---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-100234"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:30:34.930615+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TechPrecision FY2024: operating loss $4.6M, debt covenant violated, working capital negative $2.9M

## Summary
- Q4 net sales $8.6M (+15% YoY); full-year net sales $31.6M (+1%).
- Full-year operating loss $4.6M vs loss $1.1M; Q4 loss $2.5M vs $0.7M.
- SG&A includes $1.1M breakup fee and $1.9M due diligence costs from terminated Votaw acquisition.
- Cash $0.1M; working capital negative $2.9M due to $7.6M debt reclassified to current on covenant violation.
- Backlog $50M; company expects to deliver backlog over 1-3 years with gross margin expansion.

## SEC filing metadata
- accession: 0001104659-24-100234
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465924100234/0001104659-24-100234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465924100234/tm2424155d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-100234
- JSON: https://secwatch.observer/filing/0001104659-24-100234.json
- Plain text: https://secwatch.observer/filing/0001104659-24-100234.txt

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