1 10-Q filing; cites accounting staff departure","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notice dated May 29, 2026 for failure to file Q1 2026 10-Q by deadline.","No immediate impact on SMID listing; must file or submit compliance plan by July 28, 2026.","Delay caused by unanticipated resignation of a key accounting staff member disrupting quarter-end close.","Company has replaced the staff member and is working diligently to file the 10-Q as soon as practicable.","Previously disclosed on Form 12b-25 filed May 14, 2026."],"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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":99824,"accession_number":"0001654954-26-003503","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland reports record FY2025 revenue $93.4M, net income up 63% to $12.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $23.1M (+25% YoY); net income $2.1M ($0.40 EPS) vs $1.4M ($0.26 EPS).","Full-year product sales $48.3M, service revenue $45.2M; gross margin 27.9% (+240 bps).","Soundwall sales $14.6M, Easi-Set $11.5M, SlenderWall $3.6M (new).","Barrier rental revenue surged to $19.7M from $12.0M; backlog $53.1M.","Cash $11.9M, debt $4.4M at year-end; capex $9.2M vs $6.2M."],"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":165670630.0891026,"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":116074,"accession_number":"0001654954-26-002625","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland expects Q4 revenue up ~25% YoY, record full-year revenue and net income","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue expected $22-24M, up from $18.5M in Q4 2024.","Full year 2025 revenue guided $92-94M, ~18% growth vs 2024 at midpoint.","Anticipates record annual net income; final results to be filed by March 31, 2026.","CEO cites federal/state infrastructure spending and fleet expansion as drivers."],"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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":132502,"accession_number":"0001654954-25-013052","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q3 net income $2.9M ($0.54/sh) on revenue $21.5M; product sales up 11%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $21.5M vs $23.6M YoY; product sales increased 11% to $11.9M.","Service revenue fell to $9.5M from $12.8M due to non-recurring barrier projects.","Net income $2.9M ($0.54 diluted) vs $3.2M ($0.59) a year ago; gross margin 26.8%.","Backlog $54.8M as of Nov 1 (vs $62.8M prior year); majority expected within 12 months.","Cash $13.4M, debt $4.6M; company sees tailwinds from infrastructure and data center demand."],"consensus_eps_estimate":null,"consensus_eps_actual":1.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":70335000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":149033,"accession_number":"0001654954-25-009923","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smith-Midland files investor presentation materials; no specific financial data in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company furnished presentation materials for use on/after August 27, 2025.","Presentation includes forward-looking statements; no quantitative updates provided.","No earnings, guidance, or operational metrics disclosed in the 8-K or exhibit text."],"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":165670630.0891026,"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":149032,"accession_number":"0001654954-25-009549","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q2 revenue record $26.2M, net income doubles to $0.79 EPS","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $26.2M (+33% YoY); net income $4.2M ($0.79 diluted EPS) vs. $2.0M ($0.37) prior year.","Gross margin improved 360 bps to 29.7%; operating income $5.5M vs. $2.7M.","Service revenue $12.8M (more than double YoY) driven by barrier rental ($5.8M) and a special project.","Product sales $13.4M; Soundwall $5.2M (+136% YoY), SlenderWall $1.5M (vs. $0).","Backlog ~$54M as of August 2025; special barrier projects not expected to repeat in H2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":48884000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":165670630.0891026,"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":149031,"accession_number":"0001654954-25-009134","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smith-Midland Corporation announces results of annual shareholder meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All five director nominees elected: Ashley B. Smith (2,894,321 for), James Russell Bruner (2,586,256), Matthew I. Smith (2,801,623), Read Van de Water (2,798,223), Richard Gerhardt (2,613,505).","Ratification of BDO USA, LLP as independent auditor approved with 3,084,712 for, 27,376 against, 367,000 abstain.","Advisory vote on executive compensation approved with 3,045,521 for, 13,362 against, 6,832 abstain."],"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":0.15,"market_cap_usd":165670630.0891026,"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":149030,"accession_number":"0001654954-25-007938","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-07-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q1 revenue up 35% to $22.7M; net income triples to $3.3M (EPS $0.62)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $22.7M (+35% YoY); operating income $4.4M vs $1.5M; net income $3.3M ($0.62 diluted EPS) vs $1.1M ($0.21).","Gross margin improved 740 bps to 30.7%; service revenue more than doubled to $13.6M led by barrier rental special project.","Product sales $9.1M (down from $10.8M) as focus shifts to rentals; Soundwall sales up 27% to $3.8M.","Backlog $52M as of May 2025 vs $64.6M prior year; preliminary Q2 2025 revenue and margins expected substantially higher.","Cash $9.0M, debt $4.9M; capital spending $595K in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":48884000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":165670630.0891026,"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":168001,"accession_number":"0001654954-25-006579","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Smith-Midland regains Nasdaq compliance for 10-K but flagged for Q1 10-Q delay","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq letter on May 29, 2025 confirming compliance regained for 2024 10-K filed May 27.","Separate same-day Nasdaq notice for non-compliance with listing rule 5250(c)(1) due to late Q1 2025 10-Q.","Company expects to file the Q1 10-Q in the near future; delay attributed to extended close process from earlier 10-K delay.","Preliminary Q1 2025 results indicate revenue higher than Q1 2024 and significantly higher net income."],"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":165670630.0891026,"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":168000,"accession_number":"0001654954-25-006150","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland reports record annual revenue $78.5M, net income $7.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY 2024 revenue up 32% to $78.5M; net income of $7.7M ($1.45 diluted EPS) vs $795K ($0.15) in FY 2023.","Q4 2024 revenue rose 13% to $18.5M; net income of $1.4M ($0.26 diluted EPS) vs $230K ($0.04) a year ago.","Gross margin improved 760 bps to 25.5% for FY 2024, driven by higher volumes and fixed cost absorption.","Backlog was $59.5M as of March 2025, roughly flat year-over-year; most expected to ship within 12 months.","Preliminary Q1 2025 revenue, gross margin and net income each expected substantially above Q1 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":22698000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":165670630.0891026,"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":167999,"accession_number":"0001654954-25-004570","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["3.01","5.02","9.01"],"status":"ready","headline":"Smith-Midland receives Nasdaq non-compliance notice for late 10-K; appoints new CFO","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nasdaq notified SMID on Apr 17 of non-compliance with Listing Rule 5250(c)(1) due to late 10-K filing for FY2024.","Delay stems from additional time for financial close and internal control assessment; material weakness expected to be reported.","Dominic L. Hunter appointed CFO effective Apr 17, 2025; brings 20+ years financial leadership, most recently CFO at iVenture Accounting Group.","Hunter's prior roles include CFO at VersaTech, O'Gara Group, and Cyberpoint International; he is a CPA and UVA graduate.","Company expects to file Form 10-K in the near future; no other executive changes announced."],"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":165670630.0891026,"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":201830,"accession_number":"0001654954-24-014444","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q3 2024 revenue record $23.6M (+51% YoY); EPS $0.59 vs $0.24","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $3.2M ($0.59 diluted EPS), up from $1.3M ($0.24) YoY; operating income $3.8M.","Service revenue surged 170% to $12.8M, led by barrier rentals ($7.1M vs $784K).","Gross margin improved to 27.9% from 22.9% on favorable product mix and fixed-cost absorption.","Backlog at Nov. 1: $62.8M, up from $60.2M a year ago; majority expected to ship within 12 months.","Utility vault sales more than doubled to $2.4M on data-center demand; architectural walls up sharply."],"consensus_eps_estimate":null,"consensus_eps_actual":1.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":59977000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":165670630.0891026,"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":217845,"accession_number":"0001654954-24-010675","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q2 2024 revenue record $19.6M, swing to profit $0.37/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $19.6M, up 34% YoY; net income $2.0M ($0.37) vs net loss ($782K) ($0.15) in Q2 2023.","Product sales $13.1M (+23%); service revenue $6.5M (+63%) driven by SlenderWall and barrier rentals.","Operating income $2.7M vs operating loss $981K; gross margin improved to 26.1% from 12.2%.","Awarded $7.5M contract from Georgia DOT; added to Russell 2000 and 3000 indexes.","Backlog $59.2M as of August 2024; company expects full-year sales growth on infrastructure spending."],"consensus_eps_estimate":null,"consensus_eps_actual":0.