secwatch.observer — SEC 8-K summary
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Issuer:     INTERLINK ELECTRONICS INC (LINK)
CIK:        0000828146
Form:       8-K/A
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001104659-23-067538
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interlink Electronics acquires Calman Technology; audited FY2022 revenue $3.35M, net earnings $1.24M
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- Acquisition closed March 17, 2023; purchase price approx. GB£4.127M, subject to working capital adjustment.
- Calman's audited FY2022 (Sep 30): net sales $3.35M, net earnings $1.24M, operating earnings $1.54M.
- Calman's unaudited Q1 FY2023 (Dec 31, 2022): net sales $756K, net earnings $187K, down from $902K/$335K.
- One major customer represents 61% of FY2022 revenue; total assets $2.80M at Dec 31, 2022.
- Pro forma combined financial statements filed for year ended Dec 31, 2022 (Exhibit 99.3).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828146/000110465923067538/0001104659-23-067538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828146/000110465923067538/tm2317646d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-067538

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