---
schema_version: "secwatch.filing_event.v1"
accession: "0001017303-22-000026"
form_type: "8-K"
ticker: "TACT"
cik: "0001017303"
company_name: "TRANSACT TECHNOLOGIES INC"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:22:04.875250+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TransAct Q1 net loss widens to $4.0M; revenue up 17% to $9.7M but margins shrink

## Summary
- Net loss of $(4.0)M or $(0.41)/diluted share vs $(2.2)M loss ($(0.25)) in Q1 2021.
- Net sales $9.7M (+17% YoY); gross margin fell to 30.9% from 38.4%.
- Operating loss widened to $(5.2)M from $(2.7)M; adjusted EBITDA loss $(4.7)M vs $(2.2)M.
- FST recurring revenue $1.6M, up 30% YoY; paid terminals 10,127, up 44% from March 2021.
- CEO cites supply chain constraints and Omicron; price increase implemented April 2022.

## SEC filing metadata
- accession: 0001017303-22-000026
- form_type: 8-K
- ticker: TACT
- cik: 0001017303
- company_name: TRANSACT TECHNOLOGIES INC
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1017303/000101730322000026/0001017303-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017303/000101730322000026/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001017303-22-000026
- JSON: https://secwatch.observer/filing/0001017303-22-000026.json
- Plain text: https://secwatch.observer/filing/0001017303-22-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.