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":36394000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":165670630.0891026,"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":217844,"accession_number":"0001654954-24-010392","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smith-Midland holds annual meeting; all director nominees elected, auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Ashley B. Smith, James Bruner, Matthew Smith, Read Van de Water, Richard Gerhardt elected with >2.8M for each.","Stockholders ratified BDO USA as auditor for FY2024: 2,904,215 for, 47 against, 670 abstain.","Annual meeting held August 7, 2024."],"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":0.15,"market_cap_usd":165670630.0891026,"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":217843,"accession_number":"0001654954-24-008561","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-07-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smith-Midland furnishes updated investor presentation materials","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation materials dated July 2, 2024, furnished as Exhibit 99.1 to Form 8-K.","Management intends to use the materials in presentations to investors and other stakeholders.","No specific financial updates, guidance changes, or material events disclosed in the filing.","Presentation posted on company website under Investor Relations section."],"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":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":165670630.0891026,"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":217842,"accession_number":"0001654954-24-008547","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-07-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Smith-Midland CFO Stephanie Poe resigns; former CFO AJ Krick named interim","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Stephanie Poe resigned effective July 17, 2024; resignation not due to any dispute with the company.","Former CFO AJ Krick to provide CFO-equivalent services via L2G, Inc. as interim consultant.","Company will conduct a full search for a permanent CFO replacement.","Poe served as CFO for 7 years; Krick previously held the role from 2018-2022."],"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":165670630.0891026,"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":237748,"accession_number":"0001654954-24-007630","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q1 revenue up 30% to $16.8M; net income $1.1M vs $0.08M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $16.8M (+30% YoY); net income $1.1M ($0.22 diluted EPS) vs $0.08M ($0.02) prior year.","Product sales $10.8M (+30%); service revenue $6.0M (+31%), driven by soundwall and utility products.","Gross margin improved 480 bps to 23% on higher production volume and fixed cost absorption.","Backlog grew to $64.6M as of May 2024 from $51.4M a year ago, supported by data center and infrastructure demand.","Started construction to double North Carolina plant; expects full-year sales increase on state/local infrastructure funding."],"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":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":165670630.0891026,"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":237747,"accession_number":"0001654954-24-007006","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-05-29T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Smith-Midland receives Nasdaq non-compliance notice for late Q1 10-Q; regains compliance on 10-K","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On May 22, 2024, Nasdaq notified Smith-Midland of non-compliance with listing rule 5250(c)(1) due to late filing of Q1 2024 10-Q.","On May 24, 2024, Nasdaq confirmed the company regained compliance for its 2023 10-K, which was filed on May 23, 2024.","The delay in the 10-Q is attributed to additional time needed to complete financial reporting close process after the 10-K delay.","The company expects to file the 10-Q in the near future."],"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":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":165670630.0891026,"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":237746,"accession_number":"0001654954-24-006858","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland reports record annual revenue $59.6M in 2023; backlog rises to $60.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $16.4M (+13% YoY); net income $230K ($0.04 EPS) vs $5K in prior-year quarter.","Full-year net income $795K ($0.15 EPS) flat YoY, impacted by a significant state tax liability true-up.","Product sales up 39% to $38.7M; service revenue down 7% to $20.8M on lower shipping and installation.","Backlog $60.8M as of March 2024, up from $52.4M a year earlier; majority expected within 12 months.","Preliminary Q1 2024 revenue expected at least 20% higher YoY; gross margin and net income also expected higher."],"consensus_eps_estimate":null,"consensus_eps_actual":0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":16756000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":237745,"accession_number":"0001654954-24-004999","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Smith-Midland receives Nasdaq delisting notice for late 10-K filing","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified Smith-Midland on April 19, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to file 2023 Form 10-K.","The delay is attributed to the company needing additional time to complete its financial reporting close process.","Smith-Midland expects to file the overdue 10-K in the near future.","The notice triggers a standard grace period; continued listing depends on timely