secwatch.observer — SEC 8-K summary
======================================

Issuer:     TECHPRECISION CORP (TPCS)
CIK:        0001328792
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001104659-25-004920
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechPrecision Q2 revenue $8.9M (+8%), net loss $0.6M; Stadco operating loss $0.8M
--------------------------------------------------------------------------------

- Q2 revenue $8.9M, up 8% YoY; gross profit $1.0M down 2%.
- Operating loss $0.5M; net loss $0.6M; full valuation allowance on deferred taxes.
- Stadco segment operating loss $0.8M from unexpected costs, legacy pricing, machine breakdowns.
- Backlog $48.6M at Sept 30, 2024; expected delivery over 1-3 fiscal years.
- Cash $132K, negative working capital $1.5M, total debt $7.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328792/000110465925004920/0001104659-25-004920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328792/000110465925004920/tm254003d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-004920

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