{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-090434","form_type":"8-K","ticker":"ISSC","cik":"0000836690","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.765623+00:00","generated_at":"2026-06-11T15:58:53.725919+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IS&S Q3 net sales up 14.8% to $8.0M; Honeywell license acquisition to boost revenue 40% annually","bullets":["Net sales $8.0M (+14.8% YoY); gross profit $4.7M (59.5% of sales); net income $1.4M ($0.08 per share) flat YoY.","Completed exclusive license and asset acquisition of Honeywell product lines June 30, 2023; expects 40% revenue boost, ~75% EBITDA increase integrated in 2024.","Secured $20M term loan to strengthen financial position; cash on hand $2.6M after acquisition funding.","Backlog $13.8M vs $12.6M a year ago; new orders $6.9M in Q3.","Generated $6.4M cash from operations in first nine months of fiscal 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-090434","json":"https://secwatch.observer/filing/0001104659-23-090434.json","markdown":"https://secwatch.observer/filing/0001104659-23-090434.md","text":"https://secwatch.observer/filing/0001104659-23-090434.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/836690/000110465923090434/0001104659-23-090434-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/836690/000110465923090434/tm2323540d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T15:58:53.725919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16ec3933a60ba16814265b436a9c21d0f2b233f5","claim":"INNOVATIVE SOLUTIONS & SUPPORT INC reported third quarter of fiscal year 2023, which ended June 30, 2023 results: revenue $8.0 million, net income $1.4 million, EPS $0.08 per share.","evidence_excerpt":"Innovative Solutions & Support, Inc. (“IS&S” or the “Company”) (NASDAQ: ISSC) today announced its financial results for the third quarter of fiscal year 2023, which ended June 30, 2023. For the third quarter of fiscal 2023, net sales increased 14.8% to $8.0 million compared to $6.9 million in the third quarter a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465923090434/0001104659-23-090434-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2023, which ended June 30, 2023"},{"label":"Revenue","value":"$8.0 million"},{"label":"Net income","value":"$1.4 million"},{"label":"EPS","value":"$0.08 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}