filing."],"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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":255261,"accession_number":"0001654954-24-000893","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2024-01-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Smith-Midland signs change-of-control severance pact with CFO Stephanie Poe","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement provides one year of base salary in monthly installments upon qualifying termination.","CFO receives 12 months continued benefits and lump sum equal to avg prior 3 years cash bonuses.","If termination within 24 months after change in control, unvested stock options and RSUs fully vest.","Ms. Poe agrees to one-year non-compete and non-solicitation after termination.","Severance agreement executed January 18, 2024, between Smith-Midland and CFO."],"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":0.4,"market_cap_usd":165670630.0891026,"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":272729,"accession_number":"0001654954-23-016021","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-12-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Smith-Midland appoints Van de Water and Matthew Smith to board; Taylor retires","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Wesley A. Taylor retired from board on Dec 21, 2023; served as director since 1994.","Read Van de Water appointed director, effective Dec 21, 2023; named chair of Nominating and Governance Committee on Dec 27.","Van de Water is SVP External Affairs at Safran USA; independent under Nasdaq rules.","Matthew Smith appointed director on Dec 27; remains VP Sales & Marketing and President of Concrete Safety Systems.","Both new directors' terms expire at the 2024 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":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":165670630.0891026,"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":272728,"accession_number":"0001654954-23-015222","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-12-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Smith-Midland renews $5M line of credit and $1.5M equipment line with Summit Community Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Renewed $5M revolving line of credit with Summit Community Bank; no advances drawn to date.","Also renewed $1.5M equipment guidance line of credit; both mature October 1, 2024.","Interest rate: WSJ prime (initial 8.5%) with floor of 4.99%; interest-only payments monthly.","Covenants include bank approval for capex >$5M, min tangible equity $10M, and approval for acquisitions.","Loans collateralized by accounts receivable, inventory, and equipment."],"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":0.4,"market_cap_usd":165670630.0891026,"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":272727,"accession_number":"0001654954-23-014694","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-11-22T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Smith-Midland provides investor presentation; no specific financial data disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation materials dated Nov 17, 2023 furnished under Regulation FD.","Management plans to use the presentation in discussions with investors and other parties.","Presentation includes forward-looking statements; no new financial results or guidance provided.","Materials posted on company's Investor Relations website."],"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":165670630.0891026,"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":272726,"accession_number":"0001654954-23-013979","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q3 revenue up 31% to $15.7M, net income $1.3M vs $5k","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $15.7M (+31% YoY); product sales up 54% to $10.9M.","Gross margin 22.9% (up 550 bps); operating income $1.5M vs $4k.","Net income $1.3M ($0.24 diluted EPS) vs $5k ($0.00) in Q3 2022.","Backlog $60.2M; awarded $6.8M Baltimore Harbor Tunnel and $1.6M I-64 barrier rental.","Fourth consecutive quarter of double-digit revenue growth; outlook positive for 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":43191000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":165670630.0891026,"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":272725,"accession_number":"0001654954-23-013577","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Smith-Midland amends bylaws to update director nominations and adopt forum selection clause","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bylaw amendments effective October 25, 2023 include updates for SEC Rule 14a-19 compliance (universal proxy).","Expanded disclosure requirements for stockholder director nominees, including questionnaire and no undisclosed voting agreements.","Advance notice window for annual meeting nominations changed to 120-90 days before anniversary (was 90-60 days).","Adopted exclusive forum for derivative actions, fiduciary duty claims, and DGCL matters in Delaware state or federal court.","Permits remote stockholder meetings and electronic transmission of notices, consents, and waivers."],"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":165670630.0891026,"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":272724,"accession_number":"0001654954-23-013457","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-10-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smith-Midland