secwatch.observer — SEC 8-K summary
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Issuer:     Lifeloc Technologies, Inc (LCTC)
CIK:        0001493137
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001079973-21-001070
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeloc reports Q3 revenue up 21% YoY; net income of $0.21/share vs loss year ago
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- Q3 2021 net revenue $1.887M (+21% YoY); net income $523k ($0.21 diluted EPS) vs loss of $0.09/share in Q3 2020.
- Nine-month 2021 revenue $5.427M; net income $816k ($0.33 diluted EPS) vs loss $0.30/share prior year.
- Results include $471k PPP loan forgiveness in Q3; total $936k for nine months.
- Refinanced building mortgage from 4.00% to 2.95% fixed rate through Sept 2031.
- New L-series devices (LX9, LT7) driving demand; R.A.D.A.R. 200 field testing; SpinDx breathalyzer expected revenue by late 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493137/000107997321001070/0001079973-21-001070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493137/000107997321001070/lclc_8k-q3.htm
  HTML page:      https://secwatch.observer/filing/0001079973-21-001070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer