{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-119910","form_type":"8-K","ticker":"TPCS","cik":"0001328792","company_name":"TECHPRECISION CORP","filed_at":"2023-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.636175+00:00","generated_at":"2026-06-07T23:16:25.850043+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TechPrecision Q2 net loss $528K; backlog $44.6M; debt covenant violation","bullets":["Net sales $8.0M, down 6% YoY; net loss $528K ($0.06 per share).","Backlog $44.6M as of Sep 30, 2023, with delivery expected over 1-3 fiscal years.","Operating loss widened to $0.6M from $0.1M a year ago; gross profit down 41%.","Debt covenant violation led to reclassification of all long-term debt as current; total debt $7.1M.","Working capital negative at Sep 30, 2023 vs positive $5.6M at Mar 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-119910","json":"https://secwatch.observer/filing/0001104659-23-119910.json","markdown":"https://secwatch.observer/filing/0001104659-23-119910.md","text":"https://secwatch.observer/filing/0001104659-23-119910.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1328792/000110465923119910/0001104659-23-119910-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1328792/000110465923119910/tm2331100d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:16:25.850043+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":"947ad6dd6db868fb09a46c99ec2127422358d9ac","claim":"TECHPRECISION CORP reported second quarter ended September 30, 2023 results: revenue $8.0 million, net income net loss of $528,000, EPS $0.06 per share.","evidence_excerpt":"driving a strong backlog of $44.6 million as of September 30, 2023,” stated Alexander Shen, TechPrecision’s Chief Executive Officer. “Second quarter consolidated net sales were $8.0 million when compared to $8.5 million in the fiscal 2023 second quarter, or 6% lower” “Ranor reported net sales of $4.5 million or a 9% decrease from the second quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1328792/000110465923119910/0001104659-23-119910-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended September 30, 2023"},{"label":"Revenue","value":"$8.0 million"},{"label":"Net income","value":"net loss of $528,000"},{"label":"EPS","value":"$0.06 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"}