holds annual meeting; all director nominees elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All four director nominees (Ashley Smith, Wesley Taylor, James Bruner, Richard Gerhardt) were elected with substantial majorities.","Ratification of BDO USA as auditor passed with 4,253,088 votes for, 1,197 against, 1,444 abstain.","Total shares voted at the meeting were approximately 4.26 million."],"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":0.15,"market_cap_usd":165670630.0891026,"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":272723,"accession_number":"0001654954-23-012805","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-10-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q2 revenue up 11% to $14.7M but net loss of $782K due to panel rework and wire fraud","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $14.7M (+11% YoY); product sales $10.7M (+58% YoY) driven by Soundwall and SlenderWall.","Net loss of $782K ($0.15 loss per share) vs net income of $910K ($0.17 EPS) in Q2 2022.","Gross margin fell to 12.2% from 24.4% due to $400K cost for remaking architectural panels and lower-margin product mix.","Cybersecurity incident caused $342K wire fraud loss; $67K recovered from insurance; further recovery expected.","Record backlog of $60.9M as of Aug 1, 2023, with preliminary Q3 2023 revenue growth exceeding 20% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":43191000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":165670630.0891026,"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":289570,"accession_number":"0001654954-23-011414","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-08-31T23:59:59+00:00","items":["5.08","9.01"],"status":"ready","headline":"Smith-Midland postpones 2023 Annual Meeting to October 25, 2023","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Meeting moved from July 26 to October 25, 2023; record date set as August 31, 2023.","Stockholder proposals and director nominations due by September 10, 2023 per Rule 14a-8 and By-Laws.","No other material financial or operational changes 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":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":165670630.0891026,"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":289569,"accession_number":"0001654954-23-011192","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-08-23T23:59:59+00:00","items":["3.01","4.01","9.01"],"status":"ready","headline":"Smith-Midland receives Nasdaq delisting notice for late Q2 10-Q; appoints BDO as new auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nasdaq notice for non-compliance with Listing Rule 5250(c)(1) due to late Form 10-Q for June 30, 2023.","Delay attributed to transition to new independent registered public accounting firm, not internal controls.","Audit Committee approved engagement of BDO USA LLP on August 23, 2023 for fiscal year 2023.","Company expects to file Form 10-Q after BDO completes its review, resolving listing issue.","No prior consultations with BDO on accounting principles or audit opinions for recent periods."],"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":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":165670630.0891026,"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":310422,"accession_number":"0001654954-23-007430","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-05-31T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Smith-Midland auditor FORVIS resigns; material weakness disclosed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FORVIS, LLP ceased as independent auditor for Smith-Midland effective May 24, 2023.","No disagreements with FORVIS on accounting principles or audit scope during 2022 or interim 2023.","Company had previously disclosed a material weakness in internal controls over allowance for doubtful accounts in Q4 2022.","FORVIS issued an unqualified opinion on 2022 financial statements despite the weakness.","Company has initiated a process to engage a new independent registered public accounting firm."],"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":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":165670630.0891026,"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":310421,"accession_number":"0001654954-23-006731","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-05-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q1 revenue up 23% to $12.8M; net income $0.02/share, backlog $51.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $12.8M (+23% YoY); product sales $8.2M (+41%), service revenue flat at $4.6M.","Net income $80k ($0.02 diluted) vs net loss $119k in Q1 2022; operating income $54k.","Backlog $51.4M as of May 2023; awarded $6M architectural panels and $5M SoftSound noise wall contracts.","Cash $3.9M, debt $6.2M at March 31, 2023; capital spending $1.2M in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":12842000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":165670630.0891026,"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":310420,"accession_number":"0001654954-23-004875","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-04-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q4 revenue up 45% to $14.5M; record backlog of $52.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $4K (breakeven diluted EPS); full-year net income $800K ($0.15 EPS) vs $7.6M ($1.45) in 2021.","Full-year revenue $50.1M, nearly flat vs $50.6M; gross margin fell to 18.9% from 28.5% on higher costs.","Backlog rose 81% YoY to $52.4M; includes $8.6M NCDOT contract, $5M SoftSound noise walls, $6M architectural project.","Rental barrier fleet expanded from 250K to 550K linear feet; capital spending $5.3M.","Cash $6.7M vs $13.5M; debt $6.3M; management expects sales growth starting Q2-Q3 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":12842000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":329091,"accession_number":"0001654954-23-001584","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2023-02-10T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Smith-Midland amends by-laws to remove cause requirement for director removal, lowers vote threshold to majority","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopted amendment to By-Laws effective Feb 8, 2023, removing cause requirement for director removal.","Vote threshold for removal reduced from 80% to majority of outstanding voting shares.","Amendment applies to removal of any director or entire board, effective immediately."],"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":165670630.0891026,"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":346716,"accession_number":"0001654954-22-016506","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-12-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Smith-Midland CFO Krick resigning; Controller Poe promoted to CFO effective Jan 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Adam J. Krick resigned effective Jan 1, 2023 to start his own CPA firm; will serve as consultant for transition.","Controller Stephanie Poe, 33, promoted to CFO, Secretary and Treasurer effective Jan 1, 2023.","Poe joined Smith-Midland in 2017 as Accounting Manager, promoted to Controller in Jan 2022; previously at Ernst & Young.","CEO Ashley Smith highlighted 200% growth in total assets and equity, 125% revenue growth, and Nasdaq uplisting under Krick."],"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":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":165670630.0891026,"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":346715,"accession_number":"0001654954-22-014652","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q3 net income $5K on revenue $12M; backlog hit record $51.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $12.0M (down 8.4% YoY); net income $5K ($0.00 EPS) vs $3.7M ($0.71) including $2.7M PPP gain.","Record backlog of $51.4M (+80% YoY); awarded $8.6M NCDOT contract post-quarter.","Royalty revenue $833K (+23%); Easi-Set building revenue $1.523M (+168%).","Cash $10.8M, debt $6.6M; capital spending $1.8M vs $0.3M in Q3 2021.","Completed crash test for low-profile barriers targeting Texas and Florida markets."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":35644000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":165670630.0891026,"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":363102,"accession_number":"0001654954-22-011027","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q2 revenue up 8% to $13.3M; EPS $0.17 vs $0.19; backlog jumps 37% to $35.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $0.9M ($0.17 diluted EPS) vs $1.0M ($0.19) in Q2 2021.","Barrier sales more than doubled to $2.3M; barrier rental revenue rose 66% to $2.0M.","Backlog at Aug 1, 2022 was $35.7M, up 37% YoY; $8.9M in contracts awarded post-quarter.","Cash $12.4M, debt $6.7M as of June 30; capital spending $2.0M in H1 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":23688000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":165670630.0891026,"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":382809,"accession_number":"0001654954-22-007926","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-06-03T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Smith-Midland's independent auditor changes to FORVIS after DHG merger with BKD","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["DHG merged with BKD on June 1, 2022; combined firm now operates as FORVIS, LLP.","FORVIS succeeds DHG as Smith-Midland's independent registered public accounting firm.","DHG had been auditor since April 4, 2022, and rendered no audit reports on FY2021/2020.","No reportable events (Item 304(a)(1)(v)) occurred since DHG's appointment.","FORVIS furnished a letter to the SEC agreeing with the Company's disclosures (Exhibit 16.1)."],"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":165670630.0891026,"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":382808,"accession_number":"0001654954-22-007900","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-06-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Smith-Midland stockholders re-elect four directors and ratify FORVIS as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Each director received over 1.2 million votes for; non-votes of ~1.18M on all director elections.","Ratification of FORVIS (formerly Dixon Hughes Goodman) as auditor: 2,586,167 for, 44,686 against.","Advisory vote on executive compensation: 1,420,956 for, 11,975 against, 19,154 abstain.","Advisory vote on frequency: 1,070,085 preferred 3-year say-on-pay, 347,837 preferred 1-year."],"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":0.15,"market_cap_usd":165670630.0891026,"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":382807,"accession_number":"0001654954-22-006730","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland Q1 revenue down 31% to $10.4M; net loss $0.1M vs prior year profit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $10.4M (down 31% YoY); operating loss $0.2M vs operating income $3.8M in Q1 2021.","Net loss $0.1M ($0.02 loss per share) vs net income $2.9M ($0.55 EPS) in prior year.","Backlog up 13% to $32.7M; core rental barrier fleet revenue grew 12% despite total rental revenue decline.","Subsequent awards: $6.6M NC plant contract (largest ever), $2M HRBT soundwall contract; rental fleet to more than double.","Company attributes results to non-recurring special projects and operational delays; cash $14.8M, debt $6.9M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":10435000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":165670630.0891026,"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":382806,"accession_number":"0001654954-22-004746","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-04-08T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Smith-Midland dismisses BDO as auditor, engages Dixon Hughes Goodman for FY2022","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Audit Committee approved engagement of DHG and dismissed BDO on April 4, 2022, effective for FY2022.","No disagreements or reportable events between BDO and Company during 2020-2021 and subsequent interim period.","BDO's audit reports for 2020 and 2021 were unqualified with no adverse opinion or modification.","No prior consultations with DHG on accounting principles or audit issues as of April 4, 2022."],"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":165670630.0891026,"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":382805,"accession_number":"0001654954-22-004400","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-04-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Smith-Midland posts record FY2021 EPS of $1.45, revenue up 15% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income for FY2021 grew 184% to $7.6M ($1.45 EPS) vs $0.51; PPP loan forgiveness contributed $0.51 EPS.","Total revenue up 15% to $50.6M; barrier rental revenue increased 44% to ~$10M; royalty revenue up 31% to $2.2M.","Q4 2021 revenue down 10% to $10.0M; operating loss of $179K vs income of $1.3M in Q4 2020.","Backlog rose to $29M from $19.6M; plans $5M for rental fleet expansion to ~550k linear feet.","Company expects slow Q1 2022 then increased sales in H2 2022; cites infrastructure bill as positive driver."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":10435000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":165670630.0891026,"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":400662,"accession_number":"0001654954-22-001739","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-02-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Smith-Midland issues $2.8M promissory note at 4.09% for Virginia real estate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$2,805,000 note payable to Summit Community Bank, fixed 4.09% interest rate, 15-year term.","Monthly principal and interest payments of $20,956; loan matures February 10, 2037.","Collateralized by first lien on approximately 29.8 acres in Midland, VA acquired earlier.","Covenants limit annual capital expenditures to $3.5M and require tangible equity of $10.0M."],"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":165670630.0891026,"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":400661,"accession_number":"0001654954-22-000685","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2022-01-20T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Smith-Midland appoints Ashley B. Smith as Chairman; Rodney I. Smith retires after 62 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rodney I. Smith retired as Chairman and director on January 17, 2022, after 62 years of service.","Ashley B. Smith appointed Chairman of the Board while remaining President and CEO.","Barrier rentals generated nearly $7 million in revenue in 2020 under Rodney's leadership.","Company serves markets across North America and internationally via over 75 licensees."],"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":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":165670630.0891026,"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":419630,"accession_number":"0001654954-21-012457","cik":924719,"company_name":"SMITH MIDLAND CORP","ticker":"SMID","form_type":"8-K","filed_at":"2021-11-19T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Smith-Midland acquires ~33 acres in Virginia for $3.6M; includes related-party transaction with chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed purchase of two parcels (29.79 acres) from Leonard and Al-Mara Farm for $3.3M on Nov 15, 2021.","Expects to close adjacent 3.36-acre purchase from Chairman Rodney I. Smith for $295k by Nov 24, 2021.","Smith transaction is a related-party deal (father of CEO); supported by third-party appraisal.","Funded with cash on hand; plans to secure financing through Summit Community Bank using properties as security.","Land is adjacent to manufacturing plant in Fauquier County, VA, for potential expansion."],"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":0.4,"market_cap_usd":165670630.0891026,"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":"2021-11-19T23:59:59+00:00|419630"}